Norwegian Cruise Line Holdings Ltd (NYSE:NCLH): A Fundamentally Weighted Stock for Long-Term Investors

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares traded -5.07% lower at $13.11 on Wall Street last session.

In accordance with the data, 18 analysts cover Norwegian Cruise Line Holdings Ltd (NYSE:NCLH). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $23.00 and a low of $13.50, we find $17.00. Given the previous closing price of $13.81, this indicates a potential upside of 23.1 percent. NCLH stock price is now -16.32% away from the 50-day moving average and -19.02% away from the 200-day moving average. The market capitalization of the company currently stands at $5.58B.

It has been rated a hold by 10 analysts and a buy by 6. Brokers who have rated the stock have averaged $17.10 as their price target over the next twelve months.

With the price target maintained at $25, Redburn Atlantic recently Upgraded its rating from Neutral to Overweight for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH).

In other news, Farkas Daniel S, EVP Gen. Counsel & Asst. Sec’y sold 38,000 shares of the company’s stock on Jun 15. The stock was sold for $739,366 at an average price of $19.46. Upon completion of the transaction, the EVP Gen. Counsel & Asst. Sec’y now directly owns 244,261 shares in the company, valued at $3.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 13, SVP & Chief Accounting Officer Ashby Faye L. sold 15,811 shares of the business’s stock. A total of $307,587 was realized by selling the stock at an average price of $19.45. This leaves the insider owning 174,619 shares of the company worth $2.29 million. Insiders disposed of 1,380,091 shares of company stock worth roughly $18.09 million over the past 1 year. A total of 1.02% of the company’s stock is owned by insiders.

During the past 12 months, Norwegian Cruise Line Holdings Ltd has had a low of $11.76 and a high of $22.75. As of last week, the company has a debt-to-equity ratio of 31.63, a current ratio of 0.30, and a quick ratio of 0.27. The fifty day moving average price for NCLH is $15.67 and a two-hundred day moving average price translates $16.19 for the stock.

The latest earnings results from Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was released for Sep, 2023. According to the Travel Services Company, earnings per share came in at $0.3, beating analysts’ expectations of $0.27 by 0.03. This compares to -$1.22 EPS in the same period last year. The net profit margin was -2.60% and return on equity was -50.05% for NCLH. The company reported revenue of $2.21 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 85.78 percent. For the current quarter, analysts expect NCLH to generate $2.54B in revenue.

Norwegian Cruise Line Holdings Ltd(NCLH) Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. The company was founded in 1966 and is based in Miami, Florida.

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