Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) Stock: Does It Mean Opportunity?

In today’s recent session, 9.21 million shares of the Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) have been traded, and its beta is 2.69. Most recently the company’s share price was $18.31, and it changed around $0.91 or 5.23% from the last close, which brings the market valuation of the company to $7.86B. NCLH at last check was trading at a discount to its 52-week high of $22.75, offering almost -24.25% off that amount. The share price’s 52-week low was $12.70, which indicates that the recent value has risen by an impressive 30.64% since then. We note from Norwegian Cruise Line Holdings Ltd’s average daily trading volume that its 3-month average coming to 13.86 million.

Norwegian Cruise Line Holdings Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 2.38. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 10 rate it as Overweight. Among the rest, 8 recommended NCLH as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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

Instantly NCLH has been showing a green trend so far today with a performance of 5.23% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -8.63% year-to-date, but still up 8.28% over the last five days. On the other hand, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) is 17.60% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $21.78, which translates to bulls needing to increase their stock price by 15.93% from its current value. Analyst projections state that NCLH is forecast to be at a low of $11.5 and a high of $32.

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 -12.60 percent over the past six months and at a 104.29% annual growth rate that is well above the industry average of 5.90%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -38.02%. Norwegian Cruise Line Holdings Ltd earnings are expected to increase by 105.07% in 2024, but the outlook is positive 49.20% per year for the next five years.