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Norwegian Cruise Line Holdings Ltd (NCLH) down -3.14% since start of the year

Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is -3.14% lower on its value in year-to-date trading and has touched a low of $12.41 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 gains setting it 0.02%.

Currently trading at $19.41, the stock is -2.47% and 4.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.04 million and changing 0.10% at the moment leaves the stock 9.70% off its SMA200. NCLH registered 48.39% gain for a year compared to 6-month gain of 16.58%. The firm has a 50-day simple moving average (SMA 50) of $2.56 and a 200-day simple moving average (SMA200) of $12.36.

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The stock witnessed a -2.90% loss in the last 1 month and extending the period to 3 months gives it a 9.29%, and is 0.78% 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 4.20% over the week and 3.63% over the month.

Norwegian Cruise Line Holdings Ltd (NCLH) has around 41000 employees, a market worth around $8.26B and $8.55B in sales. Current P/E ratio is 82.39 and Fwd P/E is 11.41. Profit margin for the company is 1.94%. Distance from 52-week low is 56.41% and -14.68% 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 $2.24B over the same period.The EPS is expected to grow by 81.95% this year, but quarterly earnings will post 9.30% year-over-year. Quarterly sales are estimated to grow 23.10% in year-over-year returns.

Norwegian Cruise Line Holdings Ltd (NCLH) Top Institutional Holders

718 institutions hold shares in Norwegian Cruise Line Holdings Ltd (NCLH), with institutional investors hold 71.11% of the company’s shares. The shares outstanding are 425.55M, and float is at 420.80M with Short Float at 9.07%. Institutions hold 70.57% 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 Kempa Mark,the company’sEVP & CFO. SEC filings show that Kempa Mark sold 19,965 shares of the company’s common stock on Mar 08 ’24 at a price of $20.01 per share for a total of $0.4 million. Following the sale, the insider now owns 0.27 million shares.

Norwegian Cruise Line Holdings Ltd disclosed in a document filed with the SEC on Jun 15 ’23 that Farkas Daniel S (EVP Gen. Counsel & Asst. Sec’y) sold a total of 38,000 shares of the company’s common stock. The trade occurred on Jun 15 ’23 and was made at $19.46 per share for $0.74 million. Following the transaction, the insider now directly holds 0.24 million shares of the NCLH stock.

Still, SEC filings show that on Jun 13 ’23, Ashby Faye L. (SVP & Chief Accounting Officer) disposed off 15,811 shares at an average price of $19.45 for $0.31 million. The insider now directly holds 174,619 shares of Norwegian Cruise Line Holdings Ltd (NCLH).

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