19,588 Shares in Norwegian Cruise Line Holdings Ltd. $NCLH Acquired by Sunpointe LLC

Key Points

• Sunpointe LLC has taken a new position in Norwegian Cruise Line Holdings Ltd., acquiring 19,588 shares valued at approximately $397,000 during the second quarter.
• Norwegian Cruise Line reported a Q2 EPS of $0.51, missing analysts' expectations, with revenue of $2.52 billion for the quarter.
• After adjustments, multiple analysts have upgraded their price targets for Norwegian Cruise Line, with Barclays setting a new target of $31.00 and Morgan Stanley raising theirs to $26.00.

Sunpointe LLC purchased a new position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 19,588 shares of the company's stock, valued at approximately $397,000.

A number of other hedge funds have also recently modified their holdings of NCLH. Ariel Investments LLC lifted its position in Norwegian Cruise Line by 126.8% during the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company's stock valued at $172,179,000 after purchasing an additional 5,077,531 shares in the last quarter. 59 North Capital Management LP purchased a new stake in Norwegian Cruise Line in the 1st quarter worth approximately $69,877,000. Voloridge Investment Management LLC lifted its holdings in Norwegian Cruise Line by 3,403.3% during the fourth quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company's stock valued at $86,828,000 after purchasing an additional 3,278,249 shares in the last quarter. Invesco Ltd. boosted its position in shares of Norwegian Cruise Line by 22.7% in the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock worth $217,615,000 after purchasing an additional 2,122,501 shares during the period. Finally, Atreides Management LP purchased a new stake in shares of Norwegian Cruise Line in the first quarter worth $30,781,000. Institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Trading Down 0.6%

NCLH stock traded down $0.16 during midday trading on Friday, reaching $25.25. 14,261,556 shares of the company traded hands, compared to its average volume of 16,392,766. The firm has a market capitalization of $11.41 billion, a price-to-earnings ratio of 17.41, a P/E/G ratio of 1.13 and a beta of 2.19. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The business has a 50 day moving average of $24.58 and a 200-day moving average of $20.67. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, sell-side analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NCLH shares. Tigress Financial boosted their price objective on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a research report on Wednesday, August 27th. Mizuho increased their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company an "outperform" rating in a report on Friday, August 1st. Truist Financial boosted their target price on shares of Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a "buy" rating in a report on Friday. Bank of America raised their target price on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Finally, UBS Group lifted their price target 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. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of "Moderate Buy" and an average price target 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.