In the last trading session, 19.85 million shares of the Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) were traded, and its beta was 2.51. Most recently the company’s share price was $11.47, and it changed around $0.04 or 0.35% from the last close, which brings the market valuation of the company to $4.37B. NCLH currently trades at a discount to its 52-week high of $31.56, offering almost -175.15% off that amount. The share price’s 52-week low was $10.31, which indicates that the current value has risen by an impressive 10.11% since then. We note from Norwegian Cruise Line Holdings Ltd.’s average daily trading volume that its 3-month average coming to 20.74 million.
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) trade information
Instantly NCLH has showed a green trend with a performance of 0.35% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.99 on Tuesday, 06/21/22 increased the stock’s daily price by 4.34%. The company’s shares are currently down -44.70% year-to-date, but still down -0.69% over the last five days. On the other hand, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is -28.09% down in the 30-day period.
Norwegian Cruise Line Holdings Ltd. (NCLH) estimates and forecasts
Norwegian Cruise Line Holdings Ltd. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -43.58 percent over the past six months and at a 73.36% annual growth rate that is well above the industry average of 30.40%. Moreover, analysts have decided to roll up on their fiscal year 2022 revenue estimates. The rating firms predict that it will gain 64.80% in revenue this quarter, and will report an increase of 118.00% in the next quarter. The year-over-year growth rate is expected to be 737.60%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of $1.3 billion in revenue for the current quarter. 9 analysts expect Norwegian Cruise Line Holdings Ltd. to make $1.83 billion in revenue for the quarter ending Sep 2022. The company’s sales for the same quarters a year ago were $4.37 million and $198.42 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 29,714.30%. Forecasts for the next quarter put sales growth at 820.70%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -45.10%.
Norwegian Cruise Line Holdings Ltd.’s next quarterly earnings report is expected to be released around February 23 and February 28.
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.46% of Norwegian Cruise Line Holdings Ltd. shares, and 55.97% of them are in the hands of institutional investors. The stock currently has a share float of 56.22%. Norwegian Cruise Line Holdings Ltd. stock is held by 717 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Dec 30, 2021, it held 9.45% of the shares, which is about 39.61 million shares worth $821.53 million.
Blackrock Inc., with 5.27% or 22.09 million shares worth $483.24 million as of Mar 30, 2022, holds the second largest percentage of outstanding shares.
Growth Fund Of America Inc and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 27, 2022. The former held 15.68 million shares worth $305.53 million, making up 3.74% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 10.52 million shares worth around $218.22 million, which represents about 2.51% of the total shares outstanding.