Ashton Thomas Private Wealth LLC Makes New Investment in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Ashton Thomas Private Wealth LLC invested approximately $220,000 in Norwegian Cruise Line Holdings Ltd. by acquiring 11,605 shares in the first quarter.
• Norwegian Cruise Line reported a miss on earnings with $0.51 EPS, falling short of analyst expectations of $0.52, while quarterly revenue was $2.52 billion, below the estimated $2.55 billion.
• Several analysts have upgraded their ratings and price targets for Norwegian Cruise Line, with Mizuho increasing its target from $26.00 to $29.00 and maintaining an "outperform" rating.

Ashton Thomas Private Wealth LLC bought a new position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,605 shares of the company's stock, valued at approximately $220,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raiffeisen Bank International AG bought a new position in Norwegian Cruise Line during the fourth quarter worth about $40,000. New Age Alpha Advisors LLC bought a new position in Norwegian Cruise Line during the first quarter worth about $33,000. Versant Capital Management Inc boosted its position in Norwegian Cruise Line by 147.7% during the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock worth $36,000 after purchasing an additional 1,121 shares during the period. Bogart Wealth LLC boosted its position in Norwegian Cruise Line by 1,012.0% during the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock worth $42,000 after purchasing an additional 2,024 shares during the period. Finally, CENTRAL TRUST Co boosted its position in Norwegian Cruise Line by 2,621.0% during the first quarter. CENTRAL TRUST Co now owns 2,721 shares of the company's stock worth $52,000 after purchasing an additional 2,621 shares during the period. Institutional investors own 69.58% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on NCLH shares. Argus restated a "hold" rating on shares of Norwegian Cruise Line in a research report on Wednesday, June 18th. Jefferies Financial Group raised their price objective on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Stifel Nicolaus raised their price objective on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the company a "buy" rating in a research report on Thursday, September 11th. Susquehanna raised their price objective on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Finally, Barclays raised their price objective on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and an average price target of $27.60.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock traded up $0.06 during mid-day trading on Thursday, hitting $25.44. 13,958,234 shares of the company traded hands, compared to its average volume of 16,357,595. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The stock has a market cap of $11.50 billion, a price-to-earnings ratio of 17.54, a price-to-earnings-growth ratio of 1.13 and a beta of 2.19. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The stock has a fifty day moving average price of $24.53 and a 200-day moving average price of $20.64.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the previous year, the firm earned $0.40 earnings per share. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. On average, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

About Norwegian Cruise Line

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.