Norwegian Cruise Line (NYSE:NCLH) Price Target Raised to $37.00

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 - Free Report) had its price target raised by Stifel Nicolaus from $35.00 to $37.00 in a report published on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group lifted their price objective on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Bank of America upped their price target on Norwegian Cruise Line from $20.00 to $27.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Morgan Stanley increased their price objective on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Monday, August 4th. Argus reaffirmed a "hold" rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. Finally, Truist Financial reduced their price target on shares of 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. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $27.60.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH traded down $0.84 on Thursday, reaching $25.18. 6,839,613 shares of the company traded hands, compared to its average volume of 14,412,826. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The stock has a market capitalization of $11.38 billion, a PE ratio of 17.35, a P/E/G ratio of 1.20 and a beta of 2.19. 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 company's 50 day moving average is $24.34 and its 200-day moving average is $20.55.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its quarterly 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 company had revenue of $2.52 billion during the quarter, compared to analysts' expectations of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The company's revenue for the quarter was up 6.1% compared to the same quarter last year. 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. As a group, analysts anticipate that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Institutional Trading of Norwegian Cruise Line

Several large investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC bought a new stake in Norwegian Cruise Line in the first quarter worth $1,645,000. New Wave Wealth Advisors LLC lifted its position in shares of Norwegian Cruise Line by 5,467.9% in the first quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company's stock worth $348,000 after buying an additional 18,044 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Norwegian Cruise Line by 211.1% during the 4th quarter. Wellington Management Group LLP now owns 831,820 shares of the company's stock worth $21,403,000 after acquiring an additional 564,423 shares in the last quarter. Emerald Advisers LLC increased its holdings in shares of Norwegian Cruise Line by 251.7% during the 1st quarter. Emerald Advisers LLC now owns 63,670 shares of the company's stock valued at $1,207,000 after acquiring an additional 45,569 shares during the last quarter. Finally, CHICAGO TRUST Co NA bought a new position in shares of Norwegian Cruise Line in the 1st quarter valued at approximately $463,000. 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.