Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $15.50, but opened at $16.90. Norwegian Cruise Line shares last traded at $16.58, with a volume of 2,439,902 shares changing hands.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on NCLH shares. Bank of America dropped their price target on shares of Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating on the stock in a research report on Friday, March 7th. Macquarie boosted their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the company an "outperform" rating in a report on Thursday, March 6th. Morgan Stanley decreased their price target on Norwegian Cruise Line from $22.00 to $21.00 and set an "equal weight" rating for the company in a report on Thursday. Tigress Financial reissued a "strong-buy" rating and issued a $36.00 price objective on shares of Norwegian Cruise Line in a research note on Tuesday, March 11th. Finally, The Goldman Sachs Group set a $34.00 target price on Norwegian Cruise Line in a research report on Thursday, January 23rd. Nine investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Norwegian Cruise Line has an average rating of "Moderate Buy" and an average target price of $28.22.
Get Our Latest Analysis on NCLH
Norwegian Cruise Line Price Performance
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's 50 day simple moving average is $21.42 and its two-hundred day simple moving average is $24.10. The stock has a market capitalization of $7.18 billion, a P/E ratio of 14.98, a price-to-earnings-growth ratio of 0.24 and a beta of 2.27.
Institutional Trading of Norwegian Cruise Line
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NCLH. Hopwood Financial Services Inc. purchased a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $26,000. Kestra Investment Management LLC purchased a new position in Norwegian Cruise Line during the 4th quarter worth $27,000. Stonebridge Financial Group LLC purchased a new position in Norwegian Cruise Line during the 4th quarter worth $27,000. Rakuten Securities Inc. grew its stake in shares of Norwegian Cruise Line by 176.0% in the 4th quarter. Rakuten Securities Inc. now owns 1,159 shares of the company's stock worth $30,000 after acquiring an additional 739 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at about $31,000. 69.58% of the stock is owned by institutional investors.
About Norwegian Cruise Line
(
Get Free Report)
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.
Featured Articles
Before you consider Norwegian Cruise Line, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Norwegian Cruise Line wasn't on the list.
While Norwegian Cruise Line currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
