Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares traded 7.56% higher at $16.94 on Wall Street last session.
NCLH stock price is now -8.19% away from the 50-day moving average and -1.43% away from the 200-day moving average. The market capitalization of the company currently stands at $7.27B.
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With the price target of $21, Mizuho recently initiated with Neutral rating for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). On March 13, 2024, Goldman recently initiated its ‘Neutral’ rating on the stock quoting a target price of $19, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Kempa Mark, EVP & CFO sold 19,965 shares of the company’s stock on Mar 08 ’24. The stock was sold for $399,532 at an average price of $20.01. Upon completion of the transaction, the EVP & CFO now directly owns 268,386 shares in the company, valued at $4.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 15 ’23, EVP Gen. Counsel & Asst. Sec’y Farkas Daniel S sold 38,000 shares of the business’s stock. A total of $739,366 was realized by selling the stock at an average price of $19.46. This leaves the insider owning 244,261 shares of the company worth $4.14 million. A total of 1.14% of the company’s stock is owned by insiders.
During the past 12 months, Norwegian Cruise Line Holdings Ltd has had a low of $12.70 and a high of $22.75. As of last week, the company has a debt-to-equity ratio of 39.84, a current ratio of 0.24, and a quick ratio of 0.22. According to the stock market information, the enterprise value for the company is $21135181824, which is based on a 25.95 price-to-earnings ratio, a 0.53 price-to-earnings-growth ratio, and a beta of 2.62. The fifty day moving average price for NCLH is $18.3892 and a two-hundred day moving average price translates $17.17865 for the stock.
The latest earnings results from Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was released for 2024-03-31. According to the Travel Services Company, earnings per share came in at 0.3, beating analysts’ expectations of 0.27 by 0.03. This compares to -$0.38 EPS in the same period last year. The net profit margin was 3.84% and return on equity was 261.18% for NCLH. The company reported revenue of $2.19 billion for the quarter, compared to $1.82 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.27 percent. For the current quarter, analysts expect NCLH to generate $2.37B in revenue.
