Is Norwegian Cruise Line Holdings Ltd (NCLH) a good stock to buy now?

Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is 66.26% higher on its value in year-to-date trading and has touched a low of $11.76 and a high of $22.75 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 $20.95 in the last trading session, with the day’s loss setting it -0.6% off its average median price target of $17.75 for the next 12 months. It is also 18.6% off the consensus price target high of $25.00 offered by 19 analysts, but current levels are -50.74% lower than the price target low of $13.50 for the same period.

Currently trading at $20.35, the stock is 11.30% and 29.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.36 million and changing -2.86% at the moment leaves the stock 25.33% off its SMA200. NCLH registered 55.70% gain for a year compared to 6-month loss of 3.88%. The firm has a 50-day simple moving average (SMA 50) of $2.70 and a 200-day simple moving average (SMA200) of $16.03.

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The stock witnessed a 41.61% gain in the last 1 month and extending the period to 3 months gives it a 32.23%, and is 0.15% 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 3.34% over the week and 3.96% over the month.

Norwegian Cruise Line Holdings Ltd (NCLH) has around 38900 employees, a market worth around $8.66B and $8.08B in sales. Fwd P/E is 16.36. Profit margin for the company is -2.60%. Distance from 52-week low is 73.04% and -10.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.54%).

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 “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.32, where 10 rate it as a Hold and 1 think it is a “Overweight”. 7 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 02/22/2024.The EPS is expected to grow by 116.39% this year.

Norwegian Cruise Line Holdings Ltd (NCLH) Top Institutional Holders

The shares outstanding are 421.41M, and float is at 421.13M with Short Float at 12.64%.

Norwegian Cruise Line Holdings Ltd (NCLH) Insider Activity

A total of 9 insider transactions have happened at Norwegian Cruise Line Holdings Ltd (NCLH) in the last six months, with sales accounting for 4 and purchases happening 5 times. The most recent transaction is an insider sale by Farkas Daniel S,the company’sEVP Gen. Counsel & Asst. Sec’y. SEC filings show that Farkas Daniel S sold 38,000 shares of the company’s common stock on Jun 15 at a price of $19.46 per share for a total of $0.74 million. Following the sale, the insider now owns 0.24 million shares.

Norwegian Cruise Line Holdings Ltd disclosed in a document filed with the SEC on Jun 13 that Ashby Faye L. (SVP & Chief Accounting Officer) sold a total of 15,811 shares of the company’s common stock. The trade occurred on Jun 13 and was made at $19.45 per share for $0.31 million. Following the transaction, the insider now directly holds 0.17 million shares of the NCLH stock.

Still, SEC filings show that on Jun 12, Del Rio Frank J (Pres. & CEO) disposed off 300,000 shares at an average price of $18.44 for $5.53 million. The insider now directly holds 926,505 shares of Norwegian Cruise Line Holdings Ltd (NCLH).

Norwegian Cruise Line Holdings Ltd (NCLH): Who are the competitors?

The company’s main competitors (and peers) include Walt Disney Co. (DIS) that is trading 3.34% up over the past 12 months. Carnival Corp. (CCL) that is 138.28% higher over the same period.