Zillah Byng-Thorne Acquires 29,008 Shares of Norwegian Cruise Line (NYSE:NCLH) Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Director Zillah Byng-Thorne purchased 29,008 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the acquisition, the director directly owned 66,017 shares in the company, valued at $1,195,567.87. The trade was a 78.38% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Norwegian Cruise Line Stock Performance

Shares of NCLH opened at $19.43 on Monday. The stock’s fifty day moving average price is $23.86 and its two-hundred day moving average price is $21.93. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The firm has a market cap of $8.85 billion, a PE ratio of 13.42, a PEG ratio of 0.71 and a beta of 2.22. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16.

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, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. 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 forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of institutional investors have recently bought and sold shares of the stock. Emerald Advisers LLC increased its stake in Norwegian Cruise Line by 251.7% during the 1st 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 in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Norwegian Cruise Line by 0.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,581,365 shares of the company’s stock worth $67,903,000 after purchasing an additional 33,549 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Norwegian Cruise Line by 1.2% in the first quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company’s stock worth $1,023,092,000 after purchasing an additional 653,279 shares during the last quarter. MQS Management LLC bought a new position in shares of Norwegian Cruise Line during the first quarter valued at $249,000. Finally, LBP AM SA boosted its position in shares of Norwegian Cruise Line by 138.1% during the second quarter. LBP AM SA now owns 452,917 shares of the company’s stock valued at $9,185,000 after buying an additional 262,714 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Truist Financial boosted their price target on shares of Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, September 19th. UBS Group increased their target price on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, August 26th. Bank of America lifted their price target 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. Stifel Nicolaus boosted their price objective on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. Finally, Wall Street Zen raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.68.

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.