In today’s recent session, 3.74 million shares of the Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) have been traded, and its beta is 2.10. Most recently the company’s share price was $16.40, and it changed around $0.09 or 0.52% from the last close, which brings the market valuation of the company to $7.27B. NCLH at last check was trading at a discount to its 52-week high of $29.29, offering almost -78.6% off that amount. The share price’s 52-week low was $14.21, which indicates that the recent value has risen by an impressive 13.35% since then. We note from Norwegian Cruise Line Holdings Ltd’s average daily trading volume that its 10-day average is 20.69 million shares, with the 3-month average coming to 13.87 million.
Norwegian Cruise Line Holdings Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.74. If we narrow it down even further, the data shows that 0 out of 24 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 7 recommended NCLH as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. Norwegian Cruise Line Holdings Ltd is expected to report earnings per share of 0.09 for the current quarter.
Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) trade information
Instantly NCLH has been showing a green trend so far today with a performance of 0.52% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 17.55 on recent trading dayincreased the stock’s daily price by 6.55%. The company’s shares are currently down -36.28% year-to-date, but still down -10.85% over the last five days. On the other hand, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) is -14.02% down in the 30-day period. We can see from the shorts that 28.56 million shares have been sold at a short interest cover period of 1.76 day(s).
The consensus price target as assigned by Wall Street analysts is $32, which translates to bulls needing to increase their stock price by 48.75% 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
The year-over-year growth rate is expected to be 7.39%, up from the previous year.
Consensus estimates provided by 17 financial analysts predict the company will bring in an average of 2.15B in revenue for the current quarter. 17 analysts expect Norwegian Cruise Line Holdings Ltd to make 2.59B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.19B and 2.37B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -2.07%. Forecasts for the next quarter put sales growth at 8.99%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -16.28%. Norwegian Cruise Line Holdings Ltd earnings are expected to increase by 13.91% in 2025, but the outlook is positive 18.13% per year for the next five years.
NCLH Dividends
Norwegian Cruise Line Holdings Ltd’s next quarterly earnings report is expected to be released on 2025-Feb-26.
Norwegian Cruise Line Holdings Ltd (NYSE:NCLH)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.79% of Norwegian Cruise Line Holdings Ltd shares, and 79.70% of them are in the hands of institutional investors. The stock currently has a share float of 80.33%. Norwegian Cruise Line Holdings Ltd stock is held by 888.0 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 8.0007% or 34.79 million shares worth $653.66 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
AMERICAN BALANCED FUND and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 18.33 shares worth $303.07 million, making up 4.17% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 13.85 shares worth around $229.04 million, which represents about 3.15% of the total shares outstanding.
