Norwegian Cruise Line (NYSE:NCLH) Stock Price Down 5% on Analyst Downgrade
by Doug Wharley · The Cerbat GemShares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Get Free Report) dropped 5% during trading on Monday after Stifel Nicolaus lowered their price target on the stock from $28.00 to $27.00. Stifel Nicolaus currently has a buy rating on the stock. Norwegian Cruise Line traded as low as $19.61 and last traded at $19.9460. Approximately 5,606,885 shares changed hands during trading, a decline of 74% from the average daily volume of 21,690,969 shares. The stock had previously closed at $20.99.
Other research analysts have also issued research reports about the company. Mizuho decreased their target price on Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Truist Financial reduced their price target on Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday, March 24th. Susquehanna reduced their price target on Norwegian Cruise Line from $21.00 to $20.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Thursday, January 22nd. Finally, Citigroup upped their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $24.58.
Check Out Our Latest Stock Report on Norwegian Cruise Line
Hedge Funds Weigh In On Norwegian Cruise Line
Institutional investors have recently bought and sold shares of the stock. SHP Wealth Management purchased a new position in Norwegian Cruise Line during the fourth quarter valued at $26,000. MUFG Securities EMEA plc purchased a new position in shares of Norwegian Cruise Line in the second quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at $31,000. Clearstead Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after purchasing an additional 909 shares in the last quarter. Finally, Aventura Private Wealth LLC purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at $42,000. 69.58% of the stock is owned by hedge funds and other institutional investors.
Norwegian Cruise Line Stock Performance
The business’s fifty day moving average is $21.01 and its two-hundred day moving average is $21.31. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 6.21. The stock has a market capitalization of $9.09 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 0.59 and a beta of 2.11.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its earnings results on Monday, March 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 earnings per share. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. As a group, research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.
Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.
Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.