Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Get Free Report) gapped up prior to trading on Thursday following insider buying activity. The stock had previously closed at $18.15, but opened at $19.20. Norwegian Cruise Line shares last traded at $19.17, with a volume of 6,059,969 shares.
Specifically, Director Stephen G. Pagliuca acquired 685,000 shares of Norwegian Cruise Line stock in a transaction dated Tuesday, June 2nd. The stock was purchased at an average cost of $18.06 per share, for a total transaction of $12,371,100.00. Following the completion of the purchase, the director directly owned 1,388,912 shares in the company, valued at $25,083,750.72. This trade represents a 97.31% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen G. Pagliuca bought 695,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were acquired at an average price of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the transaction, the director directly owned 703,912 shares of the company’s stock, valued at $12,783,041.92. This trade represents a 7,798.47% increase in their ownership of the stock. The SEC filing for this purchase provides additional information.
Analyst Ratings Changes
Several equities research analysts have commented on the company. Bank of America lowered their price objective on Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. UBS Group cut their price objective on Norwegian Cruise Line from $22.00 to $17.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Zacks Research downgraded shares of Norwegian Cruise Line from a “hold” rating to a “strong sell” rating in a research note on Friday, May 8th. Wells Fargo & Company lowered their price objective on Norwegian Cruise Line from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Finally, Wolfe Research reissued an “outperform” rating and issued a $25.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Hold” and an average price target of $20.95.
Key Headlines Impacting Norwegian Cruise Line
Here are the key news stories impacting Norwegian Cruise Line this week:
- Positive Sentiment: Director Stephen Pagliuca bought a combined 1.38 million shares over June 1-2, including a 685,000-share purchase at about $18.06 per share. The size of the buys signals strong insider confidence and can boost investor sentiment.
- Positive Sentiment: Loop Capital initiated coverage with a Buy rating and a $22 price target, suggesting upside from recent trading levels and helping support the stock.
- Positive Sentiment: The stock has also been trading with some momentum after its last earnings report, when NCLH beat EPS expectations, which continues to support the bullish narrative.
- Neutral Sentiment: Bernstein started coverage with a Market-Perform rating and an $18 target, essentially signaling fair value and limiting conviction either way. Bernstein bullish on top cruise pick Viking, Norwegian gets market-perform rating
- Neutral Sentiment: Management reportedly described 2027 as a “transition year” amid current pressures, reinforcing that near-term fundamentals may remain challenged before improving. Norwegian Cruise sees 2027 as ‘transition year’ despite current pressures
Norwegian Cruise Line Stock Performance
The stock has a 50 day simple moving average of $18.23 and a two-hundred day simple moving average of $20.27. The company has a market capitalization of $8.78 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 1.15 and a beta of 1.89. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the prior year, the company posted $0.07 earnings per share. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. As a group, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in NCLH. Capital International Investors increased its holdings in shares of Norwegian Cruise Line by 7.1% in the 4th quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock valued at $1,253,886,000 after acquiring an additional 3,728,929 shares during the period. Vanguard Group Inc. lifted its position in Norwegian Cruise Line by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 52,846,173 shares of the company’s stock valued at $1,179,527,000 after purchasing an additional 157,974 shares during the period. State Street Corp lifted its holdings 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 buying an additional 66,329 shares during the period. Elliott Investment Management L.P. purchased a new stake in shares of Norwegian Cruise Line during the 1st quarter worth $246,578,000. Finally, Geode Capital Management LLC boosted its holdings in Norwegian Cruise Line by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock worth $271,951,000 after buying an additional 262,086 shares in the last quarter. 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.
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