Norwegian Cruise Line (NYSE:NCLH) Stock Gets Price Target Cut from Susquehanna

Norwegian Cruise Line (NYSE:NCLH) had its price target dropped by stock analysts at Susquehanna from $17.00 to $16.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna’s price target suggests a potential upside of 4.98% from the company’s previous close.

A number of other research firms also recently weighed in on NCLH. Bank of America restated a “neutral” rating on shares of Norwegian Cruise Line in a report on Friday, July 31st. TD Cowen upgraded Norwegian Cruise Line to a “strong-buy” rating in a research report on Tuesday, September 8th. UBS Group boosted their price objective on Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Citigroup decreased their price objective on Norwegian Cruise Line from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Finally, Wells Fargo & Company lowered their price objective on Norwegian Cruise Line from $20.00 to $18.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and sixteen have given a Hold rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line presently has a consensus rating of “Hold” and a consensus target price of $20.20.

Norwegian Cruise Line Stock Up 1.3%

Shares of NCLH opened at $15.24 on Tuesday. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 9.53, a price-to-earnings-growth ratio of 0.86 and a beta of 1.95. Norwegian Cruise Line has a 1 year low of $13.63 and a 1 year high of $25.13. The business’s 50 day simple moving average is $15.73 and its 200-day simple moving average is $17.82. The company has a debt-to-equity ratio of 5.40, a current ratio of 0.20 and a quick ratio of 0.17.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same period last year, the firm posted $0.51 earnings per share. Norwegian Cruise Line’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. As a group, equities analysts expect that Norwegian Cruise Line will post 1.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Norwegian Cruise Line

Several hedge funds have recently added to or reduced their stakes in the company. Elliott Investment Management L.P. purchased a new stake in Norwegian Cruise Line in the first quarter worth $246,578,000. Dimensional Fund Advisors LP lifted its position in shares of Norwegian Cruise Line by 7.7% during the first quarter. Dimensional Fund Advisors LP now owns 7,262,590 shares of the company’s stock worth $135,776,000 after purchasing an additional 518,790 shares during the last quarter. Hound Partners LLC boosted its stake in shares of Norwegian Cruise Line by 50.0% during the first quarter. Hound Partners LLC now owns 5,713,090 shares of the company’s stock valued at $106,835,000 after purchasing an additional 1,905,203 shares during the period. California Public Employees Retirement System boosted its stake in shares of Norwegian Cruise Line by 358.8% during the first quarter. California Public Employees Retirement System now owns 3,675,830 shares of the company’s stock valued at $68,738,000 after purchasing an additional 2,874,730 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Norwegian Cruise Line by 61.0% in the first quarter. Bank of America Corp DE now owns 2,566,087 shares of the company’s stock worth $47,986,000 after purchasing an additional 971,809 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its operating brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company provides cruise vacations to destinations worldwide, including Europe, the Caribbean, Alaska, Asia, South America, Australia and New Zealand.

Norwegian Cruise Line offers contemporary cruises with flexible dining, entertainment and onboard activities. Oceania Cruises focuses on destination-oriented, upscale travel and culinary experiences, while Regent Seven Seas Cruises provides an all-inclusive luxury cruise experience.