Norwegian Cruise Line (NYSE:NCLH - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.11, Zacks reports. Norwegian Cruise Line had a return on equity of 99.31% and a net margin of 5.87%. The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.10 billion. Norwegian Cruise Line updated its Q1 2025 guidance to 0.080-0.080 EPS and its FY 2025 guidance to 2.050-2.050 EPS.
Norwegian Cruise Line Trading Down 3.3 %
Shares of Norwegian Cruise Line stock traded down $0.75 during trading hours on Monday, hitting $21.97. The company's stock had a trading volume of 17,252,428 shares, compared to its average volume of 10,079,163. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The business has a fifty day moving average of $26.22 and a 200 day moving average of $24.07. The company has a market capitalization of $9.66 billion, a PE ratio of 20.16, a P/E/G ratio of 0.24 and a beta of 2.64. Norwegian Cruise Line has a 1-year low of $14.69 and a 1-year high of $29.29.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the stock. Barclays raised shares of Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $28.00 to $32.00 in a research note on Friday, December 13th. Citigroup lifted their price target on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Friday. Tigress Financial upped their price objective on shares of Norwegian Cruise Line from $32.00 to $36.00 and gave the company a "strong-buy" rating in a research note on Monday, November 11th. Bank of America lifted their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 13th. Finally, Argus raised Norwegian Cruise Line from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of "Moderate Buy" and a consensus target price of $29.31.
View Our Latest Stock Report on Norwegian Cruise Line
Norwegian Cruise Line Company Profile
(
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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.
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