Stocks of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) traded higher last session on Wall Street, up 0.91% to $16.60.
NCLH stock price is now -7.44% away from the 50-day moving average and -3.03% away from the 200-day moving average. The market capitalization of the company currently stands at $7.12B.
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With the price target enhanced from $20 to $21, Truist Upgraded its rating from Hold to Buy for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). On May 28, 2024, Mizuho Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $21 to quote $24, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Cil Jose E., Director bought 20,000 shares of the company’s stock on May 22 ’24. The stock was bought for $327,500 at an average price of $16.38. Upon completion of the transaction, the Director now directly owns 40,000 shares in the company, valued at $0.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 08 ’24, EVP & CFO Kempa Mark sold 19,965 shares of the business’s stock. A total of $399,532 was realized by selling the stock at an average price of $20.01. This leaves the insider owning 268,386 shares of the company worth $4.46 million. A total of 1.07% 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 $20989306880, which is based on a 25.43 price-to-earnings ratio, a 0.52 price-to-earnings-growth ratio, and a beta of 2.64. The fifty day moving average price for NCLH is $17.8618 and a two-hundred day moving average price translates $17.1137 for the stock.
The latest earnings results from Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was released for 2024-03-31. 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.
