Norwegian Cruise Line (NYSE:NCLH) Director Acquires $525,334.88 in Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Director Zillah Byng-Thorne acquired 29,008 shares of Norwegian Cruise Line stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $18.11 per share, with a total value of $525,334.88. Following the completion of the purchase, the director owned 66,017 shares in the company, valued at $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Norwegian Cruise Line Trading Up 0.7%

Shares of NCLH stock opened at $18.95 on Thursday. The business’s 50 day moving average is $23.49 and its two-hundred day moving average is $21.93. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The company has a market capitalization of $8.63 billion, a P/E ratio of 13.07, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Institutional Investors Weigh In On Norwegian Cruise Line

Institutional investors have recently modified their holdings of the company. MUFG Securities EMEA plc purchased a new position in Norwegian Cruise Line in the 2nd quarter valued at approximately $26,000. Sentry Investment Management LLC acquired a new stake in Norwegian Cruise Line in the second quarter valued at $31,000. New Age Alpha Advisors LLC purchased a new position in shares of Norwegian Cruise Line in the first quarter valued at $33,000. Laurel Wealth Advisors LLC raised its stake in shares of Norwegian Cruise Line by 1,928.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $41,000 after buying an additional 1,928 shares during the last quarter. Finally, Bogart Wealth LLC raised its stake in shares of Norwegian Cruise Line by 1,012.0% during the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after buying an additional 2,024 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Wednesday, October 8th. Susquehanna reduced their price objective on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. dropped their target price on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Bank of America increased their target price on Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Morgan Stanley decreased their price target on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.26.

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.