Norwegian Cruise Line (NYSE:NCLH – Free Report) had its price objective cut by JPMorgan Chase & Co. from $17.00 to $13.00 in a report issued on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.
Other analysts also recently issued research reports about the stock. UBS Group boosted their price objective on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. Jefferies Financial Group increased their price objective on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Susquehanna restated a “neutral” rating and set a $17.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Monday, August 3rd. Finally, Wells Fargo & Company reduced their price target on shares of Norwegian Cruise Line from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $20.50.
Check Out Our Latest Report on NCLH
Norwegian Cruise Line Stock Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 earnings per share. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. Sell-side analysts predict that Norwegian Cruise Line will post 1.37 earnings per share for the current fiscal year.
Institutional Trading of Norwegian Cruise Line
Several hedge funds and other institutional investors have recently bought and sold shares of the company. One Capital Management LLC acquired a new stake in shares of Norwegian Cruise Line during the second quarter worth $2,370,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Norwegian Cruise Line in the 2nd quarter worth $2,744,000. TD Waterhouse Canada Inc. boosted its holdings in Norwegian Cruise Line by 12.0% in the second quarter. TD Waterhouse Canada Inc. now owns 42,807 shares of the company’s stock valued at $886,000 after acquiring an additional 4,570 shares during the last quarter. NEOS Investment Management LLC boosted its holdings in Norwegian Cruise Line by 11.4% in the second quarter. NEOS Investment Management LLC now owns 75,972 shares of the company’s stock valued at $1,604,000 after acquiring an additional 7,779 shares during the last quarter. Finally, Vanguard Capital Wealth Advisors purchased a new stake in Norwegian Cruise Line during the second quarter valued at about $692,000. 69.58% of the stock is owned by hedge funds and other institutional investors.
Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its three brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company offers ocean voyages to destinations around the world, including the Caribbean, Alaska, Europe, Asia, South America, Australia and New Zealand, and expedition regions.
Norwegian Cruise Line serves the contemporary and premium cruise markets and is known for its “Freestyle Cruising” approach, which emphasizes flexible dining and relaxed onboard experiences.
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