At the time of writing, Norwegian Cruise Line Holdings Ltd [NCLH] stock is trading at $20.18, up 3.81%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NCLH shares have gain 1.56% over the last week, with a monthly amount glided 24.72%, and seem to be holding up well over a long-time horizon.
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On 20, March 2024, Oceania Cruises Appoints Chef Alexis Quaretti and Chef Eric Barale as Executive Culinary Directors. In a post published today on Yahoo Finance, Oceania Cruises, the world’s leading culinary- and destination-focused cruise line, has announced the appointment of its two Master Chefs of France, Chef Alexis Quaretti and Chef Eric Barale, as its two executive culinary directors.
From an analyst’s perspective:
Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] stock has seen the most recent analyst activity on March 13, 2024, when Goldman initiated its Neutral rating and assigned the stock a price target of $19. Previously, Wells Fargo downgraded its rating to Equal Weight on January 05, 2024, and kept the price target unchanged to $18. On September 14, 2023, upgrade upgraded it’s rating to Overweight but maintained its price target of $25 on the stock. Susquehanna downgraded its rating to a Neutral but stick to its price target of $17 on August 02, 2023. Truist downgraded its rating to a Hold and raised its price target to $23 on July 18, 2023. JP Morgan started tracking with a Neutral rating for this stock on April 28, 2023, and assigned it a price target of $15. In a note dated January 10, 2023, Morgan Stanley downgraded an Underweight rating on this stock but restated the target price of $11.50.
For the past year, the stock price of Norwegian Cruise Line Holdings Ltd fluctuated between $12.15 and $22.75. Currently, Wall Street analysts expect the stock to reach $22.77 within the next 12 months. Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] shares were valued at $20.18 at the most recent close of the market. An investor can expect a potential return of 12.83% based on the average NCLH price forecast.
Analyzing the NCLH fundamentals
According to Norwegian Cruise Line Holdings Ltd [NYSE:NCLH], the company’s sales were 8.55B for trailing twelve months, which represents an 30.76% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 1.01 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 46.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.63 points at the first support level, and at 19.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.47, and for the 2nd resistance point, it is at 20.76.
Norwegian Cruise Line Holdings Ltd [NCLH] reported earnings per share of -$0.18 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.14/share, meaning a difference of -$0.04 and a surprise factor of -28.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.76 per share as compared to estimates of $0.69 per share, a difference of $0.07 representing a surprise of 10.10%.
Ratios To Look Out For
It is important to note that Norwegian Cruise Line Holdings Ltd [NYSE:NCLH] has a current ratio of 0.16. Further, the Quick Ratio stands at 0.13, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 28.55 and price to earnings (TTM) ratio is 85.65.
Transactions by insiders
Recent insider trading involved Kempa Mark, EVP & CFO, that happened on Mar 08 ’24 when 19965.0 shares were sold. EVP Gen. Counsel & Asst. Sec’y, Farkas Daniel S completed a deal on Jun 15 ’23 to sell 38000.0 shares. Meanwhile, SVP & Chief Accounting Officer Ashby Faye L. sold 15811.0 shares on Jun 13 ’23.
