In last trading session, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) saw 21,082,452 shares changing hands with its beta currently measuring 2.71. Company’s recent per share price level of $15.17 trading at -$0.16 or -1.04% at ring of the bell on the day assigns it a market valuation of $4.18 Billion. That closing price of NCLH’s stock is at a discount of -294.07% from its 52-week high price of $59.78 and is indicating a premium of 53.66% from its 52-week low price of $7.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 26.53 Million shares which gives us an average trading volume of 37.12 Million if we extend that period to 3-months.
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) trade information
In the face of being in the red today for losing -1.04%, in the last five days NCLH remained trading in the green while hitting it’s week-highest on Thursday, Sep 17 when the stock touched $17.56- price level, adding 13.6% to its value on the day. Norwegian Cruise Line Holdings Ltd.’s shares saw a change of -74.03% in year-to-date performance and have moved -13.31% in past 5-day. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) showed a performance of -2.51% in past 30-days. Number of shares sold short was 55.29 Million shares which calculate 1.49 days to cover the short interests.
Norwegian Cruise Line Holdings Ltd. (NCLH) estimates and forecasts
Statistics highlight that Norwegian Cruise Line Holdings Ltd. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -10.55% of value to its shares in past 6 months, showing an annual growth rate of -263.06% while that of industry is -25. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -201.3% in the current quarter and calculating -404.1% decline in the next quarter. This year revenue growth is estimated to drop -79.2% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $11.52 Million for the same. And 11 analysts are in estimates of company making revenue of $58.86 Million in the next quarter that will end in December 01, 2020. Company posted $1.91 Billion and $1.48 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -99.4% while estimating it to be -96% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 21.9% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 1% while estimates for its earnings growth in next 5 years are of 0%
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)’s Major holders
Insiders are in possession of 0.81% of company’s total shares while institution are holding 92% percent of that, with stock having share float percentage of 92.75%. Investors also watch the number of corporate investors in a company very closely, which is 669 institutions for Norwegian Cruise Line Holdings Ltd. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at NCLH for having 27.86 Million shares of worth $457.76 Million. And as of June 29, 2020, it was holding 10.11% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 14.85 Million shares on June 29, 2020. The number of shares represents firm’s hold over 5.39% of outstanding shares, having a total worth of $243.99 Million.
On the other hand, Vanguard Total Stock Market Index Fund and Capital World Growth and Income Fund are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 7339434 shares of worth $120.59 Million or 2.66% of the total outstanding shares. The later fund manager was in possession of 7.3 Million shares on June 29, 2020, making its stake of worth around $119.91 Million in the company or a holder of 2.65% of company’s stock.