Norwegian Cruise Line (NYSE:NCLH) Receives Buy Rating from Stifel Nicolaus

Stifel Nicolaus restated their buy rating on shares of Norwegian Cruise Line (NYSE:NCLHFree Report) in a research note issued to investors on Tuesday morning, Benzinga reports. They currently have a $25.00 target price on the stock.

Several other analysts have also recently weighed in on the company. Mizuho began coverage on Norwegian Cruise Line in a report on Tuesday, March 26th. They set a neutral rating and a $21.00 price target on the stock. Citigroup reduced their target price on Norwegian Cruise Line from $23.00 to $19.00 and set a neutral rating on the stock in a report on Monday, February 12th. Tigress Financial reiterated a strong-buy rating and issued a $32.00 target price on shares of Norwegian Cruise Line in a report on Friday, December 15th. Susquehanna upped their target price on Norwegian Cruise Line from $20.00 to $21.00 and gave the company a neutral rating in a report on Wednesday, February 28th. Finally, Morgan Stanley upped their target price on Norwegian Cruise Line from $14.00 to $15.00 and gave the company an underweight rating in a report on Tuesday, March 5th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of Hold and an average price target of $20.87.

View Our Latest Report on Norwegian Cruise Line

Norwegian Cruise Line Stock Down 4.6 %

Shares of NYSE NCLH opened at $17.77 on Tuesday. The company has a current ratio of 0.22, a quick ratio of 0.19 and a debt-to-equity ratio of 40.94. The company has a market cap of $7.56 billion, a price-to-earnings ratio of 63.46, a PEG ratio of 0.39 and a beta of 2.60. Norwegian Cruise Line has a 12 month low of $12.41 and a 12 month high of $22.75. The stock has a 50-day moving average price of $18.67 and a two-hundred day moving average price of $17.26.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last issued its earnings results on Tuesday, February 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.05). The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.99 billion. Norwegian Cruise Line had a return on equity of 108.69% and a net margin of 1.94%. During the same period in the previous year, the firm posted ($1.10) EPS. As a group, analysts forecast that Norwegian Cruise Line will post 0.99 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Norwegian Cruise Line

Institutional investors and hedge funds have recently bought and sold shares of the stock. Capital Research Global Investors raised its stake in shares of Norwegian Cruise Line by 87.8% during the 4th quarter. Capital Research Global Investors now owns 57,049,928 shares of the company’s stock worth $1,143,285,000 after purchasing an additional 26,676,150 shares during the period. Vanguard Group Inc. raised its stake in shares of Norwegian Cruise Line by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 49,697,071 shares of the company’s stock worth $819,008,000 after purchasing an additional 1,031,053 shares during the period. BlackRock Inc. raised its stake in shares of Norwegian Cruise Line by 0.3% during the 1st quarter. BlackRock Inc. now owns 23,716,207 shares of the company’s stock worth $318,983,000 after purchasing an additional 77,389 shares during the period. Capital International Investors raised its stake in shares of Norwegian Cruise Line by 15.7% during the 1st quarter. Capital International Investors now owns 21,242,007 shares of the company’s stock worth $464,775,000 after purchasing an additional 2,875,079 shares during the period. Finally, State Street Corp raised its stake in shares of Norwegian Cruise Line by 4.3% during the 2nd quarter. State Street Corp now owns 14,087,436 shares of the company’s stock worth $306,683,000 after purchasing an additional 583,581 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Company Profile

(Get Free Report)

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.

Further Reading

Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.