JPMorgan Chase & Co. Issues Pessimistic Forecast for Norwegian Cruise Line (NYSE:NCLH) Stock Price

Norwegian Cruise Line (NYSE:NCLH) had its price target cut by equities research analysts at JPMorgan Chase & Co. from $40.00 to $28.00 in a report issued on Tuesday, Marketbeat.com reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 33.23% from the company’s current price.

Several other equities research analysts have also issued reports on the company. Bank of America raised their target price on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Citigroup increased their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group lowered Norwegian Cruise Line from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $23.00 to $21.00 in a research report on Tuesday, December 9th. Barclays lowered their target price on Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Finally, Truist Financial cut their price objective on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $27.05.

Norwegian Cruise Line Trading Down 8.1%

Shares of Norwegian Cruise Line stock opened at $21.02 on Tuesday. The company has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22. The company has a 50-day simple moving average of $20.86 and a 200 day simple moving average of $22.77. Norwegian Cruise Line has a 12-month low of $14.21 and a 12-month high of $29.29. The stock has a market capitalization of $9.57 billion, a P/E ratio of 15.45, a price-to-earnings-growth ratio of 0.54 and a beta of 2.07.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.The company had revenue of $2.94 billion during 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 and its FY 2025 guidance at 2.100-2.100 EPS. Research analysts expect 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, Director Zillah Byng-Thorne acquired 29,008 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average price of $18.11 per share, with a total value of $525,334.88. Following the completion of the acquisition, the director owned 66,017 shares in the company, valued at approximately $1,195,567.87. This represents a 78.38% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Harry Sommer purchased 25,000 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $18.52 per share, for a total transaction of $463,000.00. Following the purchase, the chief executive officer directly owned 720,728 shares of the company’s stock, valued at $13,347,882.56. This trade represents a 3.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 90,029 shares of company stock valued at $1,663,575 in the last 90 days. Corporate insiders own 0.41% of the company’s stock.

Institutional Trading of Norwegian Cruise Line

Several hedge funds have recently added to or reduced their stakes in NCLH. Capital International Investors boosted its holdings in Norwegian Cruise Line by 0.9% during the third quarter. Capital International Investors now owns 52,448,740 shares of the company’s stock worth $1,291,812,000 after purchasing an additional 449,142 shares during the last quarter. State Street Corp raised its position in Norwegian Cruise Line by 3.3% during the 2nd quarter. State Street Corp now owns 16,299,409 shares of the company’s stock worth $330,552,000 after purchasing an additional 524,239 shares during the last quarter. Ariel Investments LLC increased its position in Norwegian Cruise Line by 36.2% during the 2nd quarter. Ariel Investments LLC now owns 12,369,377 shares of the company’s stock valued at $250,851,000 after purchasing an additional 3,288,207 shares during the period. Geode Capital Management LLC raised its stake in Norwegian Cruise Line by 3.3% during the second quarter. Geode Capital Management LLC now owns 11,636,194 shares of the company’s stock worth $235,532,000 after buying an additional 370,064 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Norwegian Cruise Line by 6.3% in the third quarter. Dimensional Fund Advisors LP now owns 6,606,640 shares of the company’s stock worth $162,723,000 after purchasing an additional 391,482 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

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.