Norwegian Cruise Line (NYSE:NCLH) Stock Rating Reaffirmed by Stifel Nicolaus

Stifel Nicolaus restated their buy rating on shares of Norwegian Cruise Line (NYSE:NCLH – Free Report) in a research note published on Tuesday, Benzinga reports. They currently have a $25.00 price target on the stock.

NCLH has been the subject of a number of other research reports. Truist Financial upped their price target on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a hold rating in a report on Friday, March 1st. Barclays upped their price target on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the stock an equal weight rating in a report on Wednesday, February 28th. Mizuho started coverage on shares of Norwegian Cruise Line in a report on Tuesday, March 26th. They set a neutral rating and a $21.00 price target for the company. Citigroup cut their price target on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a neutral rating for the company in a report on Monday, February 12th. Finally, Morgan Stanley upped their price target on shares of Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an underweight rating in a report on Tuesday, March 5th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of Hold and a consensus target price of $20.87.

View Our Latest Stock Analysis on NCLH

Norwegian Cruise Line Stock Up 0.1 %

Norwegian Cruise Line stock opened at $19.41 on Tuesday. The firm has a market capitalization of $8.26 billion, a PE ratio of 69.32, a P/E/G ratio of 0.40 and a beta of 2.60. The company’s 50-day moving average is $18.64 and its 200-day moving average is $17.22. Norwegian Cruise Line has a fifty-two week low of $12.41 and a fifty-two week high of $22.75. The company has a debt-to-equity ratio of 40.94, a current ratio of 0.22 and a quick ratio of 0.19.

Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its earnings results on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.05). The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. Norwegian Cruise Line had a return on equity of 108.69% and a net margin of 1.94%. During the same period in the previous year, the firm posted ($1.10) EPS. Sell-side analysts anticipate that Norwegian Cruise Line will post 0.99 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Covestor Ltd increased its position in Norwegian Cruise Line by 5,020.8% during the 1st quarter. Covestor Ltd now owns 1,229 shares of the company’s stock valued at $27,000 after purchasing an additional 1,205 shares during the period. Parkside Financial Bank & Trust increased its position in Norwegian Cruise Line by 272.7% during the 1st quarter. Parkside Financial Bank & Trust now owns 1,856 shares of the company’s stock valued at $40,000 after purchasing an additional 1,358 shares during the period. Stonebridge Capital Advisors LLC increased its position in Norwegian Cruise Line by 46.2% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 1,900 shares of the company’s stock valued at $41,000 after purchasing an additional 600 shares during the period. Householder Group Estate & Retirement Specialist LLC purchased a new position in Norwegian Cruise Line during the 3rd quarter valued at $42,000. Finally, 1832 Asset Management L.P. purchased a new position in Norwegian Cruise Line during the 4th quarter valued at $44,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Company Profile

(Get Free Report)

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.

Further Reading

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