Norwegian Cruise Line (NYSE:NCLH) Director Purchases $129,869.74 in Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Director Stella David purchased 6,986 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was bought at an average price of $18.59 per share, for a total transaction of $129,869.74. Following the acquisition, the director owned 103,474 shares in the company, valued at $1,923,581.66. The trade was a 7.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Norwegian Cruise Line Trading Up 0.7%

NCLH stock opened at $18.95 on Thursday. The company has a market cap of $8.63 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 0.71 and a beta of 2.22. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. The business has a fifty day simple moving average of $23.49 and a 200-day simple moving average of $21.93. Norwegian Cruise Line Holdings Ltd. has a 52 week low of $14.21 and a 52 week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $2.94 billion for 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. On average, equities research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on NCLH. Truist Financial increased their target price on shares of Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Barclays decreased their price objective on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Zacks Research downgraded shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research note on Monday. Bank of America upped their price target on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Finally, Stifel Nicolaus increased their price target on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $28.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NCLH. Teacher Retirement System of Texas acquired a new position in Norwegian Cruise Line in the 1st quarter worth $1,219,000. Allworth Financial LP increased its position in shares of Norwegian Cruise Line by 19.1% during the first quarter. Allworth Financial LP now owns 4,690 shares of the company’s stock worth $89,000 after acquiring an additional 753 shares during the last quarter. Xponance Inc. increased its position in shares of Norwegian Cruise Line by 3.6% during the first quarter. Xponance Inc. now owns 78,086 shares of the company’s stock worth $1,481,000 after acquiring an additional 2,688 shares during the last quarter. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Norwegian Cruise Line in the first quarter worth about $211,000. Finally, Emerald Advisers LLC boosted its holdings in Norwegian Cruise Line by 251.7% in the first quarter. Emerald Advisers LLC now owns 63,670 shares of the company’s stock valued at $1,207,000 after purchasing an additional 45,569 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Company Profile

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.