The Current Price For Norwegian Cruise Line Holdings Ltd (NYSE: NCLH): And Is It Worth Investing In?

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During the recent session, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH)’s traded shares were 3.86 million, with the beta value of the company hitting 2.70. At the last check today, the stock’s price was $20.08, reflecting an intraday gain of 1.20% or $0.24. The 52-week high for the NCLH share is $21.73, that puts it down -8.22 from that peak though still a striking 36.75% gain since the share price plummeted to a 52-week low of $12.70. The company’s market capitalization is $8.83B, and the average intraday trading volume over the past 10 days was 16.18 million shares, and the average trade volume was 12.71 million shares over the past three months.

Norwegian Cruise Line Holdings Ltd (NCLH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.29. NCLH has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.93.

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

Norwegian Cruise Line Holdings Ltd (NCLH) registered a 1.20% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.20% in intraday trading to $20.08, hitting a weekly high. The stock’s 5-day price performance is 5.51%, and it has moved by 26.12% in 30 days. Based on these gigs, the overall price performance for the year is 15.79%. The short interest in Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) is 29.35 million shares and it means that shorts have 2.2 day(s) to cover.

The consensus price target of analysts on Wall Street is $20.5, which implies an increase of 2.05% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11.5 and $32 respectively. As a result, NCLH is trading at a discount of -59.36% off the target high and 42.73% off the low.

Norwegian Cruise Line Holdings Ltd (NCLH) estimates and forecasts

Statistics show that Norwegian Cruise Line Holdings Ltd has outperformed its competitors in share price, compared to the industry in which it operates. Norwegian Cruise Line Holdings Ltd (NCLH) shares have gone down -0.50% during the last six months, with a year-to-date growth rate more than the industry average at 125.71% against 6.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 22.40% this quarter and then jump 138.90% in the quarter after that. In the rating firms’ projections, revenue will increase 10.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.77B as predicted by 13 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 2.07B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.54B and 1.99B respectively. In this case, analysts expect current quarter sales to grow by 9.20% and then jump by 4.00% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -38.02%. While earnings are projected to return 123.62% in 2024, the next five years will return 51.20% per annum.

NCLH Dividends

Norwegian Cruise Line Holdings Ltd is due to release its next quarterly earnings on 2024-Oct-30. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH)’s Major holders

Norwegian Cruise Line Holdings Ltd insiders own 0.65% of total outstanding shares while institutional holders control 68.07%, with the float percentage being 68.51%. VANGUARD GROUP INC is the largest shareholder of the company, while 772.0 institutions own stock in it. As of 2024-06-30, the company held over 51.89 million shares (or 12.1588% of all shares), a total value of $975.09 million in shares.

The next largest institutional holding, with 34.79 million shares, is of CAPITAL INTERNATIONAL INVESTORS’s that is approximately 8.1507% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $653.66 million.