Stock Of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) Dropped By -11.96 Percent Over The Past Month, Is There Room For Downside?

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH)’s traded shares stood at 10.29 million during the last session, with the company’s beta value hitting 2.65. At the close of trading, the stock’s price was $16.20, to imply an increase of 0.68% or $0.11 in intraday trading. The NCLH share’s 52-week high remains $22.75, putting it -40.43% down since that peak but still an impressive 21.6% since price per share fell to its 52-week low of $12.70. The company has a valuation of $6.95B, with an average of 13.32 million shares over the past 3 months.

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) trade information

After registering a 0.68% upside in the last session, Norwegian Cruise Line Holdings Ltd (NCLH) has traded red over the past five days. The stock hit a weekly high of 16.42, jumping 0.68% in its intraday price action. The 5-day price performance for the stock is 1.57%, and -11.96% over 30 days. With these gigs, the year-to-date price performance is -19.16%.

Norwegian Cruise Line Holdings Ltd (NCLH) estimates and forecasts

Looking at statistics comparing Norwegian Cruise Line Holdings Ltd share performance against respective industry, we note that the company has outperformed competitors. Norwegian Cruise Line Holdings Ltd (NCLH) shares are 20.99% up over the last 6 months, with its year-to-date growth rate higher than industry average at 87.14% against 2.00%. The rating firms project that company’s revenue will grow 9.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 12 analysts is 2.37B. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 2.7B.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -38.02% for the past 5-year period. While 2024 is set for a 92.52% return in earnings, projections for the next 5 years are at 49.20% annually.

NCLH Dividends

Norwegian Cruise Line Holdings Ltd has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Norwegian Cruise Line Holdings Ltd has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.