Norwegian Cruise Line Holdings Ltd (NCLH) Short-Term Forecasts And Estimates

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) has a beta value of 2.71 and has seen 2.31 million shares traded in the recent trading session. The company, currently valued at $9.08B, closed the recent trade at $20.65 per share which meant it lost -$0.31 on the day or -1.50% during that session. The NCLH stock price is -5.23% off its 52-week high price of $21.73 and 38.5% above the 52-week low of $12.70. If we look at the company’s 10-day average daily trading volume, we find that it stood at 16.44 million shares traded. The 3-month trading volume is 12.88 million shares.

The consensus among analysts is that Norwegian Cruise Line Holdings Ltd (NCLH) is Buy stock at the moment, with a recommendation rating of 2.29. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 11 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock 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

Sporting -1.50% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NCLH stock price touched $20.65 or saw a rise of 2.23%. Year-to-date, Norwegian Cruise Line Holdings Ltd shares have moved 3.02%, while the 5-day performance has seen it change 4.06%. Over the past 30 days, the shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) have changed 18.31%. Short interest in the company has seen 29.35 million shares shorted with days to cover at 2.2.

Wall Street analysts have a consensus price target for the stock at $20.5, which means that the shares’ value could drop -0.73% from the levels at last check today. The projected low price target is $11.5 while the price target rests at a high of $32.0. In that case, then, we find that the latest price level in today’s session is -54.96% off the targeted high while a plunge would see the stock lose 44.31% from the levels at last check today.

Norwegian Cruise Line Holdings Ltd (NCLH) estimates and forecasts

Figures show that Norwegian Cruise Line Holdings Ltd shares have outperformed across the wider relevant industry. The company’s shares have gained 2.41% over the past 6 months, with this year growth rate of 125.71%, compared to 5.50% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -38.02% over the past 5 years. Earnings growth for 2024 is a modest 123.62% while over the next 5 years, the company’s earnings are expected to increase by 51.20%.

NCLH Dividends

Norwegian Cruise Line Holdings Ltd is expected to release its next earnings report on 2024-Oct-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 0.65% of the company shares, while shares held by institutions stand at 68.02% with a share float percentage of 68.46%. Investors are also buoyed by the number of investors in a company, with Norwegian Cruise Line Holdings Ltd having a total of 770.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 51.89 million shares worth more than $975.09 million. As of 2024-06-30, VANGUARD GROUP INC held 12.1588% of shares outstanding.

The other major institutional holder is CAPITAL INTERNATIONAL INVESTORS, with the holding of over 34.79 million shares as of 2024-06-30. The firm’s total holdings are worth over $653.66 million and represent 8.1507% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and American Balanced Fund. As of Jun 30, 2024, the former fund manager holds about 3.11% shares in the company for having 13.68 shares of worth $281.99 million while later fund manager owns 12.1 shares of worth $249.5 million as of Jun 30, 2024, which makes it owner of about 2.75% of company’s outstanding stock.