Norwegian Cruise Line (NYSE:NCLH) Stock Rating Lowered by Mizuho

Norwegian Cruise Line (NYSE:NCLH) was downgraded by stock analysts at Mizuho from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

NCLH has been the topic of a number of other reports. Stifel Nicolaus dropped their target price on shares of Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Zacks Research upgraded shares of Norwegian Cruise Line from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. BMO Capital Markets initiated coverage on shares of Norwegian Cruise Line in a report on Tuesday, July 7th. They issued a “market perform” rating and a $21.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $17.00 price objective on Norwegian Cruise Line in a report on Friday, July 31st. Finally, Susquehanna reissued a “neutral” rating and issued a $17.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and sixteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Hold” and a consensus price target of $21.05.

Norwegian Cruise Line Trading Down 3.1%

Shares of Norwegian Cruise Line stock opened at $17.62 on Tuesday. The firm has a market cap of $8.09 billion, a PE ratio of 11.02, a P/E/G ratio of 1.19 and a beta of 1.90. Norwegian Cruise Line has a 1 year low of $14.53 and a 1 year high of $27.18. The company has a debt-to-equity ratio of 5.40, a current ratio of 0.20 and a quick ratio of 0.17. The stock has a fifty day moving average price of $19.67 and a 200-day moving average price of $19.76.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.07. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.51 EPS. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. Equities research analysts anticipate that Norwegian Cruise Line will post 1.44 EPS for the current year.

Insider Activity

In other Norwegian Cruise Line news, Director Stephen G. Pagliuca acquired 695,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Monday, June 1st. The stock was acquired at an average cost of $18.16 per share, for a total transaction of $12,621,200.00. Following the purchase, the director owned 703,912 shares of the company’s stock, valued at approximately $12,783,041.92. This represents a 7,798.47% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Chidsey acquired 153,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Friday, May 22nd. The stock was acquired at an average price of $16.37 per share, with a total value of $2,504,610.00. Following the completion of the purchase, the chief executive officer directly owned 1,139,940 shares in the company, valued at $18,660,817.80. This represents a 15.50% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 1,533,000 shares of company stock valued at $27,496,910 in the last quarter. Corporate insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of large investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC lifted its holdings in Norwegian Cruise Line by 26.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after purchasing an additional 4,872 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Norwegian Cruise Line by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock valued at $917,000 after buying an additional 2,002 shares in the last quarter. Woodline Partners LP increased its position in shares of Norwegian Cruise Line by 40.7% during the first quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock valued at $704,000 after buying an additional 10,743 shares during the period. Jump Financial LLC increased its position in shares of Norwegian Cruise Line by 133.0% during the second quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock valued at $789,000 after buying an additional 22,204 shares during the period. Finally, California Public Employees Retirement System lifted its holdings in shares of Norwegian Cruise Line by 5.1% in the second quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock worth $15,551,000 after buying an additional 37,071 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

About Norwegian Cruise Line

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.