You Should Look At The Stock Forecast For Norwegian Cruise Line Holdings Ltd (NYSE: NCLH).

In today’s recent session, 2.96 million shares of the Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) have been traded, and its beta is 2.66. Most recently the company’s share price was $27.08, and it changed around $0.68 or 2.58% from the last close, which brings the market valuation of the company to $11.91B. NCLH at last check was trading at a discount to its 52-week high of $28.64, offering almost -5.76% off that amount. The share price’s 52-week low was $14.69, which indicates that the recent value has risen by an impressive 45.75% since then. We note from Norwegian Cruise Line Holdings Ltd’s average daily trading volume that its 10-day average is 9.29 million shares, with the 3-month average coming to 12.19 million.

Norwegian Cruise Line Holdings Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 2.09. If we narrow it down even further, the data shows that 1 out of 23 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 9 recommended NCLH as a Hold, whereas 11 deemed it a Buy, and 0 rated it as Underweight.

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

Instantly NCLH has been showing a green trend so far today with a performance of 2.58% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 28.45 on recent trading dayincreased the stock’s daily price by 4.82%. The company’s shares are currently up 35.13% year-to-date, but still down -2.17% over the last five days. On the other hand, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) is -2.66% down in the 30-day period. We can see from the shorts that 26.18 million shares have been sold at a short interest cover period of 2.29 day(s).

The consensus price target as assigned by Wall Street analysts is $29.5, which translates to bulls needing to increase their stock price by 8.2% from its current value. Analyst projections state that NCLH is forecast to be at a low of $19 and a high of $36.

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 risen 50.44 percent over the past six months and at a 134.29% annual growth rate that is well above the industry average of 9.70%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -38.02%.

NCLH Dividends

Norwegian Cruise Line Holdings Ltd’s next quarterly earnings report is expected to be released in January.

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

Upon looking at major shareholders, it appears that insiders hold 0.60% of Norwegian Cruise Line Holdings Ltd shares, and 75.37% of them are in the hands of institutional investors. The stock currently has a share float of 75.83%. Norwegian Cruise Line Holdings Ltd stock is held by 797.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 12.1588% of the shares, which is about 51.89 million shares worth $975.09 million.

CAPITAL INTERNATIONAL INVESTORS, with 8.1507% or 34.79 million shares worth $653.66 million as of 2024-06-30, holds the second largest percentage of outstanding shares.