Norwegian Cruise Line (NCLH) Set to Announce Earnings on Wednesday

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, May 1st. Analysts expect Norwegian Cruise Line to post earnings of $0.12 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.05). The company had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $1.99 billion. Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. During the same period last year, the business posted ($1.10) earnings per share. On average, analysts expect Norwegian Cruise Line to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Norwegian Cruise Line Price Performance

Shares of NCLH traded down $0.15 on Wednesday, reaching $19.39. The stock had a trading volume of 12,727,646 shares, compared to its average volume of 12,007,456. Norwegian Cruise Line has a twelve month low of $12.41 and a twelve month high of $22.75. The firm has a market capitalization of $8.25 billion, a PE ratio of 69.86, a PEG ratio of 0.39 and a beta of 2.60. The firm has a 50-day moving average of $18.84 and a 200 day moving average of $17.36. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94.

Analyst Ratings Changes

NCLH has been the subject of a number of research analyst reports. The Goldman Sachs Group initiated coverage on Norwegian Cruise Line in a research report on Wednesday, March 13th. They issued a "neutral" rating and a $19.00 price target for the company. Truist Financial boosted their price target on Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a "hold" rating in a report on Friday, March 1st. Citigroup cut their price objective on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a "neutral" rating for the company in a research report on Monday, February 12th. Barclays raised their target price on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 28th. Finally, Morgan Stanley boosted their price target on Norwegian Cruise Line from $14.00 to $15.00 and gave the company an "underweight" rating in a report on Tuesday, March 5th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $20.87.

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.