Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is -0.25% 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 $19.63 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $19.99, the stock is 13.55% and 12.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.79 million and changing 1.83% at the moment leaves the stock 15.15% off its SMA200. NCLH registered 30.82% gain for a year compared to 6-month gain of 21.22%. The firm has a 50-day simple moving average (SMA 50) of $2.59 and a 200-day simple moving average (SMA200) of $12.49.
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The stock witnessed a 14.95% loss in the last 1 month and extending the period to 3 months gives it a 9.96%, and is 3.63% 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 3.32% over the week and 3.82% over the month.
Norwegian Cruise Line Holdings Ltd (NCLH) has around 41000 employees, a market worth around $8.51B and $8.55B in sales. Current P/E ratio is 84.85 and Fwd P/E is 11.65. Profit margin for the company is 1.94%. Distance from 52-week low is 64.53% and -12.13% 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 $0.11 with sales reaching $2.25B over the same period.The EPS is expected to grow by 81.93% this year, but quarterly earnings will post 9.60% year-over-year. Quarterly sales are estimated to grow 23.50% in year-over-year returns.
Norwegian Cruise Line Holdings Ltd (NCLH) Top Institutional Holders
719 institutions hold shares in Norwegian Cruise Line Holdings Ltd (NCLH), with institutional investors hold 70.97% 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 70.43% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 48.67 million shares valued at $1.06 billion. The investor’s holdings represent 11.44% of the NCLH Shares outstanding. As of Jun 29, 2023, the second largest holder is Capital International Investors with 35.78 million shares valued at $778.87 million to account for 8.41% of the shares outstanding. The other top investors are Blackrock Inc. which holds 24.14 million shares representing 5.68% and valued at over $525.63 million, while State Street Corporation holds 3.31% of the shares totaling 14.09 million with a market value of $306.68 million.
Norwegian Cruise Line Holdings Ltd (NCLH) Insider Activity
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 ’23 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 ’23 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 ’23 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 ’23, 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).
