Spectrum Strategic Capital Management LLC Buys New Shares in Norwegian Cruise Line Holdings Ltd. $NCLH

Key Points

• Spectrum Strategic Capital Management LLC has acquired a new stake in Norwegian Cruise Line Holdings Ltd. during the second quarter, purchasing 124,435 shares valued at approximately $2.52 million, making it the 17th largest position in their portfolio.
• Norwegian Cruise Line recently reported earnings, missing analysts' estimates with $0.51 earnings per share for the quarter and revenue of $2.52 billion, which was slightly below expectations.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Norwegian Cruise Line, with recent target price revisions ranging from $23.00 to $38.00 by various firms, indicating positive future growth prospects.

Spectrum Strategic Capital Management LLC bought a new stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 124,435 shares of the company's stock, valued at approximately $2,524,000. Norwegian Cruise Line accounts for 1.3% of Spectrum Strategic Capital Management LLC's holdings, making the stock its 17th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new position in Norwegian Cruise Line in the first quarter valued at $1,645,000. New Wave Wealth Advisors LLC lifted its holdings in Norwegian Cruise Line by 5,467.9% in the first quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company's stock valued at $348,000 after buying an additional 18,044 shares during the period. Emerald Advisers LLC lifted its holdings in Norwegian Cruise Line by 251.7% in the first quarter. Emerald Advisers LLC now owns 63,670 shares of the company's stock valued at $1,207,000 after buying an additional 45,569 shares during the period. CHICAGO TRUST Co NA acquired a new position in Norwegian Cruise Line in the first quarter valued at $463,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Norwegian Cruise Line by 46.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 255,726 shares of the company's stock valued at $4,874,000 after buying an additional 81,691 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH opened at $24.76 on Tuesday. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. Norwegian Cruise Line Holdings Ltd. has a 1-year low of $14.21 and a 1-year high of $29.29. The firm has a market capitalization of $11.19 billion, a P/E ratio of 17.08, a P/E/G ratio of 1.12 and a beta of 2.19. The firm's 50-day moving average price is $24.82 and its 200-day moving average price is $20.93.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last posted its earnings results 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). 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 analyst estimates of $2.55 billion. During the same quarter in the prior year, the company earned $0.40 EPS. The company's revenue was up 6.1% on a year-over-year basis. 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 anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NCLH. UBS Group boosted their target price on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a "neutral" rating in a report on Tuesday, August 26th. Tigress Financial upped their price objective on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a report on Wednesday, August 27th. Zacks Research upgraded shares of Norwegian Cruise Line from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 16th. Morgan Stanley upped their price objective on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the company an "equal weight" rating in a report on Monday, August 4th. Finally, Jefferies Financial Group upped their price objective on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a report on Monday, July 7th. Three 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 stock. According to data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.80.

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.

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