Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is 9.01% higher on its value in year-to-date trading and has touched a low of $8.08 and a high of $34.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NCLH stock was last observed hovering at around $27.59 in the last trading session, with the day’s gains setting it 0.13% off its average median price target of $31.50 for the next 12 months. It is also 30.7% off the consensus price target high of $40.00 offered by 16 analysts, but current levels are -26.0% lower than the price target low of $22.00 for the same period.
Currently trading at $27.72, the stock is -3.84% and 2.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.14 million and changing 0.47% at the moment leaves the stock 33.12% off its SMA200. NCLH registered 190.26% gain for a year compared to 6-month gain of 62.01%. The firm has a 50-day simple moving average (SMA 50) of $28.72 and a 200-day simple moving average (SMA200) of $23.10.
The stock witnessed a -16.33% loss in the last 1 month and extending the period to 3 months gives it a 8.11%, and is 6.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.02% over the week and 6.44% over the month.
Norwegian Cruise Line Holdings Ltd. (NCLH) has around 34300 employees, a market worth around $10.16B and $1.28B in sales. Fwd P/E is 53.51. Distance from 52-week low is 243.07% and -19.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.80%).
Norwegian Cruise Line Holdings Ltd. (NCLH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Norwegian Cruise Line Holdings Ltd. (NCLH) is a “Hold”. 16 analysts offering their recommendations for the stock have an average rating of 2.50, where 10 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Norwegian Cruise Line Holdings Ltd. is expected to release its quarterly report on 08/12/2021 and quarterly earnings per share for the current quarter are estimated at -$2.1 with sales reaching $11.02M over the same period.The EPS is expected to shrink by -466.60% this year, but quarterly earnings will post 11.00% year-over-year. Quarterly sales are estimated to shrink -99.10% in year-over-year returns.
Norwegian Cruise Line Holdings Ltd. (NCLH) Top Institutional Holders
661 institutions hold shares in Norwegian Cruise Line Holdings Ltd. (NCLH), with 1.8M shares held by insiders accounting for 0.57% while institutional investors hold 48.16% of the company’s shares. The shares outstanding are 368.32M, and float is at 314.14M with Short Float at 13.63%. Institutions hold 47.89% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 32.49 million shares valued at $826.19 million. The investor’s holdings represent 10.29% of the NCLH Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 17.18 million shares valued at $436.77 million to account for 5.44% of the shares outstanding. The other top investors are FMR, LLC which holds 10.22 million shares representing 3.24% and valued at over $259.96 million, while State Street Corporation holds 3.12% of the shares totaling 9.85 million with a market value of $250.58 million.
Norwegian Cruise Line Holdings Ltd. (NCLH) Insider Activity
A total of 49 insider transactions have happened at Norwegian Cruise Line Holdings Ltd. (NCLH) in the last six months, with sales accounting for 34 and purchases happening 15 times. The most recent transaction is an insider sale by Binder Robert ,the company’sVice Chair, Pres. & CEO OCI. SEC filings show that Binder Robert sold 91,484 shares of the company’s common stock on Dec 15 at a price of $24.76 per share for a total of $2.27 million. Following the sale, the insider now owns 0.23 million shares.
Norwegian Cruise Line Holdings Ltd. (NCLH): Who are the competitors?
The company’s main competitors (and peers) include Carnival Corporation & plc (CUK) that is trading 180.02% up over the past 12 months and Carnival Corporation & plc (CCL) that is 205.23% higher over the same period. Seacor Holdings Inc. (CKH) is 61.96% up on the 1-year trading charts. Short interest in the company’s stock has fallen -4.98% from the last report on Feb 11, 2021 to stand at a total of 44.94 million short shares sold with a short interest ratio of 1.41.