Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares traded -3.74% lower at $21.13 on Wall Street last session.
NCLH stock price is now -18.98% away from the 50-day moving average and -3.57% away from the 200-day moving average. The market capitalization of the company currently stands at $9.30B.
With the price target of $26, Loop Capital recently initiated with Hold rating for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). On December 13, 2024, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $28 to quote $32, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Ashby Faye L., SVP & Chief Accounting Officer sold 38,344 shares of the company’s stock on Nov 08 ’24. The stock was sold for $1,046,699 at an average price of $27.30. Upon completion of the transaction, the SVP & Chief Accounting Officer now directly owns 116,270 shares in the company, valued at $2.46 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, EVP & CFO Kempa Mark sold 15,000 shares of the business’s stock. A total of $417,918 was realized by selling the stock at an average price of $27.86. This leaves the insider owning 253,386 shares of the company worth $5.35 million. A total of 1.06% of the company’s stock is owned by insiders.
During the past 12 months, Norwegian Cruise Line Holdings Ltd has had a low of $14.69 and a high of $29.29. As of last week, the company has a debt-to-equity ratio of 9.76, a current ratio of 0.11, and a quick ratio of 0.09.
The net profit margin was 9.60% and return on equity was 105.46% for NCLH. The company reported revenue of $2.11 billion for the quarter, compared to $1.99 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.19 percent. For the current quarter, analysts expect NCLH to generate $2.15B in revenue.
