Norwegian Cruise Line Holdings Ltd. $NCLH is Benchstone Capital Management LP's 8th Largest Position

Key Points

• Benchstone Capital Management LP increased its stake in Norwegian Cruise Line by 22.2% in the first quarter, acquiring an additional 362,861 shares to lift its total ownership to over 2 million shares.
• Research analysts have raised their price targets for Norwegian Cruise Line, with a consensus average of $27.50 and recommendations ranging from "Buy" to "Strong Buy."
• Norwegian Cruise Line reported earnings of $0.51 per share, which was short of the analyst estimate of $0.52, alongside a revenue of $2.52 billion for the quarter.

Benchstone Capital Management LP grew its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 22.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 2,000,570 shares of the company's stock after acquiring an additional 362,861 shares during the period. Norwegian Cruise Line comprises about 4.0% of Benchstone Capital Management LP's holdings, making the stock its 8th largest holding. Benchstone Capital Management LP owned about 0.45% of Norwegian Cruise Line worth $37,931,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in NCLH. Two Sigma Advisers LP grew its stake in shares of Norwegian Cruise Line by 99.0% in the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company's stock worth $197,843,000 after buying an additional 3,824,600 shares during the last quarter. Voloridge Investment Management LLC lifted its holdings in shares of Norwegian Cruise Line by 3,403.3% during the 4th quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after buying an additional 3,278,249 shares during the period. Invesco Ltd. lifted its holdings in shares of Norwegian Cruise Line by 22.7% during the 1st quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock valued at $217,615,000 after buying an additional 2,122,501 shares during the period. Nuveen LLC purchased a new stake in shares of Norwegian Cruise Line in the 1st quarter worth $18,427,000. Finally, Driehaus Capital Management LLC purchased a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $19,677,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NCLH shares. Wall Street Zen upgraded Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research note on Friday, July 18th. TD Cowen assumed coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They issued a "buy" rating and a $31.00 price target for the company. UBS Group raised their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 26th. Bank of America lifted their price target on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Finally, Barclays lifted their price target on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Two 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 stock. According to MarketBeat, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and an average target price of $27.50.

Norwegian Cruise Line Stock Performance

NYSE NCLH traded up $0.61 on Wednesday, reaching $25.33. 16,676,785 shares of the company's stock traded hands, compared to its average volume of 11,940,376. The stock has a 50 day moving average price of $23.44 and a 200-day moving average price of $20.54. The firm has a market cap of $11.45 billion, a price-to-earnings ratio of 15.06, a P/E/G ratio of 1.13 and a beta of 2.19. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

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

Norwegian Cruise Line Company Profile

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.