How should investors evaluate Norwegian Cruise Line Holdings Ltd (NYSE:NCLH)?

Stocks of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) traded higher last session on Wall Street, down -0.97% to $26.42.

NCLH stock price is now 16.25% away from the 50-day moving average and 38.68% away from the 200-day moving average. The market capitalization of the company currently stands at $11.50B.

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On October 09, 2024, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $20 to quote $30, while ‘Truist’ rates the stock as ‘Buy’

In other news, Ashby Faye L., SVP & Chief Accounting Officer sold 38,344 shares of the company’s stock on Nov 08 ’24. The stock was sold for $1,046,699 at an average price of $27.30. Upon completion of the transaction, the SVP & Chief Accounting Officer now directly owns 116,270 shares in the company, valued at $3.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, EVP & CFO Kempa Mark sold 15,000 shares of the business’s stock. A total of $417,918 was realized by selling the stock at an average price of $27.86. This leaves the insider owning 253,386 shares of the company worth $6.69 million. A total of 0.97% of the company’s stock is owned by insiders.

During the past 12 months, Norwegian Cruise Line Holdings Ltd has had a low of $14.10 and a high of $28.11. As of last week, the company has a debt-to-equity ratio of 12.41, a current ratio of 0.20, and a quick ratio of 0.17. The fifty day moving average price for NCLH is $22.7268 and a two-hundred day moving average price translates $19.05065 for the stock.

The latest earnings results from Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was released for 2024-09-30. The net profit margin was 5.87% and return on equity was 69.79% for NCLH. The company reported revenue of $2.81 billion for the quarter, compared to $2.54 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.67 percent.

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