Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is -14.62% lower on its value in year-to-date trading and has touched a low of $12.70 and a high of $21.73 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 $17.29 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $17.11, the stock is 3.31% and -3.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.41 million and changing -1.04% at the moment leaves the stock -3.88% off its SMA200. NCLH registered 2.70% gain for a year compared to 6-month loss of -14.58%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 10.39% gain in the last 1 month and extending the period to 3 months gives it a -7.21%, and is -4.94% down 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 3.11% over the week and 3.57% over the month.
Norwegian Cruise Line Holdings Ltd (NCLH) has around 41000 employees, a market worth around $7.52B and $9.09B in sales. Current P/E ratio is 21.82 and Fwd P/E is 8.95. Profit margin for the company is 4.62%. Distance from 52-week low is 34.67% and -21.26% from its 52-week high. The company has generated returns on investments over the last 12 months (3.17%).
The EPS is expected to grow by 122.10% this year
771.0 institutions hold shares in Norwegian Cruise Line Holdings Ltd (NCLH), with institutional investors hold 68.51% of the company’s shares. The shares outstanding are 439.69M, and float is at 435.08M with Short Float at 6.17%. Institutions hold 68.07% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 51.89 million shares valued at $975.09 million. The investor’s holdings represent 12.1588 of the NCLH Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 34.79 million shares valued at $653.66 million to account for 8.1507 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 28.49 million shares representing 6.6754 and valued at over $535.35 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 6.3003 of the shares totaling 26.89 million with a market value of $505.26 million.
Norwegian Cruise Line Holdings Ltd (NCLH) Insider Activity
The most recent transaction is an insider sale by Farkas Daniel S, the company’s EVP GC, CDO & Sec’y. SEC filings show that Farkas Daniel S sold 30,000 shares of the company’s common stock on Aug 27 ’24 at a price of $18.09 per share for a total of $0.54 million. Following the sale, the insider now owns 0.26 million shares.
Norwegian Cruise Line Holdings Ltd disclosed in a document filed with the SEC on Aug 27 ’24 that Sommer Harry (Pres. & CEO of NCLH) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Aug 27 ’24 and was made at $18.09 per share for $0.45 million. Following the transaction, the insider now directly holds 0.55 million shares of the NCLH stock.
Still, SEC filings show that on Aug 27 ’24, Harry J. Sommer (Officer) Proposed Sale 25,000 shares at an average price of $18.09 for $0.45 million. The insider now directly holds shares of Norwegian Cruise Line Holdings Ltd (NCLH).
