Maverick Capital Ltd. Grows Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Maverick Capital Ltd. significantly increased its stake in Norwegian Cruise Line Holdings Ltd. by 181.0% in the first quarter, bringing their total ownership to approximately 287,337 shares valued at about $5.4 million.
• Research analysts have mixed ratings for Norwegian Cruise Line, with price targets ranging from $24.00 to $31.00, indicating a general consensus of a Moderate Buy rating for the stock.
• Norwegian Cruise Line reported a quarterly revenue of $2.52 billion, which slightly missed projections, while their earnings per share for the quarter were $0.51, falling short of the consensus estimate.

Maverick Capital Ltd. increased its stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) by 181.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 287,337 shares of the company's stock after purchasing an additional 185,067 shares during the quarter. Maverick Capital Ltd. owned 0.06% of Norwegian Cruise Line worth $5,448,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NCLH. New Age Alpha Advisors LLC purchased a new stake in Norwegian Cruise Line in the first quarter worth approximately $33,000. Versant Capital Management Inc boosted its stake in shares of Norwegian Cruise Line by 147.7% during the 1st quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock worth $36,000 after acquiring an additional 1,121 shares during the last quarter. Raiffeisen Bank International AG purchased a new position in shares of Norwegian Cruise Line during the 4th quarter worth $40,000. Bogart Wealth LLC boosted its stake in shares of Norwegian Cruise Line by 1,012.0% during the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company's stock worth $42,000 after acquiring an additional 2,024 shares during the last quarter. Finally, LRI Investments LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter worth $47,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on NCLH. Stifel Nicolaus lifted their price target on shares of Norwegian Cruise Line from $26.00 to $35.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Mizuho lifted their price target 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. Macquarie dropped their price target on shares of Norwegian Cruise Line from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. UBS Group lifted their price target 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. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $27.50.

Norwegian Cruise Line Trading Up 1.0%

NCLH traded up $0.27 during trading on Thursday, reaching $25.61. The company had a trading volume of 16,210,671 shares, compared to its average volume of 14,117,339. The stock has a market cap of $11.57 billion, a P/E ratio of 17.66, a PEG ratio of 1.13 and a beta of 2.19. The business has a 50 day simple moving average of $23.57 and a 200-day simple moving average of $20.57. 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 quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate 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 net margin of 7.52% and a return on equity of 59.88%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.40 earnings per share. 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 anticipate 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.