The price of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares last traded on Wall Street fell -1.92% to $20.93.
NCLH stock price is now 14.62% away from the 50-day moving average and 18.39% away from the 200-day moving average. The market capitalization of the company currently stands at $8.91B.
With the price target of $21, Mizuho recently initiated with Neutral rating for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). On March 13, 2024, Goldman recently initiated its ‘Neutral’ rating on the stock quoting a target price of $19, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
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 $5.62 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 $5.11 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 $12.28 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 $22.57B, which is based on a 88.84 price-to-earnings ratio, a 1.84 price-to-earnings-growth ratio, and a beta of 2.60. The fifty day moving average price for NCLH is $18.34 and a two-hundred day moving average price translates $17.69 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.
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 through 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 ports, including Scandinavia, Northern Europe, 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. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.
