Norwegian Cruise Line (NYSE:NCLH) Cut to Hold at Truist Financial

Truist Financial cut shares of Norwegian Cruise Line (NYSE:NCLHFree Report) from a buy rating to a hold rating in a research note published on Thursday morning, MarketBeat Ratings reports. The brokerage currently has $20.00 price objective on the stock.

Several other brokerages have also recently issued reports on NCLH. Wells Fargo & Company upped their target price on shares of Norwegian Cruise Line from $19.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Susquehanna cut their price target on shares of Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. The Goldman Sachs Group boosted their price target on shares of Norwegian Cruise Line from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Stifel Nicolaus decreased their price objective on shares of Norwegian Cruise Line from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, Loop Capital initiated coverage on shares of Norwegian Cruise Line in a research note on Monday, June 1st. They issued a “buy” rating and a $22.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line has an average rating of “Hold” and a consensus target price of $21.60.

View Our Latest Report on Norwegian Cruise Line

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH opened at $19.39 on Thursday. The company has a debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21. Norwegian Cruise Line has a fifty-two week low of $14.53 and a fifty-two week high of $27.18. The firm has a market capitalization of $8.90 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 1.15 and a beta of 1.87. The stock’s 50-day simple moving average is $19.04 and its 200-day simple moving average is $20.14.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last posted its earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.08. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.07 earnings per share. 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, equities research analysts forecast that Norwegian Cruise Line will post 1.51 EPS for the current fiscal year.

Insider Transactions at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Stephen G. Pagliuca purchased 685,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Tuesday, June 2nd. The stock was purchased at an average price of $18.06 per share, for a total transaction of $12,371,100.00. Following the transaction, 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Zillah Byng-Thorne purchased 4,452 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average price of $17.83 per share, with a total value of $79,379.16. Following the transaction, the director owned 25,742 shares in the company, valued at $458,979.86. The trade was a 20.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 1,592,467 shares of company stock valued at $28,493,204 over the last ninety days. 0.25% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. raised its holdings in shares of Norwegian Cruise Line by 2.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company’s stock valued at $404,000 after buying an additional 428 shares during the last quarter. Retirement Systems of Alabama grew its holdings in shares of Norwegian Cruise Line by 0.5% during the fourth quarter. Retirement Systems of Alabama now owns 96,848 shares of the company’s stock worth $2,162,000 after buying an additional 443 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Norwegian Cruise Line by 1.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company’s stock worth $1,164,000 after buying an additional 500 shares during the last quarter. New Mexico Educational Retirement Board increased its position in Norwegian Cruise Line by 2.5% in the 4th quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company’s stock valued at $462,000 after acquiring an additional 500 shares during the period. Finally, Prospera Financial Services Inc increased its position in Norwegian Cruise Line by 1.8% in the 4th quarter. Prospera Financial Services Inc now owns 28,603 shares of the company’s stock valued at $638,000 after acquiring an additional 502 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

  • Positive Sentiment: Some market commentary suggests NCLH could beat upcoming Q2 earnings expectations, which may support investor optimism ahead of the report. Article Title

About Norwegian Cruise Line

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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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