Brokerages Set Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) PT at $20.87

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Get Free Report) has received an average rating of "Hold" from the fourteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $20.87.

NCLH has been the topic of a number of research reports. Mizuho began coverage on shares of Norwegian Cruise Line in a research report on Tuesday, March 26th. They issued a "neutral" rating and a $21.00 price objective on the stock. Stifel Nicolaus reaffirmed a "buy" rating and set a $25.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, April 9th. Citigroup dropped their price target on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a "neutral" rating on the stock in a research report on Monday, February 12th. Truist Financial upped their price target on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a "hold" rating in a research report on Friday, March 1st. Finally, The Goldman Sachs Group began coverage on shares of Norwegian Cruise Line in a research report on Wednesday, March 13th. They set a "neutral" rating and a $19.00 price target on the stock.

Norwegian Cruise Line Stock Up 0.7 %

Shares of NCLH stock traded up $0.12 during trading on Friday, reaching $18.29. The company's stock had a trading volume of 10,613,099 shares, compared to its average volume of 10,730,688. The business has a fifty day moving average price of $18.74 and a 200-day moving average price of $17.32. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94. The company has a market cap of $7.79 billion, a price-to-earnings ratio of 65.32, a price-to-earnings-growth ratio of 0.38 and a beta of 2.60. Norwegian Cruise Line has a one year low of $12.41 and a one year high of $22.75.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.05). The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.99 billion. Norwegian Cruise Line had a return on equity of 108.69% and a net margin of 1.94%. During the same period in the prior year, the firm earned ($1.10) EPS. Analysts anticipate that Norwegian Cruise Line will post 1 earnings per share for the current year.

Hedge Funds Weigh In On Norwegian Cruise Line

Several institutional investors and hedge funds have recently modified their holdings of the business. Capital Research Global Investors grew its stake in shares of Norwegian Cruise Line by 87.8% in the fourth quarter. Capital Research Global Investors now owns 57,049,928 shares of the company's stock valued at $1,143,285,000 after acquiring an additional 26,676,150 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Norwegian Cruise Line by 2.1% in the third quarter. Vanguard Group Inc. now owns 49,697,071 shares of the company's stock valued at $819,008,000 after acquiring an additional 1,031,053 shares in the last quarter. BlackRock Inc. grew its stake in Norwegian Cruise Line by 0.3% during the first quarter. BlackRock Inc. now owns 23,716,207 shares of the company's stock worth $318,983,000 after buying an additional 77,389 shares in the last quarter. Capital International Investors grew its stake in Norwegian Cruise Line by 15.7% during the first quarter. Capital International Investors now owns 21,242,007 shares of the company's stock worth $464,775,000 after buying an additional 2,875,079 shares in the last quarter. Finally, State Street Corp grew its stake in Norwegian Cruise Line by 4.3% during the second quarter. State Street Corp now owns 14,087,436 shares of the company's stock worth $306,683,000 after buying an additional 583,581 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

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.