Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) have earned a consensus recommendation of “Moderate Buy” from the seventeen research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $29.06.

Several equities analysts recently issued reports on the company. UBS Group increased their target price on Norwegian Cruise Line from $19.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Loop Capital assumed coverage on Norwegian Cruise Line in a report on Tuesday, February 4th. They set a “hold” rating and a $26.00 price target on the stock. StockNews.com upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. upped their price target on Norwegian Cruise Line from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, December 17th. Finally, Truist Financial upped their price target on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, December 2nd.

Norwegian Cruise Line Price Performance

NCLH opened at $27.19 on Friday. The stock’s 50-day moving average price is $26.58 and its 200 day moving average price is $23.50. Norwegian Cruise Line has a 12-month low of $14.69 and a 12-month high of $29.29. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. The firm has a market cap of $11.95 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 0.26 and a beta of 2.64.

Institutional Trading of Norwegian Cruise Line

A number of hedge funds have recently added to or reduced their stakes in NCLH. Exchange Traded Concepts LLC lifted its holdings in shares of Norwegian Cruise Line by 1,048.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 5,743 shares of the company’s stock valued at $118,000 after buying an additional 5,243 shares during the period. Creative Planning lifted its holdings in shares of Norwegian Cruise Line by 2.5% in the 3rd quarter. Creative Planning now owns 523,989 shares of the company’s stock valued at $10,747,000 after buying an additional 12,614 shares during the period. NBC Securities Inc. lifted its holdings in shares of Norwegian Cruise Line by 1.5% in the 3rd quarter. NBC Securities Inc. now owns 45,603 shares of the company’s stock valued at $935,000 after buying an additional 678 shares during the period. nVerses Capital LLC acquired a new stake in shares of Norwegian Cruise Line in the 3rd quarter valued at approximately $615,000. Finally, Blue Trust Inc. lifted its holdings in shares of Norwegian Cruise Line by 489.8% in the 3rd quarter. Blue Trust Inc. now owns 2,188 shares of the company’s stock valued at $41,000 after buying an additional 1,817 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.

About Norwegian Cruise Line

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.