Wells Fargo & Company Cuts Norwegian Cruise Line (NYSE:NCLH) Price Target to $32.00

Norwegian Cruise Line (NYSE:NCLHFree Report) had its target price reduced by Wells Fargo & Company from $33.00 to $32.00 in a research note released on Tuesday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research analysts also recently weighed in on the company. Jefferies Financial Group downgraded Norwegian Cruise Line from a “buy” rating to a “hold” rating and lowered their target price for the company from $26.00 to $20.00 in a report on Monday, December 15th. Zacks Research lowered shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Bank of America dropped their price objective on shares of Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Tuesday. Morgan Stanley set a $25.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday. Finally, Barclays downgraded shares of Norwegian Cruise Line from an “overweight” rating to an “equal weight” rating and set a $23.00 price target on the stock. in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and a consensus target price of $25.55.

View Our Latest Stock Report on Norwegian Cruise Line

Norwegian Cruise Line Trading Down 0.9%

Shares of NCLH stock opened at $20.92 on Tuesday. Norwegian Cruise Line has a 12-month low of $14.21 and a 12-month high of $27.18. The company has a current ratio of 0.21, a quick ratio of 0.17 and a debt-to-equity ratio of 6.21. The firm’s 50 day moving average is $22.70 and its 200 day moving average is $22.52. The stock has a market capitalization of $9.53 billion, a P/E ratio of 24.05, a P/E/G ratio of 0.55 and a beta of 2.00.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its earnings results on Monday, March 2nd. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.34 billion. Norwegian Cruise Line had a net margin of 4.31% and a return on equity of 50.05%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 EPS. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. Research analysts expect that Norwegian Cruise Line will post 1.48 earnings per share for the current year.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of hedge funds and other institutional investors have recently modified their holdings of NCLH. SHP Wealth Management bought a new stake in Norwegian Cruise Line in the 4th quarter valued at $26,000. MUFG Securities EMEA plc bought a new stake in shares of Norwegian Cruise Line in the second quarter worth about $26,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Norwegian Cruise Line in the fourth quarter worth about $31,000. Clearstead Advisors LLC lifted its position in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after buying an additional 909 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in Norwegian Cruise Line by 1,928.0% during the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after buying an additional 1,928 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

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Norwegian Cruise Line Company Profile

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Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

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