Norwegian Cruise Line (NYSE:NCLH) Lowered to Sell Rating by StockNews.com

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Saturday.

Other equities analysts have also recently issued research reports about the company. Susquehanna reduced their target price on Norwegian Cruise Line from $27.00 to $18.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Stifel Nicolaus dropped their price objective on shares of Norwegian Cruise Line from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. The Goldman Sachs Group reduced their target price on Norwegian Cruise Line from $31.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Tigress Financial reaffirmed a "strong-buy" rating and issued a $36.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Finally, Barclays decreased their price target on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus price target of $26.26.

Norwegian Cruise Line Price Performance

NYSE NCLH traded up $0.55 during trading hours on Friday, reaching $17.86. The company's stock had a trading volume of 13,631,382 shares, compared to its average volume of 12,674,593. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. Norwegian Cruise Line has a 1-year low of $14.21 and a 1-year high of $29.29. The company's 50-day moving average is $18.05 and its two-hundred day moving average is $23.41. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of 16.39, a P/E/G ratio of 0.24 and a beta of 2.09.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). The company had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.15 billion. Norwegian Cruise Line had a net margin of 5.87% and a return on equity of 99.31%. Norwegian Cruise Line's revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.16 EPS. On average, equities analysts predict that Norwegian Cruise Line will post 1.48 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. United Capital Financial Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 3.7% during the fourth quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company's stock worth $358,000 after buying an additional 498 shares during the last quarter. Scotia Capital Inc. increased its holdings in shares of Norwegian Cruise Line by 0.5% in the fourth quarter. Scotia Capital Inc. now owns 113,778 shares of the company's stock valued at $2,928,000 after purchasing an additional 540 shares during the period. Quadrant Capital Group LLC raised its stake in shares of Norwegian Cruise Line by 35.0% during the fourth quarter. Quadrant Capital Group LLC now owns 2,524 shares of the company's stock worth $65,000 after purchasing an additional 654 shares during the last quarter. Burns Matteson Capital Management LLC lifted its holdings in shares of Norwegian Cruise Line by 4.0% during the first quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company's stock worth $334,000 after purchasing an additional 677 shares during the period. Finally, Rakuten Securities Inc. grew its position in Norwegian Cruise Line by 176.0% in the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock valued at $30,000 after buying an additional 739 shares during the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.

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.