Brokerages Set Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Price Target at $20.95

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) has been assigned a consensus rating of “Hold” from the twenty-three analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $20.9474.

A number of equities analysts have issued reports on the stock. TD Cowen cut their target price on shares of Norwegian Cruise Line from $27.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Mizuho cut their target price on shares of Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Tuesday, May 5th. Tigress Financial cut their target price on shares of Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating for the company in a research report on Friday, April 17th. Stifel Nicolaus cut their target price on shares of Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, Northcoast Research cut shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 6th.

Check Out Our Latest Research Report on Norwegian Cruise Line

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, CEO John Chidsey bought 153,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the transaction, the chief executive officer owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Zillah Byng-Thorne acquired 25,015 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was purchased at an average cost of $17.67 per share, with a total value of $442,015.05. Following the transaction, the director owned 99,811 shares of the company’s stock, valued at approximately $1,763,660.37. The trade was a 33.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 1,592,467 shares of company stock worth $28,493,204. 0.41% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of institutional investors have recently modified their holdings of NCLH. SHP Wealth Management acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $26,000. MUFG Securities EMEA plc acquired a new position in shares of Norwegian Cruise Line in the second quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $31,000. Clearstead Advisors LLC raised its position in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after buying an additional 909 shares during the last quarter. Finally, Aventura Private Wealth LLC acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Down 1.0%

NCLH stock opened at $18.57 on Thursday. The company has a market cap of $8.52 billion, a P/E ratio of 15.60, a P/E/G ratio of 1.19 and a beta of 1.89. Norwegian Cruise Line has a 52 week low of $14.53 and a 52 week high of $27.18. The company’s 50-day moving average price is $18.16 and its 200 day moving average price is $20.29. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 5.75.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.07 earnings per share. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, research analysts expect that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Norwegian Cruise Line Company Profile

(Get Free Report)

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

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