A Stock With Stellar Fundamentals? Norwegian Cruise Line Holdings Ltd (NYSE:NCLH): Is It Right For You?

In yesterday’s Wall Street session, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares traded at $18.08, up 3.61% from the previous session.

NCLH stock price is now 2.67% away from the 50-day moving average and 2.31% away from the 200-day moving average. The market capitalization of the company currently stands at $7.95B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

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, Harry J. Sommer, Officer bought 25,000 shares of the company’s stock on Aug 27 ’24. The stock was bought for $452,250 at an average price of $18.09. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 27 ’24, Officer Daniel Farkas bought 30,000 shares of the business’s stock. A total of $542,724 was incurred on buying the stock at an average price of $18.09. 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 $21.73. As of last week, the company has a debt-to-equity ratio of 20.36, 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 $21191979008, which is based on a 23.06 price-to-earnings ratio, a 0.45 price-to-earnings-growth ratio, and a beta of 2.71. The fifty day moving average price for NCLH is $17.6394 and a two-hundred day moving average price translates $17.69545 for the stock.

The latest earnings results from Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was released for 2024-06-30. The net profit margin was 4.62% and return on equity was 118.63% for NCLH. The company reported revenue of $2.37 billion for the quarter, compared to $2.21 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.57 percent.

Related Posts