Norwegian Cruise Line Holdings Ltd [NCLH] stock is trading at $23.38, up 1.56%. 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 14.66% over the last week, with a monthly amount glided 22.86%, and 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 October 09, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $30 from $20. Previously, Truist upgraded its rating to Buy on May 29, 2024, and elevated its price target to $21. On May 28, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $24 on the stock. Mizuho started tracking the stock assigning a Neutral rating and suggested a price target of $21 on March 26, 2024. Goldman initiated its recommendation with a Neutral and recommended $19 as its price target on March 13, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on January 05, 2024, but kept the price target unchanged to $18. In a note dated September 14, 2023, Redburn Atlantic upgraded an Overweight rating on this stock but restated the target price of $25.
Norwegian Cruise Line Holdings Ltd [NCLH] stock has fluctuated between $12.70 and $23.37 over the past year. Currently, Wall Street analysts expect the stock to reach $22.47 within the next 12 months. Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] shares were valued at $23.38 at the most recent close of the market. An investor can expect a potential drop of -3.89% based on the average NCLH price forecast.
Analyzing the NCLH fundamentals
Norwegian Cruise Line Holdings Ltd [NYSE:NCLH] reported sales of 9.09B for the trailing twelve months, which represents a growth of 7.57%. 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 23.07 points at the first support level, and at 22.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.76, and for the 2nd resistance point, it is at 24.13.
Ratios To Look Out For
For context, Norwegian Cruise Line Holdings Ltd’s Current Ratio 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 1.13, the price to book ratio is 14.83 and price to earnings (TTM) ratio is 29.81.
Transactions by insiders
Recent insider trading involved Russell W. Galbut, Former Chairman, that happened on Oct 10 ’24 when 0.13 million shares were purchased. Former Chairman, Russell W. Galbut completed a deal on Sep 23 ’24 to buy 0.2 million shares. Meanwhile, EVP GC, CDO & Sec’y Farkas Daniel S sold 30000.0 shares on Aug 27 ’24.
