Norwegian Cruise Line (NYSE:NCLH) Reaches New 1-Year Low – Here’s Why

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $14.50 and last traded at $14.6350, with a volume of 6851201 shares changing hands. The stock had previously closed at $14.85.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on NCLH shares. TD Cowen upped their price objective on Norwegian Cruise Line from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Mizuho reissued a “neutral” rating and set a $17.00 price target (down from $22.00) on shares of Norwegian Cruise Line in a research report on Tuesday, August 18th. Jefferies Financial Group boosted their price objective on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Citigroup decreased their target price on shares of Norwegian Cruise Line from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, Morgan Stanley raised their target price on shares of Norwegian Cruise Line from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $20.95.

Norwegian Cruise Line Stock Performance

The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 5.40. The company has a market capitalization of $6.68 billion, a PE ratio of 9.10, a PEG ratio of 0.88 and a beta of 1.88. The business has a 50 day simple moving average of $18.37 and a 200 day simple moving average of $19.01.

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. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%.The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same quarter in the previous year, the firm earned $0.51 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. 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 predict that Norwegian Cruise Line Holdings Ltd. will post 1.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital International Investors grew its holdings in shares of Norwegian Cruise Line by 7.1% during the fourth quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock valued at $1,253,886,000 after buying an additional 3,728,929 shares during the last quarter. State Street Corp increased its position in shares of Norwegian Cruise Line by 0.4% in the 4th quarter. State Street Corp now owns 16,304,827 shares of the company’s stock valued at $363,924,000 after acquiring an additional 66,329 shares during the period. Elliott Investment Management L.P. purchased a new position in Norwegian Cruise Line in the 1st quarter worth $246,578,000. Geode Capital Management LLC lifted its position in Norwegian Cruise Line by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock worth $271,951,000 after acquiring an additional 262,086 shares during the period. Finally, California State Teachers Retirement System lifted its position in Norwegian Cruise Line by 1,988.9% during the 2nd quarter. California State Teachers Retirement System now owns 11,122,247 shares of the company’s stock worth $234,791,000 after acquiring an additional 10,589,799 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

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.