Norwegian Cruise Line (NYSE:NCLH) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Key Points

• Stifel Nicolaus has raised its price target for Norwegian Cruise Line stock from $35.00 to $37.00, indicating a potential upside of 40.90% from its previous close.
• The stock has received a mix of ratings from various brokerages, with twelve analysts issuing a "Buy" rating, resulting in an average target price of $27.60.
• Norwegian Cruise Line recently reported a 6.1% year-over-year increase in revenue, although its earnings per share missed analysts' estimates by one cent.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) had its price target hoisted by Stifel Nicolaus from $35.00 to $37.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Stifel Nicolaus' price objective points to a potential upside of 40.90% from the company's previous close.

Several other brokerages have also recently issued reports on NCLH. Truist Financial decreased their price objective on Norwegian Cruise Line from $35.00 to $27.00 and set a "buy" rating for the company in a research note on Monday, May 19th. TD Cowen started coverage on Norwegian Cruise Line in a research note on Tuesday, July 22nd. They issued a "buy" rating and a $31.00 target price for the company. Wall Street Zen raised Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Friday, July 18th. Morgan Stanley raised their price target on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an "equal weight" rating in a report on Monday, August 4th. Finally, Jefferies Financial Group lifted their price target on Norwegian Cruise Line from $24.00 to $29.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $27.60.

Norwegian Cruise Line Trading Up 3.3%

Shares of NYSE:NCLH traded up $0.83 during midday trading on Thursday, reaching $26.26. 3,019,724 shares of the company's stock were exchanged, compared to its average volume of 14,337,778. The firm's 50 day simple moving average is $24.05 and its two-hundred day simple moving average is $20.55. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The stock has a market cap of $11.87 billion, a price-to-earnings ratio of 18.12, a P/E/G ratio of 1.15 and a beta of 2.19. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, sell-side analysts forecast that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in shares of Norwegian Cruise Line by 2.3% during the second quarter. EverSource Wealth Advisors LLC now owns 21,908 shares of the company's stock valued at $444,000 after purchasing an additional 493 shares during the period. AdvisorShares Investments LLC lifted its stake in shares of Norwegian Cruise Line by 12.0% during the 2nd quarter. AdvisorShares Investments LLC now owns 5,377 shares of the company's stock valued at $109,000 after buying an additional 577 shares in the last quarter. Omnia Family Wealth LLC increased its holdings in shares of Norwegian Cruise Line by 3.9% in the second quarter. Omnia Family Wealth LLC now owns 15,410 shares of the company's stock worth $313,000 after purchasing an additional 583 shares during the period. Brooklyn Investment Group increased its stake in Norwegian Cruise Line by 22.0% in the first quarter. Brooklyn Investment Group now owns 3,394 shares of the company's stock valued at $64,000 after acquiring an additional 613 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in Norwegian Cruise Line by 23.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,368 shares of the company's stock valued at $68,000 after buying an additional 632 shares during the period. 69.58% of the stock is 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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