Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Given Consensus Rating of “Hold” by Analysts

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) have been given a consensus rating of “Hold” by the fifteen ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $22.17.

A number of brokerages recently issued reports on NCLH. StockNews.com cut shares of Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research report on Monday. JPMorgan Chase & Co. lifted their target price on shares of Norwegian Cruise Line from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday. Bank of America lifted their target price on shares of Norwegian Cruise Line from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, July 23rd. Macquarie lifted their target price on shares of Norwegian Cruise Line from $23.00 to $24.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Finally, Barclays lifted their target price on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Thursday, August 1st.

Norwegian Cruise Line Trading Up 2.7 %

Shares of NYSE NCLH opened at $19.86 on Tuesday. Norwegian Cruise Line has a 1 year low of $12.70 and a 1 year high of $21.73. The stock has a market cap of $8.52 billion, a P/E ratio of 28.37, a price-to-earnings-growth ratio of 0.27 and a beta of 2.70. The firm has a 50-day moving average of $17.73 and a 200 day moving average of $17.97. The company has a debt-to-equity ratio of 17.19, a current ratio of 0.24 and a quick ratio of 0.22.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. Norwegian Cruise Line had a net margin of 4.62% and a return on equity of 105.44%. The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period last year, the company posted $0.20 EPS. Norwegian Cruise Line’s revenue was up 7.6% on a year-over-year basis. As a group, sell-side analysts expect that Norwegian Cruise Line will post 1.37 EPS for the current fiscal year.

Institutional Trading of Norwegian Cruise Line

Several large investors have recently added to or reduced their stakes in NCLH. Transcendent Capital Group LLC bought a new stake in Norwegian Cruise Line during the first quarter valued at approximately $27,000. YHB Investment Advisors Inc. bought a new stake in Norwegian Cruise Line during the first quarter valued at approximately $39,000. Sentry Investment Management LLC bought a new stake in Norwegian Cruise Line during the second quarter valued at approximately $39,000. 1832 Asset Management L.P. bought a new stake in Norwegian Cruise Line during the fourth quarter valued at approximately $44,000. Finally, Fidelis Capital Partners LLC bought a new stake in Norwegian Cruise Line during the first quarter valued at approximately $61,000. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.