Jonathan Cohen Buys 30,000 Shares of Norwegian Cruise Line (NYSE:NCLH) Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Director Jonathan Cohen acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average price of $15.83 per share, with a total value of $474,900.00. Following the transaction, the director owned 38,912 shares in the company, valued at $615,976.96. This represents a 336.62% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Norwegian Cruise Line Price Performance

NCLH opened at $16.30 on Friday. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.53 and a 12 month high of $27.18. The company has a fifty day simple moving average of $18.52 and a 200 day simple moving average of $20.34. The stock has a market cap of $7.48 billion, a P/E ratio of 13.70, a P/E/G ratio of 1.05 and a beta of 1.92.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same quarter in the prior year, the company earned $0.07 EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Hedge Funds Weigh In On Norwegian Cruise Line

Several hedge funds have recently modified their holdings of the stock. Capital International Investors grew its holdings in shares of Norwegian Cruise Line by 7.1% in the 4th quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock valued at $1,253,886,000 after acquiring an additional 3,728,929 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Norwegian Cruise Line by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 52,846,173 shares of the company’s stock valued at $1,179,527,000 after acquiring an additional 157,974 shares in the last quarter. State Street Corp grew its holdings in shares of Norwegian Cruise Line by 0.4% in the 4th quarter. State Street Corp now owns 16,304,827 shares of the company’s stock valued at $363,924,000 after acquiring an additional 66,329 shares in the last quarter. Elliott Investment Management L.P. bought a new position in shares of Norwegian Cruise Line in the 1st quarter valued at about $246,578,000. Finally, Geode Capital Management LLC lifted its stake in Norwegian Cruise Line by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock valued at $271,951,000 after purchasing an additional 262,086 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NCLH. Deutsche Bank Aktiengesellschaft set a $18.00 target price on Norwegian Cruise Line in a report on Tuesday, May 5th. Morgan Stanley lowered their target price on Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating for the company in a report on Tuesday, May 5th. Barclays lowered their target price on Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Tuesday, May 5th. Weiss Ratings upgraded Norwegian Cruise Line from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Susquehanna lowered their target price on Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Norwegian Cruise Line has a consensus rating of “Hold” and an average target price of $21.06.

More Norwegian Cruise Line News

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Director Jonathan Z. Cohen bought 30,000 shares of NCLH at $15.83, a notable insider purchase that can signal confidence in the company’s outlook. SEC filing
• Positive Sentiment: Truist Financial kept a buy rating on Norwegian Cruise Line, even while cutting its price target to $20 from $25, suggesting analysts still see upside from current levels.
• Positive Sentiment: Broad cruise-sector strength helped NCLH rally alongside peers such as Carnival and Frontier as investors rotated back into consumer-facing travel names. Yahoo Finance article
• Neutral Sentiment: Zacks Research raised some longer-term EPS estimates, but it maintained a Strong Sell rating, limiting the bullish impact of the revision.
• Negative Sentiment: Zacks also cut several near- and medium-term earnings estimates for NCLH, which may weigh on sentiment around future profitability.
• Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Norwegian Cruise Line investors, adding a modest legal overhang. PR Newswire article

Norwegian Cruise Line Company Profile

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.