A share price of Norwegian Cruise Line Holdings Ltd [NCLH] is currently trading at $17.50, up 7.76%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NCLH shares have gain 8.76% over the last week, with a monthly amount drifted -4.68%, 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 May 29, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $21 from $20. Previously, Mizuho upgraded its rating to Buy on May 28, 2024, and elevated its price target to $24. On March 26, 2024, Mizuho initiated with a Neutral rating and assigned a price target of $21 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $19 on March 13, 2024. Wells Fargo downgraded its rating to a Equal Weight but $18 remained the price target by the analyst firm on January 05, 2024. Redburn Atlantic upgraded its rating to Overweight for this stock on September 14, 2023, but kept the price target unchanged to $25. In a note dated August 02, 2023, Susquehanna downgraded an Neutral rating on this stock but restated the target price of $17.
Norwegian Cruise Line Holdings Ltd experienced fluctuations in its stock price throughout the past year between $12.70 and $21.73. Currently, Wall Street analysts expect the stock to reach $21.78 within the next 12 months. Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] shares were valued at $17.50 at the most recent close of the market. An investor can expect a potential return of 24.46% based on the average NCLH price forecast.
Analyzing the NCLH fundamentals
Trailing Twelve Months sales for Norwegian Cruise Line Holdings Ltd [NYSE:NCLH] were 9.09B which represents 7.57% growth. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.94 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 19.42.
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 16.71 points at the first support level, and at 15.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.91, and for the 2nd resistance point, it is at 18.32.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Norwegian Cruise Line Holdings Ltd [NYSE:NCLH] is 0.24. As well, the Quick Ratio is 0.22, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 11.10 and price to earnings (TTM) ratio is 22.32.
Transactions by insiders
Recent insider trading involved Ashby Faye L., SVP & Chief Accounting Officer, that happened on Jun 05 ’24 when 19582.0 shares were sold. Director, Byng-Thorne Zillah completed a deal on May 31 ’24 to buy 13360.0 shares. Meanwhile, Director Cil Jose E. bought 20000.0 shares on May 22 ’24.
