Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Norwegian Cruise Line Holdings Ltd. has received an average consensus recommendation of "Moderate Buy" from 23 research firms, with a price target of $27.80.
• Institutional investors have increased their positions significantly, with Vanguard Group and Ariel Investments expanding their holdings notably during Q1 and Q2 respectively.
• In its latest earnings report, Norwegian Cruise Line posted an EPS of $0.51, slightly below analyst expectations, while showing a 6.1% increase in revenue year-over-year.

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Get Free Report) have earned an average rating of "Moderate Buy" from the twenty-three research firms that are currently covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and three have issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $27.80.

Several research firms have commented on NCLH. 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. Truist Financial lifted their price objective on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Friday, September 19th. TD Cowen assumed coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They set a "buy" rating and a $31.00 target price on the stock. Susquehanna lifted their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the company a "neutral" rating in a report on Friday, August 1st. Finally, Mizuho upped their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company an "outperform" rating in a research note on Friday, August 1st.

Institutional Investors Weigh In On Norwegian Cruise Line

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Norwegian Cruise Line by 1.2% in 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 during the period. State Street Corp grew its holdings in Norwegian Cruise Line by 3.3% in the second quarter. State Street Corp now owns 16,299,409 shares of the company's stock valued at $330,552,000 after purchasing an additional 524,239 shares during the period. Ariel Investments LLC grew its holdings in Norwegian Cruise Line by 36.2% in the second quarter. Ariel Investments LLC now owns 12,369,377 shares of the company's stock valued at $250,851,000 after purchasing an additional 3,288,207 shares during the period. Geode Capital Management LLC grew its holdings in Norwegian Cruise Line by 3.3% in the second quarter. Geode Capital Management LLC now owns 11,636,194 shares of the company's stock valued at $235,532,000 after purchasing an additional 370,064 shares during the period. Finally, Invesco Ltd. grew its holdings in Norwegian Cruise Line by 22.7% in 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 during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Stock Up 0.3%

NCLH opened at $25.07 on Friday. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The company has a market cap of $11.33 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.11 and a beta of 2.19. Norwegian Cruise Line has a one year low of $14.21 and a one year high of $29.29. The business's fifty day moving average is $24.79 and its two-hundred day moving average is $20.86.

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 (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 analysts' expectations 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 last 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. Analysts anticipate that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

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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