Analysts Set Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Target Price at $25.63

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-one analysts that are covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $25.63.

A number of analysts have recently weighed in on NCLH shares. Northcoast Research initiated coverage on shares of Norwegian Cruise Line in a research report on Friday, April 25th. They issued a "buy" rating and a $21.00 target price on the stock. Truist Financial lowered their price target on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Wells Fargo & Company increased their price objective on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. Susquehanna cut their price target on shares of Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. Finally, Stifel Nicolaus reduced their price target on shares of Norwegian Cruise Line from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Thursday, May 1st.

Institutional Trading of Norwegian Cruise Line

A number of institutional investors have recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Norwegian Cruise Line by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,536,708 shares of the company's stock valued at $29,136,000 after purchasing an additional 92,772 shares in the last quarter. Optimize Financial Inc boosted its holdings in shares of Norwegian Cruise Line by 13.1% in the first quarter. Optimize Financial Inc now owns 33,890 shares of the company's stock worth $643,000 after buying an additional 3,937 shares during the period. Woodline Partners LP increased its holdings in shares of Norwegian Cruise Line by 40.7% in the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company's stock valued at $704,000 after purchasing an additional 10,743 shares during the period. MBB Public Markets I LLC purchased a new stake in shares of Norwegian Cruise Line during the 1st quarter worth about $301,000. Finally, Great Lakes Advisors LLC increased its position in Norwegian Cruise Line by 149.8% during the first quarter. Great Lakes Advisors LLC now owns 584,938 shares of the company's stock worth $11,090,000 after buying an additional 350,811 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Trading Up 4.4%

Shares of NCLH stock traded up $0.76 during trading hours on Friday, reaching $18.08. The company's stock had a trading volume of 16,488,897 shares, compared to its average volume of 12,571,779. The firm's fifty day simple moving average is $17.75 and its 200 day simple moving average is $22.84. Norwegian Cruise Line has a one year low of $14.21 and a one year high of $29.29. The stock has a market capitalization of $8.08 billion, a P/E ratio of 16.59, a P/E/G ratio of 0.24 and a beta of 2.09. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. The company had revenue of $2.13 billion for the quarter, compared to analysts' expectations of $2.15 billion. During the same quarter in the prior year, the firm earned $0.16 EPS. Norwegian Cruise Line's quarterly revenue was down 2.9% compared to the same quarter last year. Equities research analysts expect that Norwegian Cruise Line will post 1.48 EPS for the current 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.