Norwegian Cruise Line (NYSE:NCLH) Price Target Lowered to $25.00 at Morgan Stanley

Norwegian Cruise Line (NYSE:NCLH) had its target price reduced by stock analysts at Morgan Stanley from $27.00 to $25.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s target price suggests a potential upside of 31.24% from the stock’s previous close.

Several other analysts also recently commented on the stock. Bank of America increased their price objective on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Stifel Nicolaus increased their price target on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, September 11th. The Goldman Sachs Group reduced their price target on shares of Norwegian Cruise Line from $31.00 to $27.00 and set a “buy” rating for the company in a research report on Wednesday. Tigress Financial boosted their price objective on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a “strong-buy” rating in a report on Wednesday, August 27th. Finally, Susquehanna increased their target price on Norwegian Cruise Line from $18.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average price target of $28.68.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $19.05 on Monday. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The firm’s 50-day simple moving average is $23.86 and its two-hundred day simple moving average is $21.93. The stock has a market cap of $8.67 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLH) last released its 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 for the quarter, compared to the consensus estimate 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. Analysts anticipate that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Insider Buying and Selling at Norwegian Cruise Line

In other news, CFO Mark Kempa bought 10,635 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were acquired at an average cost of $18.53 per share, with a total value of $197,066.55. Following the completion of the transaction, the chief financial officer owned 369,352 shares of the company’s stock, valued at approximately $6,844,092.56. This trade represents a 2.96% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jason Montague purchased 13,400 shares of Norwegian Cruise Line stock in a transaction dated Thursday, November 6th. The shares were acquired at an average cost of $18.81 per share, with a total value of $252,054.00. Following the transaction, the insider directly owned 13,400 shares in the company, valued at approximately $252,054. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 49,035 shares of company stock worth $912,121. Insiders own 0.41% of the company’s stock.

Institutional Trading of Norwegian Cruise Line

Large investors have recently added to or reduced their stakes in the business. MUFG Securities EMEA plc bought a new position in Norwegian Cruise Line in the second quarter worth approximately $26,000. Sentry Investment Management LLC bought a new stake in shares of Norwegian Cruise Line during the 2nd quarter valued at $31,000. New Age Alpha Advisors LLC bought a new stake in shares of Norwegian Cruise Line during the 1st quarter valued at $33,000. Laurel Wealth Advisors LLC increased its stake in shares of Norwegian Cruise Line by 1,928.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $41,000 after purchasing an additional 1,928 shares in the last quarter. Finally, Bogart Wealth LLC raised its holdings in Norwegian Cruise Line by 1,012.0% in the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after purchasing an additional 2,024 shares during the period. 69.58% of the stock is currently owned by institutional investors.

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.