The price of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares last traded on Wall Street fell -1.07% to $19.44.
NCLH stock price is now 8.95% away from the 50-day moving average and 10.83% away from the 200-day moving average. The market capitalization of the company currently stands at $8.27B.
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With the price target of $19, Goldman recently initiated with Neutral rating for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). On January 05, 2024, Wells Fargo Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $18, while ‘Redburn Atlantic’ rates the stock as ‘Overweight’
In other news, Kempa Mark, EVP & CFO sold 19,965 shares of the company’s stock on Mar 08 ’24. The stock was sold for $399,532 at an average price of $20.01. Upon completion of the transaction, the EVP & CFO now directly owns 268,386 shares in the company, valued at $5.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 15 ’23, EVP Gen. Counsel & Asst. Sec’y Farkas Daniel S sold 38,000 shares of the business’s stock. A total of $739,366 was realized by selling the stock at an average price of $19.46. This leaves the insider owning 244,261 shares of the company worth $4.75 million. A total of 1.14% of the company’s stock is owned by insiders.
During the past 12 months, Norwegian Cruise Line Holdings Ltd has had a low of $12.15 and a high of $22.75. As of last week, the company has a debt-to-equity ratio of 48.96, a current ratio of 0.16, and a quick ratio of 0.13. According to the stock market information, the enterprise value for the company is $22.02B, which is based on a 82.51 price-to-earnings ratio, a 1.71 price-to-earnings-growth ratio, and a beta of 2.60. The fifty day moving average price for NCLH is $17.84 and a two-hundred day moving average price translates $17.54 for the stock.
The latest earnings results from Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was released for Dec, 2023. According to the Travel Services Company, earnings per share came in at -$0.18, missing analysts’ expectations of -$0.14 by -0.04. This compares to -$1.14 EPS in the same period last year. The net profit margin was 1.94% and return on equity was 89.97% for NCLH. The company reported revenue of $1.99 billion for the quarter, compared to $1.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.76 percent. For the current quarter, analysts expect NCLH to generate $2.24B in revenue.
