Stifel Nicolaus Cuts Norwegian Cruise Line (NYSE:NCLH) Price Target to $26.00

Norwegian Cruise Line (NYSE:NCLH) had its price target cut by Stifel Nicolaus from $27.00 to $26.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research firms also recently issued reports on NCLH. TD Cowen lifted their price target on shares of Norwegian Cruise Line from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Wells Fargo & Company upped their price target on Norwegian Cruise Line from $19.00 to $25.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Northcoast Research downgraded Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 6th. Morgan Stanley lifted their price objective on Norwegian Cruise Line from $20.00 to $22.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. decreased their target price on Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $21.60.

Norwegian Cruise Line Stock Performance

Shares of NCLH opened at $19.32 on Monday. The company has a 50-day simple moving average of $18.90 and a 200-day simple moving average of $20.18. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75. The company has a market capitalization of $8.87 billion, a PE ratio of 16.24, a P/E/G ratio of 1.16 and a beta of 1.87. Norwegian Cruise Line has a 52-week low of $14.53 and a 52-week high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Monday, May 4th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the firm earned $0.07 earnings per share. The firm’s revenue was up 9.6% on a year-over-year basis. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. Equities research analysts predict that Norwegian Cruise Line will post 1.51 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Norwegian Cruise Line news, Director Stephen G. Pagliuca purchased 685,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was bought at an average price of $18.06 per share, for a total transaction of $12,371,100.00. Following the acquisition, the director directly owned 1,388,912 shares of the company’s stock, valued at $25,083,750.72. This represents a 97.31% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CEO John Chidsey acquired 153,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were bought at an average cost of $16.37 per share, with a total value of $2,504,610.00. Following the purchase, the chief executive officer owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 1,592,467 shares of company stock worth $28,493,204 in the last three months. Company insiders own 0.25% of the company’s stock.

Institutional Investors Weigh In On Norwegian Cruise Line

Several hedge funds have recently modified their holdings of the stock. SHP Wealth Management purchased a new position in Norwegian Cruise Line during the fourth quarter worth approximately $26,000. MUFG Securities EMEA plc acquired a new position in shares of Norwegian Cruise Line in the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at $31,000. Clearstead Advisors LLC grew its stake in shares of Norwegian Cruise Line by 130.2% during the 4th quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after buying an additional 909 shares during the period. Finally, Aventura Private Wealth LLC purchased a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at $42,000. 69.58% of the stock is 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.