Norwegian Cruise Line (NYSE:NCLH) Earns "Hold (C)" Rating from Weiss Ratings

Key Points

• Norwegian Cruise Line (NCLH) has received a "Hold (C)" rating from Weiss Ratings, indicating a cautious outlook on the stock's performance.
• Analysts' target prices for Norwegian Cruise Line range widely, with UBS raising their target from $23.00 to $27.00, while Citigroup increased theirs from $25.00 to $30.00.
• Norwegian Cruise Line reported a quarterly revenue of $2.52 billion, slightly missing analysts' expectations, but showing a year-over-year revenue increase of 6.1%.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report)'s stock had its "hold (c)" rating reissued by Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

Other equities research analysts also recently issued research reports about the stock. UBS Group raised their price target on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a "neutral" rating in a research report on Tuesday, August 26th. Susquehanna lifted their target price on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. Truist Financial lifted their target price on shares of Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a "buy" rating in a research report on Friday, September 19th. Citigroup lifted their target price on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Finally, Barclays lifted their target price on shares of Norwegian Cruise Line from $25.00 to $31.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat.com, Norwegian Cruise Line has an average rating of "Moderate Buy" and an average target price of $27.80.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH opened at $23.49 on Friday. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a 50 day simple moving average of $24.58 and a two-hundred day simple moving average of $21.57. The company has a market capitalization of $10.61 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 0.75 and a beta of 2.21. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its 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). The business had revenue of $2.52 billion for the quarter, compared to the consensus estimate 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 period in the prior year, the business posted $0.40 EPS. 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 expect that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

Institutional Trading of Norwegian Cruise Line

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Norwegian Cruise Line by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company's stock worth $1,023,092,000 after buying an additional 653,279 shares during the last quarter. State Street Corp raised its position in Norwegian Cruise Line by 3.3% in the 2nd quarter. State Street Corp now owns 16,299,409 shares of the company's stock worth $330,552,000 after purchasing an additional 524,239 shares during the period. Ariel Investments LLC raised its position in Norwegian Cruise Line by 36.2% in the 2nd quarter. Ariel Investments LLC now owns 12,369,377 shares of the company's stock worth $250,851,000 after purchasing an additional 3,288,207 shares during the period. Geode Capital Management LLC raised its position in Norwegian Cruise Line by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 11,636,194 shares of the company's stock worth $235,532,000 after purchasing an additional 370,064 shares during the period. Finally, Invesco Ltd. raised its position in Norwegian Cruise Line by 22.7% in the 1st quarter. Invesco Ltd. now owns 11,477,606 shares of the company's stock worth $217,615,000 after purchasing an additional 2,122,501 shares during the period. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Company 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.

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