Norwegian Cruise Line (NYSE:NCLH) Price Target Raised to $31.00 at Truist Financial

Key Points

• Truist Financial has increased its price target for Norwegian Cruise Line stock from $27.00 to $31.00, indicating a potential upside of 24.10% from its current price.
• Multiple analysts have raised their price targets for Norwegian Cruise Line, with Mizuho setting it at $29.00 and Jefferies Financial Group at $29.00, both assigning "outperform" and "buy" ratings, respectively.
• Norwegian Cruise Line's recent quarterly earnings showed a revenue of $2.52 billion and an EPS of $0.51, missing analysts' estimates but representing a year-over-year revenue growth of 6.1%.

Norwegian Cruise Line (NYSE:NCLH - Free Report) had its price target boosted by Truist Financial from $27.00 to $31.00 in a research note released on Friday, Marketbeat.com reports. Truist Financial currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. UBS Group lifted their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 26th. Citigroup raised their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Morgan Stanley increased their price objective on Norwegian Cruise Line from $24.00 to $26.00 and gave the company an "equal weight" rating in a report on Monday, August 4th. Tigress Financial upped their price target on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a "strong-buy" rating in a report on Wednesday, August 27th. Finally, Zacks Research upgraded shares of Norwegian Cruise Line from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, September 16th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, Norwegian Cruise Line presently has an average rating of "Moderate Buy" and a consensus price target of $27.80.

Norwegian Cruise Line Stock Up 1.4%

NCLH stock traded up $0.36 during mid-day trading on Friday, reaching $25.75. The company had a trading volume of 4,191,555 shares, compared to its average volume of 14,394,672. The firm has a fifty day simple moving average of $24.63 and a 200 day simple moving average of $20.71. 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 has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a market capitalization of $11.64 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 1.12 and a beta of 2.19.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last released 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). Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The firm had revenue of $2.52 billion for the quarter, compared to analysts' expectations of $2.55 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The firm's quarterly revenue was up 6.1% on a year-over-year basis. 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 forecast that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Norwegian Cruise Line

Institutional investors have recently bought and sold shares of the company. MUFG Securities EMEA plc acquired a new position in Norwegian Cruise Line in the 2nd quarter valued at $26,000. Sentry Investment Management LLC acquired a new stake in Norwegian Cruise Line in the second quarter valued at about $31,000. New Age Alpha Advisors LLC acquired a new stake in Norwegian Cruise Line in the first quarter valued at about $33,000. Versant Capital Management Inc lifted its position in Norwegian Cruise Line by 147.7% in the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company's stock valued at $36,000 after purchasing an additional 1,121 shares during the period. Finally, Laurel Wealth Advisors LLC increased its position in Norwegian Cruise Line by 1,928.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company's stock worth $41,000 after purchasing an additional 1,928 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

About Norwegian Cruise Line

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.