Norwegian Cruise Line (NYSE:NCLH – Get Free Report) had its target price lowered by analysts at Stifel Nicolaus from $27.00 to $26.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 32.96% from the company’s current price.
Other research analysts also recently issued reports about the stock. Northcoast Research downgraded shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 6th. Loop Capital assumed coverage on Norwegian Cruise Line in a report on Monday, June 1st. They issued a “buy” rating and a $22.00 target price on the stock. Sanford C. Bernstein started coverage on Norwegian Cruise Line in a research note on Wednesday, June 3rd. They issued a “market perform” rating and a $18.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $18.00 price target on Norwegian Cruise Line in a report on Tuesday, May 5th. Finally, TD Cowen upped their price objective on Norwegian Cruise Line from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.60.
Check Out Our Latest Report on Norwegian Cruise Line
Norwegian Cruise Line Price Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating the consensus estimate 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 company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the previous year, the company earned $0.07 EPS. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. 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. As a group, research analysts forecast that Norwegian Cruise Line will post 1.51 EPS for the current year.
Insider Activity at Norwegian Cruise Line
In other news, CEO John Chidsey purchased 153,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the purchase, the chief executive officer owned 1,139,940 shares of the company’s stock, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen G. Pagliuca acquired 685,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were purchased at an average cost of $18.06 per share, for a total transaction of $12,371,100.00. Following the acquisition, the director owned 1,388,912 shares in the company, valued at $25,083,750.72. This represents a 97.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 1,592,467 shares of company stock worth $28,493,204. Corporate insiders own 0.25% of the company’s stock.
Hedge Funds Weigh In On Norwegian Cruise Line
A number of institutional investors and hedge funds have recently bought and sold shares of the company. SHP Wealth Management bought a new position in Norwegian Cruise Line in the fourth quarter valued at about $26,000. MUFG Securities EMEA plc bought a new stake in shares of Norwegian Cruise Line during the second quarter worth about $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $31,000. Clearstead Advisors LLC increased its stake 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 buying an additional 909 shares during the period. Finally, Aventura Private Wealth LLC acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 69.58% of the company’s stock.
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.
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