Morgan Stanley Cuts Norwegian Cruise Line (NYSE:NCLH) Price Target to $24.00

Norwegian Cruise Line (NYSE:NCLH) had its target price decreased by Morgan Stanley from $25.00 to $24.00 in a report published on Wednesday morning,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

NCLH has been the subject of several other research reports. Mizuho cut their price objective on Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating for the company in a report on Monday. Zacks Research downgraded shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Barclays dropped their target price on shares of Norwegian Cruise Line from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday. Stifel Nicolaus decreased their price target on shares of Norwegian Cruise Line from $31.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Citigroup raised their price objective on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Two 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 stock. According to data from MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and an average price target of $25.55.

Norwegian Cruise Line Trading Down 4.1%

Shares of NCLH stock opened at $20.07 on Wednesday. The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.17 and a current ratio of 0.21. Norwegian Cruise Line has a 52-week low of $14.21 and a 52-week high of $27.18. The company has a market capitalization of $9.14 billion, a PE ratio of 23.07, a price-to-earnings-growth ratio of 0.54 and a beta of 2.00. The business’s fifty day moving average is $22.65 and its 200 day moving average is $22.49.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Monday, March 2nd. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The firm’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 earnings per share. 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. On average, equities research analysts anticipate that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NCLH. SHP Wealth Management purchased a new stake in shares of Norwegian Cruise Line in the 4th quarter valued at $26,000. MUFG Securities EMEA plc purchased a new position in Norwegian Cruise Line in the 2nd quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new position in Norwegian Cruise Line in the 4th quarter worth $31,000. Clearstead Advisors LLC lifted its stake in 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 purchasing an additional 909 shares during the last quarter. Finally, Aventura Private Wealth LLC purchased a new stake in Norwegian Cruise Line during the fourth quarter valued at about $42,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

About Norwegian Cruise Line

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.