TD Cowen Issues Pessimistic Forecast for Norwegian Cruise Line (NYSE:NCLH) Stock Price

Key Points

• TD Cowen lowered Norwegian Cruise Line’s price target from $24 to $20 while maintaining a “buy” rating, implying 27.1% upside from the prior close.
• Analyst sentiment is mixed, with a consensus “hold” rating and an average price target of $20 based on one strong buy, six buys and 16 holds.
• NCLH shares traded around $15.74, while the company reported quarterly EPS of $0.48, exceeding estimates of $0.41; however, its high debt-to-equity ratio of 5.40 highlights financial leverage concerns.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) had its target price dropped by analysts at TD Cowen from $24.00 to $20.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. TD Cowen's price objective would indicate a potential upside of 27.10% from the company's previous close.

NCLH has been the topic of several other reports. UBS Group raised their price target on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 18th. BMO Capital Markets started coverage on shares of Norwegian Cruise Line in a research report on Tuesday, July 7th. They set a "market perform" rating and a $21.00 price objective for the company. Barclays reduced their target price on shares of Norwegian Cruise Line from $19.00 to $18.00 and set an "equal weight" rating for the company in a research note on Friday, July 31st. Citigroup decreased their target price on Norwegian Cruise Line from $22.00 to $19.00 and set a "buy" rating on the stock in a research report on Friday, October 2nd. Finally, Stifel Nicolaus decreased their target price on Norwegian Cruise Line from $26.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $20.00.

Norwegian Cruise Line Stock Performance

Shares of NCLH stock traded up $0.50 during trading hours on Tuesday, reaching $15.74. 2,020,087 shares of the company's stock were exchanged, compared to its average volume of 19,961,445. Norwegian Cruise Line has a fifty-two week low of $13.63 and a fifty-two week high of $25.13. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 5.40. The stock has a market capitalization of $7.22 billion, a P/E ratio of 9.82, a P/E/G ratio of 0.86 and a beta of 1.95. The business has a fifty day moving average price of $15.73 and a 200-day moving average price of $17.82.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. Norwegian Cruise Line's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company posted $0.51 earnings per share. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. Analysts predict that Norwegian Cruise Line will post 1.37 EPS for the current fiscal year.

Institutional Investors Weigh In On Norwegian Cruise Line

Several institutional investors and hedge funds have recently bought and sold shares of NCLH. Jeppson Wealth Management LLC acquired a new position in shares of Norwegian Cruise Line in the 3rd quarter valued at $256,000. Burns Matteson Capital Management LLC acquired a new stake in shares of Norwegian Cruise Line during the 3rd quarter valued at about $425,000. Vontobel Holding Ltd. boosted its position in shares of Norwegian Cruise Line by 27.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 53,636 shares of the company's stock valued at $786,000 after acquiring an additional 11,712 shares in the last quarter. Pension & Wealth Management Advisors Inc. bought a new stake in Norwegian Cruise Line in the third quarter valued at about $48,000. Finally, Daytona Street Capital LLC bought a new stake in Norwegian Cruise Line in the third quarter valued at about $225,000. Institutional investors own 69.58% of the company's stock.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its operating brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company provides cruise vacations to destinations worldwide, including Europe, the Caribbean, Alaska, Asia, South America, Australia and New Zealand.

Norwegian Cruise Line offers contemporary cruises with flexible dining, entertainment and onboard activities. Oceania Cruises focuses on destination-oriented, upscale travel and culinary experiences, while Regent Seven Seas Cruises provides an all-inclusive luxury cruise experience.

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