Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seventeen research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $29.06.

Several equities analysts have recently commented on NCLH shares. StockNews.com upgraded Norwegian Cruise Line from a "sell" rating to a "hold" rating in a research report on Thursday, November 7th. Argus upgraded Norwegian Cruise Line from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Loop Capital started coverage on Norwegian Cruise Line in a research report on Tuesday, February 4th. They set a "hold" rating and a $26.00 price objective on the stock. The Goldman Sachs Group upgraded Norwegian Cruise Line from a "neutral" rating to a "buy" rating and increased their price objective for the company from $29.00 to $35.00 in a research report on Tuesday, December 10th. Finally, Mizuho increased their price objective on Norwegian Cruise Line from $26.00 to $28.00 and gave the company an "outperform" rating in a research report on Friday, November 1st.

Norwegian Cruise Line Price Performance

NYSE NCLH traded down $1.31 during trading on Friday, reaching $25.70. The company's stock had a trading volume of 22,161,099 shares, compared to its average volume of 8,672,226. The stock has a market capitalization of $11.30 billion, a PE ratio of 23.57, a P/E/G ratio of 0.25 and a beta of 2.64. The company has a debt-to-equity ratio of 10.35, a current ratio of 0.20 and a quick ratio of 0.17. The firm has a fifty day moving average of $26.57 and a 200 day moving average of $23.53. Norwegian Cruise Line has a one year low of $14.69 and a one year high of $29.29.

Institutional Investors Weigh In On Norwegian Cruise Line

Institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio lifted its stake in shares of Norwegian Cruise Line by 48.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 230,447 shares of the company's stock valued at $5,929,000 after purchasing an additional 74,983 shares during the period. Pinkerton Retirement Specialists LLC bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $974,000. Focus Partners Advisor Solutions LLC bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $647,000. PharVision Advisers LLC bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $258,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $99,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.