Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is 4.59% higher 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 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 $20.99 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $20.96, the stock is 12.66% and 17.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.06 million and changing -0.14% at the moment leaves the stock 16.12% off its SMA200. NCLH registered 33.84% gain for a year compared to 6-month loss of 2.04%. The firm has a 50-day simple moving average (SMA 50) of $17.908 and a 200-day simple moving average (SMA200) of $18.06475.
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The stock witnessed a 19.77% gain in the last 1 month and extending the period to 3 months gives it a 14.60%, and is 6.07% 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 3.20% over the week and 3.63% over the month.
Norwegian Cruise Line Holdings Ltd (NCLH) has around 41000 employees, a market worth around $9.22B and $9.09B in sales. Current P/E ratio is 26.73 and Fwd P/E is 10.83. Profit margin for the company is 4.62%. Distance from 52-week low is 64.97% and -3.54% from its 52-week high. The company has generated returns on investments over the last 12 months (3.17%).
with sales reaching $2.77B over the same period.The EPS is expected to grow by 123.62% this year, but quarterly earnings will post 10.00% year-over-year. Quarterly sales are estimated to grow 9.20% in year-over-year returns.
Norwegian Cruise Line Holdings Ltd (NCLH) Top Institutional Holders
771.0 institutions hold shares in Norwegian Cruise Line Holdings Ltd (NCLH), with institutional investors hold 68.46% of the company’s shares. The shares outstanding are 439.69M, and float is at 435.19M with Short Float at 6.74%. Institutions hold 68.02% 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
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Norwegian Cruise Line Holdings Ltd disclosed in a document filed with the SEC on Aug 27 ’24 that Farkas Daniel S (EVP GC, CDO & Sec’y) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Aug 27 ’24 and was made at $18.09 per share for $0.54 million. Following the transaction, the insider now directly holds 0.26 million shares of the NCLH stock.
Still, SEC filings show that on Aug 27 ’24, Sommer Harry (Pres. & CEO of NCLH) disposed off 25,000 shares at an average price of $18.09 for $0.45 million. The insider now directly holds 549,129 shares of Norwegian Cruise Line Holdings Ltd (NCLH).
