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

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) have earned an average recommendation of “Hold” from the fourteen research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $20.87.

Several brokerages recently weighed in on NCLH. Morgan Stanley boosted their price objective on shares of Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 5th. The Goldman Sachs Group started coverage on shares of Norwegian Cruise Line in a report on Wednesday, March 13th. They issued a “neutral” rating and a $19.00 target price on the stock. Mizuho started coverage on shares of Norwegian Cruise Line in a report on Tuesday, March 26th. They issued a “neutral” rating and a $21.00 target price on the stock. Citigroup dropped their target price on shares of Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating on the stock in a report on Monday, February 12th. Finally, Barclays boosted their target price on shares of Norwegian Cruise Line from $20.00 to $21.00 and gave the company an “equal weight” rating in a report on Wednesday, February 28th.

Norwegian Cruise Line Stock Performance

Shares of Norwegian Cruise Line stock opened at $19.04 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94. Norwegian Cruise Line has a twelve month low of $12.42 and a twelve month high of $22.75. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 68.00, a P/E/G ratio of 0.40 and a beta of 2.60. The company’s fifty day moving average is $19.01 and its 200 day moving average is $17.41.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Norwegian Cruise Line had a return on equity of 108.69% and a net margin of 1.94%. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the firm earned ($1.10) EPS. Sell-side analysts forecast that Norwegian Cruise Line will post 1 EPS for the current year.

Hedge Funds Weigh In On Norwegian Cruise Line

Institutional investors have recently made changes to their positions in the stock. YHB Investment Advisors Inc. bought a new stake in shares of Norwegian Cruise Line during the first quarter worth about $39,000. 1832 Asset Management L.P. bought a new stake in shares of Norwegian Cruise Line during the fourth quarter worth about $44,000. Larson Financial Group LLC increased its position in shares of Norwegian Cruise Line by 38.0% during the third quarter. Larson Financial Group LLC now owns 3,574 shares of the company’s stock worth $59,000 after acquiring an additional 984 shares in the last quarter. Parkside Financial Bank & Trust increased its position in shares of Norwegian Cruise Line by 85.8% during the third quarter. Parkside Financial Bank & Trust now owns 3,726 shares of the company’s stock worth $61,000 after acquiring an additional 1,721 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in shares of Norwegian Cruise Line during the third quarter worth about $64,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

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.