Norwegian Cruise Line Holdings Ltd (NCLH) Stock Up 3.15%: Is It a Good Investment?

Norwegian Cruise Line Holdings Ltd [NCLH] stock is trading at $18.02, up 3.15%. An important factor to consider is whether the stock is rising or falling in short-term value. The NCLH shares have lost -2.07% over the last week, with a monthly amount drifted -8.30%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] stock has seen the most recent analyst activity on March 26, 2024, when Mizuho initiated its Neutral rating and assigned the stock a price target of $21. Previously, Goldman started tracking the stock with Neutral rating on March 13, 2024, and set its price target to $19. On January 05, 2024, downgrade downgraded it’s rating to Equal Weight but maintained its price target of $18 on the stock. Redburn Atlantic upgraded its rating to a Overweight but stick to its price target of $25 on September 14, 2023. Susquehanna downgraded its rating to a Neutral but $17 remained the price target by the analyst firm on August 02, 2023. Truist downgraded its rating to Hold for this stock on July 18, 2023, and upped its price target to $23. In a note dated April 28, 2023, JP Morgan initiated an Neutral rating and provided a target price of $15 on this stock.

Norwegian Cruise Line Holdings Ltd [NCLH] stock has fluctuated between $12.41 and $22.75 over the past year. Currently, Wall Street analysts expect the stock to reach $21.42 within the next 12 months. Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] shares were valued at $18.02 at the most recent close of the market. An investor can expect a potential return of 18.87% based on the average NCLH price forecast.

Analyzing the NCLH fundamentals

Norwegian Cruise Line Holdings Ltd [NYSE:NCLH] reported sales of 8.55B for the trailing twelve months, which represents a growth of 30.76%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of46.81.

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 17.78 points at the first support level, and at 17.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.19, and for the 2nd resistance point, it is at 18.35.

Ratios To Look Out For

For context, Norwegian Cruise Line Holdings Ltd’s Current Ratio is 0.16. On the other hand, the Quick Ratio is 0.13, and the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 25.49 and price to earnings (TTM) ratio is 76.49.

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.

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