Weekly Research Analysts’ Ratings Changes for Norwegian Cruise Line (NCLH)

A number of firms have modified their ratings and price targets on shares of Norwegian Cruise Line (NYSE: NCLH) recently:

• 11/7/2024 – Norwegian Cruise Line had its price target raised by analysts at UBS Group AG from $19.00 to $29.00. They now have a “neutral” rating on the stock.
• 11/7/2024 – Norwegian Cruise Line was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 11/4/2024 – Norwegian Cruise Line was upgraded by analysts at Argus from a “hold” rating to a “buy” rating.
• 11/1/2024 – Norwegian Cruise Line had its price target raised by analysts at Mizuho from $26.00 to $28.00. They now have an “outperform” rating on the stock.
• 11/1/2024 – Norwegian Cruise Line had its price target raised by analysts at Macquarie from $24.00 to $30.00. They now have an “outperform” rating on the stock.
• 11/1/2024 – Norwegian Cruise Line had its price target raised by analysts at The Goldman Sachs Group, Inc. from $24.00 to $29.00. They now have a “neutral” rating on the stock.
• 11/1/2024 – Norwegian Cruise Line had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $21.00 to $24.00. They now have a “hold” rating on the stock.
• 11/1/2024 – Norwegian Cruise Line had its price target raised by analysts at Barclays PLC from $26.00 to $28.00. They now have an “equal weight” rating on the stock.
• 11/1/2024 – Norwegian Cruise Line had its price target raised by analysts at Wells Fargo & Company from $21.00 to $27.00. They now have an “equal weight” rating on the stock.
• 10/30/2024 – Norwegian Cruise Line had its price target raised by analysts at Morgan Stanley from $17.50 to $19.00. They now have an “underweight” rating on the stock.
• 10/30/2024 – Norwegian Cruise Line was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 10/22/2024 – Norwegian Cruise Line had its price target raised by analysts at Barclays PLC from $21.00 to $26.00. They now have an “equal weight” rating on the stock.
• 10/20/2024 – Norwegian Cruise Line was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 10/14/2024 – Norwegian Cruise Line was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 10/9/2024 – Norwegian Cruise Line was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $30.00 price target on the stock, up previously from $20.00.
• 10/8/2024 – Norwegian Cruise Line was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 10/4/2024 – Norwegian Cruise Line had its price target raised by analysts at Stifel Nicolaus from $27.00 to $29.00. They now have a “buy” rating on the stock.
• 10/2/2024 – Norwegian Cruise Line was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 9/26/2024 – Norwegian Cruise Line was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 9/26/2024 – Norwegian Cruise Line had its price target raised by analysts at Truist Financial Co. from $21.00 to $25.00. They now have a “buy” rating on the stock.
• 9/16/2024 – Norwegian Cruise Line was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 9/16/2024 – Norwegian Cruise Line had its price target raised by analysts at JPMorgan Chase & Co. from $23.00 to $25.00. They now have a “neutral” rating on the stock.
• 9/10/2024 – Norwegian Cruise Line was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

Norwegian Cruise Line Stock Up 1.2 %

Norwegian Cruise Line stock traded up $0.33 during trading hours on Friday, hitting $27.38. The stock had a trading volume of 7,501,300 shares, compared to its average volume of 12,900,020. The stock’s 50-day moving average price is $21.55 and its 200-day moving average price is $18.83. The stock has a market capitalization of $12.04 billion, a P/E ratio of 25.12, a price-to-earnings-growth ratio of 0.26 and a beta of 2.67. Norwegian Cruise Line Holdings Ltd. has a 12-month low of $12.70 and a 12-month high of $27.93. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.05. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period in the prior year, the firm posted $0.71 EPS. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. Equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.64 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Norwegian Cruise Line by 0.7% during the first quarter. Vanguard Group Inc. now owns 49,539,911 shares of the company’s stock valued at $1,036,870,000 after buying an additional 324,287 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Norwegian Cruise Line by 120.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 22,498,217 shares of the company’s stock valued at $470,889,000 after purchasing an additional 12,313,426 shares in the last quarter. Capital International Investors increased its position in Norwegian Cruise Line by 0.5% in the first quarter. Capital International Investors now owns 20,216,746 shares of the company’s stock worth $423,136,000 after buying an additional 102,948 shares in the last quarter. Baillie Gifford & Co. bought a new stake in Norwegian Cruise Line during the 3rd quarter worth approximately $179,146,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Norwegian Cruise Line by 32.9% in the second quarter. Dimensional Fund Advisors LP now owns 4,568,122 shares of the company’s stock worth $85,835,000 after purchasing an additional 1,129,770 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

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.