Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is -3.74% lower on its value in year-to-date trading and has touched a low of $12.15 and a high of $22.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NCLH stock was last observed hovering at around $19.39 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $19.29, the stock is 12.95% and 7.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.09 million and changing -0.52% at the moment leaves the stock 12.01% off its SMA200. NCLH registered 27.41% gain for a year compared to 6-month gain of 16.63%. The firm has a 50-day simple moving average (SMA 50) of $2.56 and a 200-day simple moving average (SMA200) of $12.33.
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The stock witnessed a 8.37% loss in the last 1 month and extending the period to 3 months gives it a 30.07%, and is 19.30% 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 5.33% over the week and 3.99% over the month.
Norwegian Cruise Line Holdings Ltd (NCLH) has around 41000 employees, a market worth around $8.21B and $8.55B in sales. Current P/E ratio is 81.88 and Fwd P/E is 11.28. Profit margin for the company is 1.94%. Distance from 52-week low is 58.77% and -15.21% from its 52-week high. The company has generated returns on investments over the last 12 months (1.25%).
Norwegian Cruise Line Holdings Ltd quarterly earnings per share for the current quarter are estimated at -$0.07 with sales reaching $2.14B over the same period.The EPS is expected to grow by 79.42% this year, but quarterly earnings will post 8.90% year-over-year. Quarterly sales are estimated to grow 17.60% in year-over-year returns.
Norwegian Cruise Line Holdings Ltd (NCLH) Top Institutional Holders
713 institutions hold shares in Norwegian Cruise Line Holdings Ltd (NCLH), with institutional investors hold 70.84% of the company’s shares. The shares outstanding are 425.55M, and float is at 421.02M with Short Float at 9.65%. Institutions hold 70.34% of the Float.
The top institutional shareholder in the company is Capital Research Global Investors with over 57.05 million shares valued at $1.1 billion. The investor’s holdings represent 13.41% of the NCLH Shares outstanding. As of Dec 30, 2023, the second largest holder is Vanguard Group Inc with 49.22 million shares valued at $949.37 million to account for 11.57% of the shares outstanding. The other top investors are Blackrock Inc. which holds 24.36 million shares representing 5.73% and valued at over $469.83 million, while Capital International Investors holds 4.73% of the shares totaling 20.11 million with a market value of $388.0 million.
Norwegian Cruise Line Holdings Ltd (NCLH) Insider Activity
A total of 2 insider transactions have happened at Norwegian Cruise Line Holdings Ltd (NCLH) in the last six months, with sales accounting for 0 and purchases happening 2 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 10.69% up over the past 12 months. Carnival Corp. (CCL) that is 44.01% higher over the same period.
