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

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) has been given a consensus rating of “Moderate Buy” by the seventeen analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $29.19.

Several research firms recently commented on NCLH. Macquarie upped their target price on Norwegian Cruise Line from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. upped their price objective on shares of Norwegian Cruise Line from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Tuesday, December 17th. Truist Financial raised their target price on shares of Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Morgan Stanley upped their price target on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 12th. Finally, Wells Fargo & Company lifted their price target on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, February 28th.

Institutional Trading of Norwegian Cruise Line

Several large investors have recently bought and sold shares of the company. Baillie Gifford & Co. acquired a new stake in shares of Norwegian Cruise Line during the third quarter valued at about $179,146,000. Capital International Investors boosted its holdings in Norwegian Cruise Line by 11.2% in the fourth quarter. Capital International Investors now owns 55,194,672 shares of the company’s stock valued at $1,420,159,000 after purchasing an additional 5,557,951 shares during the last quarter. Norges Bank purchased a new position in Norwegian Cruise Line in the fourth quarter valued at about $113,156,000. Two Sigma Advisers LP grew its stake in Norwegian Cruise Line by 99.0% during the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company’s stock valued at $197,843,000 after purchasing an additional 3,824,600 shares in the last quarter. Finally, Voloridge Investment Management LLC increased its holdings in Norwegian Cruise Line by 3,403.3% during the 4th quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company’s stock worth $86,828,000 after purchasing an additional 3,278,249 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Down 6.7 %

Shares of NCLH opened at $18.72 on Tuesday. Norwegian Cruise Line has a fifty-two week low of $14.69 and a fifty-two week high of $29.29. The company has a market capitalization of $8.23 billion, a PE ratio of 17.17, a price-to-earnings-growth ratio of 0.24 and a beta of 2.62. The stock has a fifty day moving average of $25.62 and a two-hundred day moving average of $24.21. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20.

About Norwegian Cruise Line

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.