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Will Norwegian Cruise Line Holdings Ltd (NCLH) benefit from Wall Street bulls Calls?

Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is 36.63% higher on its value in year-to-date trading and has touched a low of $14.69 and a high of $28.64 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 $28.35 in the last trading session, with the day’s loss setting it -0.97%.

Currently trading at $27.38, the stock is 1.38% and 12.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.47 million and changing -3.42% at the moment leaves the stock 39.69% off its SMA200. NCLH registered 66.75% gain for a year compared to 6-month gain of 53.22%. The firm has a 50-day simple moving average (SMA 50) of $24.241 and a 200-day simple moving average (SMA200) of $19.5455.

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The stock witnessed a 10.05% loss in the last 1 month and extending the period to 3 months gives it a 58.36%, and is 0.85% 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 3.17% over the week and 3.34% over the month.

Norwegian Cruise Line Holdings Ltd (NCLH) has around 41000 employees, a market worth around $12.04B and $9.36B in sales. Current P/E ratio is 26.57 and Fwd P/E is 13.04. Profit margin for the company is 5.87%. Distance from 52-week low is 86.39% and -4.40% from its 52-week high. The company has generated returns on investments over the last 12 months (4.06%).

with sales reaching $2.1B over the same period.The EPS is expected to grow by 137.20% this year, but quarterly earnings will post 10.82% year-over-year. Quarterly sales are estimated to grow 5.77% in year-over-year returns.

Norwegian Cruise Line Holdings Ltd (NCLH) Top Institutional Holders

797.0 institutions hold shares in Norwegian Cruise Line Holdings Ltd (NCLH), with institutional investors hold 75.84% of the company’s shares. The shares outstanding are 439.70M, and float is at 435.43M with Short Float at 5.49%. Institutions hold 75.38% 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 Ashby Faye L., the company’s SVP & Chief Accounting Officer. SEC filings show that Ashby Faye L. sold 38,344 shares of the company’s common stock on Nov 08 ’24 at a price of $27.30 per share for a total of $1.05 million. Following the sale, the insider now owns 0.12 million shares.

Norwegian Cruise Line Holdings Ltd disclosed in a document filed with the SEC on Nov 06 ’24 that Kempa Mark (EVP & CFO) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Nov 06 ’24 and was made at $27.86 per share for $0.42 million. Following the transaction, the insider now directly holds 0.25 million shares of the NCLH stock.

Still, SEC filings show that on Nov 06 ’24, DeMarco Andrea (Pres. RSSC) disposed off 29,000 shares at an average price of $27.76 for $0.81 million. The insider now directly holds 97,304 shares of Norwegian Cruise Line Holdings Ltd (NCLH).

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