Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twenty-one brokerages that are covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $26.63.

NCLH has been the topic of a number of research reports. Northcoast Research assumed coverage on shares of Norwegian Cruise Line in a report on Friday, April 25th. They issued a "buy" rating and a $21.00 target price on the stock. Bank of America dropped their price objective on Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a report on Friday, March 7th. Wells Fargo & Company increased their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Tigress Financial reissued a "strong-buy" rating and set a $36.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Finally, Melius Research raised shares of Norwegian Cruise Line to a "strong-buy" rating in a research note on Monday, April 21st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NCLH. Hopwood Financial Services Inc. acquired a new stake in Norwegian Cruise Line in the fourth quarter valued at approximately $26,000. Kestra Investment Management LLC purchased a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at $27,000. Stonebridge Financial Group LLC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $27,000. Rakuten Securities Inc. grew its stake in Norwegian Cruise Line by 176.0% during the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after buying an additional 739 shares during the last quarter. Finally, R Squared Ltd acquired a new position in Norwegian Cruise Line during the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Stock Performance

NYSE NCLH opened at $17.39 on Wednesday. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line has a twelve month low of $14.21 and a twelve month high of $29.29. The business has a 50-day moving average price of $19.00 and a 200-day moving average price of $23.74. The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 15.95, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27.

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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