International Assets Investment Management LLC Boosts Stock Position in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• International Assets Investment Management LLC increased its shares in Norwegian Cruise Line Holdings Ltd. by 45.2% in the second quarter, now owning 91,226 shares valued at approximately $1.85 million.
• Norwegian Cruise Line reported an EPS of $0.51 for the last quarter, slightly missing the analysts' estimates, while revenue increased by 6.1% year-over-year.
• Multiple analysts have raised their price targets for Norwegian Cruise Line, with the average target now at $27.80, reflecting a consensus rating of "Moderate Buy."

International Assets Investment Management LLC grew its position in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 45.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 91,226 shares of the company's stock after purchasing an additional 28,418 shares during the quarter. International Assets Investment Management LLC's holdings in Norwegian Cruise Line were worth $1,850,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Norwegian Cruise Line during the second quarter worth about $805,000. Signature Estate & Investment Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 14.3% during the second quarter. Signature Estate & Investment Advisors LLC now owns 20,407 shares of the company's stock worth $414,000 after purchasing an additional 2,555 shares during the last quarter. Chevy Chase Trust Holdings LLC grew its holdings in shares of Norwegian Cruise Line by 2.3% during the second quarter. Chevy Chase Trust Holdings LLC now owns 236,102 shares of the company's stock worth $4,788,000 after purchasing an additional 5,397 shares during the last quarter. Applied Finance Capital Management LLC purchased a new position in shares of Norwegian Cruise Line during the second quarter worth about $238,000. Finally, Omnia Family Wealth LLC grew its holdings in shares of Norwegian Cruise Line by 3.9% during the second quarter. Omnia Family Wealth LLC now owns 15,410 shares of the company's stock worth $313,000 after purchasing an additional 583 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $22.94 on Monday. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. The company has a market cap of $10.37 billion, a P/E ratio of 15.82, a PEG ratio of 1.00 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29. The company has a 50-day moving average price of $24.65 and a 200 day moving average price of $21.33.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $2.55 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. Norwegian Cruise Line's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous 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. Research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on NCLH shares. Morgan Stanley raised their price objective on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an "equal weight" rating in a report on Monday, August 4th. Truist Financial increased their target price on shares of Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a "buy" rating in a research note on Friday, September 19th. Mizuho increased their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Susquehanna increased their target price on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Finally, Tigress Financial increased their target price on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a "strong-buy" rating in a research note on Wednesday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $27.80.

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.

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