Stella David Buys 6,986 Shares of Norwegian Cruise Line (NYSE:NCLH) Stock

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

Norwegian Cruise Line Trading Down 1.1%

NYSE:NCLH opened at $18.84 on Wednesday. The company has a market cap of $8.57 billion, a P/E ratio of 12.99, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The business has a 50 day moving average price of $23.62 and a two-hundred day moving average price of $21.95. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $2.94 billion for the quarter, compared to the consensus estimate 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. As a group, analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Institutional Trading of Norwegian Cruise Line

Hedge funds have recently made changes to their positions in the business. MUFG Securities EMEA plc bought a new stake in Norwegian Cruise Line in the 2nd quarter valued at $26,000. Sentry Investment Management LLC acquired a new position in shares of Norwegian Cruise Line in the second quarter valued at $31,000. New Age Alpha Advisors LLC bought a new position in shares of Norwegian Cruise Line in the first quarter valued at about $33,000. Laurel Wealth Advisors LLC raised its position in shares of Norwegian Cruise Line by 1,928.0% in the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after purchasing an additional 1,928 shares during the period. Finally, Bogart Wealth LLC lifted 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. 69.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NCLH. UBS Group increased their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 26th. TD Cowen began coverage on Norwegian Cruise Line in a report on Tuesday, July 22nd. They set a “buy” rating and a $31.00 target price 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 boosted their price target on Norwegian Cruise Line from $18.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus increased their price objective on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, September 11th. Three investment 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.47.

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.