Federation des caisses Desjardins du Quebec Acquires 10,457 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Federation des caisses Desjardins du Quebec increased its stake in Norwegian Cruise Line Holdings Ltd. by 11.9%, now holding 98,649 shares valued at approximately $1.87 million.
• Norwegian Cruise Line missed earnings estimates in its last report, posting $0.51 earnings per share against a consensus of $0.52, and revenue of $2.52 billion, which was below the estimated $2.55 billion.
• The company has received various analyst upgrades, with price targets raised by firms such as Tigress Financial and Barclays, indicating a consensus rating of "Moderate Buy" with an average price target of $27.50.

Federation des caisses Desjardins du Quebec increased its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 11.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,649 shares of the company's stock after buying an additional 10,457 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Norwegian Cruise Line were worth $1,871,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. New Age Alpha Advisors LLC acquired a new stake in Norwegian Cruise Line during the 1st quarter valued at $33,000. Versant Capital Management Inc increased its holdings in Norwegian Cruise Line by 147.7% during the 1st quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock valued at $36,000 after purchasing an additional 1,121 shares in the last quarter. Raiffeisen Bank International AG acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $40,000. Bogart Wealth LLC increased its position in Norwegian Cruise Line by 1,012.0% in the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock valued at $42,000 after acquiring an additional 2,024 shares in the last quarter. Finally, LRI Investments LLC acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $47,000. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Trading Up 4.6%

Shares of Norwegian Cruise Line stock traded up $1.18 during trading hours on Thursday, hitting $26.61. The company's stock had a trading volume of 15,202,035 shares, compared to its average volume of 14,402,042. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The stock has a 50 day moving average of $24.05 and a 200 day moving average of $20.55. The company has a market capitalization of $12.02 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 1.15 and a beta of 2.19. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly 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 return on equity of 59.88% and a net margin of 7.52%.The business had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter last year, the company earned $0.40 earnings per share. The firm's revenue 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. Analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on NCLH shares. 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. Citigroup lifted their target price on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Stifel Nicolaus lifted their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a "buy" rating in a research note on Thursday. Mizuho lifted their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Finally, Truist Financial lowered their target price on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research note on Monday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and an average target price of $27.60.

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.