Greenhouse Funds LLLP Raises Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Greenhouse Funds LLLP increased its stake in Norwegian Cruise Line Holdings Ltd. by 22.2%, owning approximately 4.1 million shares valued at $77.8 million, making it the 12th largest holding in the fund.
• Analysts' ratings for Norwegian Cruise Line show a consensus of "Moderate Buy" with a price target of $27.50, indicating potential growth after recent upgrades from several brokerages.
• The company reported a missed earnings expectation for Q2, with an EPS of $0.51 against a consensus of $0.52, while their revenue was $2.52 billion, slightly below expectations.

Greenhouse Funds LLLP boosted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 22.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 4,100,848 shares of the company's stock after buying an additional 744,558 shares during the period. Norwegian Cruise Line makes up approximately 3.6% of Greenhouse Funds LLLP's holdings, making the stock its 12th largest holding. Greenhouse Funds LLLP owned approximately 0.92% of Norwegian Cruise Line worth $77,752,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Raiffeisen Bank International AG bought a new position in Norwegian Cruise Line during the 4th quarter worth about $40,000. New Age Alpha Advisors LLC purchased a new position in shares of Norwegian Cruise Line in the first quarter worth about $33,000. LRI Investments LLC purchased a new position in Norwegian Cruise Line during the fourth quarter valued at approximately $47,000. Versant Capital Management Inc raised 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 valued at $36,000 after acquiring an additional 1,121 shares in the last quarter. Finally, Bogart Wealth LLC increased its position in shares of Norwegian Cruise Line by 1,012.0% in the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock valued at $42,000 after buying an additional 2,024 shares in the last quarter. Institutional investors own 69.58% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NCLH. Mizuho lifted their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Bank of America boosted their price objective on Norwegian Cruise Line from $20.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Macquarie cut their price objective on Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. Stifel Nicolaus upped their price target on Norwegian Cruise Line from $26.00 to $35.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, Susquehanna upped their price objective on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus price target of $27.50.

Norwegian Cruise Line Stock Performance

Shares of NYSE:NCLH opened at $25.33 on Thursday. 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 Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The firm has a market capitalization of $11.45 billion, a PE ratio of 17.47, a P/E/G ratio of 1.13 and a beta of 2.19. The business has a 50-day moving average of $23.57 and a two-hundred day moving average of $20.57.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $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. As a group, research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Norwegian Cruise Line 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.

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