Sunpointe LLC Acquires New Position in Norwegian Cruise Line Holdings Ltd. $NCLH

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 stake in shares of 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 & Exchange Commission. The firm purchased 19,588 shares of the company's stock, valued at approximately $397,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Norwegian Cruise Line by 1.2% during the first quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company's stock valued at $1,023,092,000 after purchasing an additional 653,279 shares in the last quarter. Invesco Ltd. lifted its holdings in Norwegian Cruise Line by 22.7% during the first quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock valued at $217,615,000 after purchasing an additional 2,122,501 shares in the last quarter. Ariel Investments LLC lifted its holdings 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. Northern Trust Corp lifted its holdings in Norwegian Cruise Line by 2.6% during the first quarter. Northern Trust Corp now owns 4,272,790 shares of the company's stock valued at $81,012,000 after purchasing an additional 109,396 shares in the last quarter. Finally, Greenhouse Funds LLLP lifted its holdings in Norwegian Cruise Line by 22.2% during the first quarter. Greenhouse Funds LLLP now owns 4,100,848 shares of the company's stock valued at $77,752,000 after purchasing an additional 744,558 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company's stock.

Norwegian Cruise Line Trading Down 0.6%

Shares of NCLH traded down $0.16 during trading on Friday, reaching $25.25. 14,261,556 shares of the company traded hands, compared to its average volume of 16,392,766. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The stock has a market cap of $11.41 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 1.12 and a beta of 2.19. The stock has a 50-day simple moving average of $24.58 and a 200-day simple moving average of $20.66. 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 announced its quarterly 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 net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the prior year, the business earned $0.40 earnings per share. Norwegian Cruise Line'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. On average, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NCLH. Jefferies Financial Group increased 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. Zacks Research raised shares of Norwegian Cruise Line from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 16th. UBS Group increased their price objective 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. 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. Finally, Wall Street Zen raised shares of Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research note on Friday, July 18th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.80.

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.