Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) have been assigned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $29.06.

Several equities analysts have commented on NCLH shares. Loop Capital initiated coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price objective on the stock. Argus upgraded shares of Norwegian Cruise Line from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Norwegian Cruise Line from $21.00 to $24.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. UBS Group upped their target price on Norwegian Cruise Line from $19.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Macquarie reissued an “outperform” rating and set a $30.00 price target on shares of Norwegian Cruise Line in a report on Friday, January 17th.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH opened at $26.29 on Friday. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The company has a market capitalization of $11.56 billion, a P/E ratio of 24.12, a P/E/G ratio of 0.26 and a beta of 2.64. Norwegian Cruise Line has a 12 month low of $14.69 and a 12 month high of $29.29. The stock has a 50 day moving average of $26.60 and a 200-day moving average of $23.22.

Institutional Trading of Norwegian Cruise Line

Large investors have recently made changes to their positions in the company. Avior Wealth Management LLC lifted its holdings in shares of Norwegian Cruise Line by 34.1% in the third quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock worth $35,000 after acquiring an additional 429 shares during the last quarter. United Capital Financial Advisors LLC increased its position in Norwegian Cruise Line by 3.7% during the 4th quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company’s stock worth $358,000 after purchasing an additional 498 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in Norwegian Cruise Line by 2.1% in the third quarter. Louisiana State Employees Retirement System now owns 24,800 shares of the company’s stock valued at $509,000 after buying an additional 500 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in Norwegian Cruise Line by 1.1% in the third quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock valued at $944,000 after buying an additional 509 shares in the last quarter. Finally, Mount Lucas Management LP grew its stake in shares of Norwegian Cruise Line by 2.4% during the third quarter. Mount Lucas Management LP now owns 22,055 shares of the company’s stock worth $452,000 after buying an additional 516 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

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.