Norwegian Cruise Line (NCLH) to Release Earnings on Thursday

Norwegian Cruise Line (NYSE:NCLH) is projected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Norwegian Cruise Line to post earnings of $0.10 per share and revenue of $2.10 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $24.86 on Tuesday. The firm’s 50 day moving average is $26.46 and its two-hundred day moving average is $23.79. Norwegian Cruise Line has a 52 week low of $14.69 and a 52 week high of $29.29. The firm has a market capitalization of $10.93 billion, a P/E ratio of 22.81, a PEG ratio of 0.24 and a beta of 2.64. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35.

Analysts Set New Price Targets

Several brokerages have commented on NCLH. Truist Financial raised their price target on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Wells Fargo & Company raised their price target on shares of Norwegian Cruise Line from $21.00 to $27.00 and gave the company an “equal weight” rating in a research note on Friday, November 1st. Bank of America raised their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. Morgan Stanley raised their price objective on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the company an “underweight” rating in a research note on Tuesday, November 12th. Finally, StockNews.com upgraded shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.00.

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.