Norwegian Cruise Line (NYSE:NCLH) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Norwegian Cruise Line (NYSE:NCLH) from a strong sell rating to a hold rating in a research note released on Thursday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $20.00 price objective on shares of Norwegian Cruise Line in a research report on Tuesday, March 3rd. Truist Financial dropped their target price on Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, March 24th. Morgan Stanley cut their price target on Norwegian Cruise Line from $24.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Thursday. Wolfe Research reaffirmed an “outperform” rating and set a $25.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Finally, UBS Group reaffirmed a “neutral” rating on shares of Norwegian Cruise Line in a research report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $25.53.

Norwegian Cruise Line Stock Up 0.0%

NCLH stock opened at $19.97 on Thursday. The company’s 50 day moving average price is $21.21 and its 200 day moving average price is $21.51. The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.18 and a current ratio of 0.21. Norwegian Cruise Line has a fifty-two week low of $15.31 and a fifty-two week high of $27.18. The firm has a market capitalization of $9.10 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 0.56 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Monday, March 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. Norwegian Cruise Line had a net margin of 4.31% and a return on equity of 50.05%. The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the previous year, the firm earned $0.26 earnings per share. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. On average, equities research analysts anticipate that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

Institutional Investors Weigh In On Norwegian Cruise Line

Several hedge funds and other institutional investors have recently bought and sold shares of NCLH. Chapin Davis Inc. purchased a new position in Norwegian Cruise Line during the 3rd quarter worth approximately $3,604,000. Citigroup Inc. lifted its stake in Norwegian Cruise Line by 341.3% in the third quarter. Citigroup Inc. now owns 2,119,090 shares of the company’s stock valued at $52,193,000 after buying an additional 1,638,889 shares during the last quarter. New York State Common Retirement Fund boosted its holdings in shares of Norwegian Cruise Line by 23.3% in the third quarter. New York State Common Retirement Fund now owns 593,189 shares of the company’s stock valued at $14,610,000 after acquiring an additional 111,982 shares during the period. WINTON GROUP Ltd boosted its holdings in shares of Norwegian Cruise Line by 1,411.6% in the third quarter. WINTON GROUP Ltd now owns 363,090 shares of the company’s stock valued at $8,943,000 after acquiring an additional 339,070 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Norwegian Cruise Line by 27.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 457,169 shares of the company’s stock worth $11,059,000 after acquiring an additional 97,275 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.