Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares traded 4.09% higher at $20.37 on Wall Street last session.
NCLH stock price is now 18.45% away from the 50-day moving average and 17.76% away from the 200-day moving average. The market capitalization of the company currently stands at $8.74B.
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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, Ashby Faye L., SVP & Chief Accounting Officer sold 19,582 shares of the company’s stock on Jun 05 ’24. The stock was sold for $360,614 at an average price of $18.42. Upon completion of the transaction, the SVP & Chief Accounting Officer now directly owns 163,579 shares in the company, valued at $3.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 31 ’24, Director Byng-Thorne Zillah bought 13,360 shares of the business’s stock. A total of $220,440 was incurred on buying the stock at an average price of $16.50. This leaves the insider owning 13,360 shares of the company worth $0.27 million. A total of 1.06% 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 $22.23. 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 $22606790656, which is based on a 31.20 price-to-earnings ratio, a 0.63 price-to-earnings-growth ratio, and a beta of 2.69. The fifty day moving average price for NCLH is $17.2854 and a two-hundred day moving average price translates $17.31805 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.
