Norwegian Cruise Line (NYSE:NCLH) Shares Gap Up – Here’s Why

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) gapped up before the market opened on Tuesday. The stock had previously closed at $14.31, but opened at $15.11. Norwegian Cruise Line shares last traded at $14.9970, with a volume of 5,330,061 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Stifel Nicolaus decreased their price target on Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, July 31st. JPMorgan Chase & Co. dropped their price objective on Norwegian Cruise Line from $17.00 to $13.00 and set a “neutral” rating on the stock in a research note on Thursday, September 24th. Jefferies Financial Group increased their price objective on Norwegian Cruise Line from $16.00 to $18.00 and gave the company a “hold” rating in a report on Friday, July 17th. Sanford C. Bernstein initiated coverage on shares of Norwegian Cruise Line in a research note on Wednesday, June 3rd. They issued a “market perform” rating and a $18.00 target price for the company. Finally, Loop Capital assumed coverage on shares of Norwegian Cruise Line in a report on Monday, June 1st. They set a “buy” rating and a $22.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.50.

Norwegian Cruise Line Price Performance

The business has a fifty day moving average of $17.06 and a 200 day moving average of $18.28. The firm has a market cap of $6.87 billion, a P/E ratio of 9.33, a PEG ratio of 0.83 and a beta of 1.88. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 5.40.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.07. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%.The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same quarter in the prior year, the company earned $0.51 earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. On average, sell-side analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.37 earnings per share for the current year.

Institutional Investors Weigh In On Norwegian Cruise Line

Hedge funds have recently added to or reduced their stakes in the business. New Mexico Educational Retirement Board grew its stake in Norwegian Cruise Line by 2.5% in the 4th quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company’s stock valued at $462,000 after buying an additional 500 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Norwegian Cruise Line by 14.4% during the fourth quarter. IFP Advisors Inc now owns 4,217 shares of the company’s stock worth $94,000 after acquiring an additional 530 shares during the period. Glenmede Trust Co. NA boosted its holdings in shares of Norwegian Cruise Line by 4.0% during the first quarter. Glenmede Trust Co. NA now owns 19,497 shares of the company’s stock worth $365,000 after acquiring an additional 745 shares during the period. Root Financial Partners LLC grew its position in shares of Norwegian Cruise Line by 24.1% in the fourth quarter. Root Financial Partners LLC now owns 4,285 shares of the company’s stock valued at $96,000 after purchasing an additional 831 shares during the last quarter. Finally, Clearstead Advisors LLC grew 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 valued at $36,000 after purchasing an additional 909 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its three brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company offers ocean voyages to destinations around the world, including the Caribbean, Alaska, Europe, Asia, South America, Australia and New Zealand, and expedition regions.

Norwegian Cruise Line serves the contemporary and premium cruise markets and is known for its “Freestyle Cruising” approach, which emphasizes flexible dining and relaxed onboard experiences.