Norwegian Cruise Line (NYSE:NCLH) Sets New 12-Month Low – Here’s What Happened

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) shares reached a new 52-week low on Wednesday . The company traded as low as $14.19 and last traded at $14.2650, with a volume of 18316016 shares trading hands. The stock had previously closed at $14.72.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NCLH. Wells Fargo & Company reduced their target price on shares of Norwegian Cruise Line from $22.00 to $20.00 and set an “overweight” rating for the company in a research report on Friday, September 4th. UBS Group lifted their price target on shares of Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. The Goldman Sachs Group upped their price objective on Norwegian Cruise Line from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Sanford C. Bernstein assumed coverage on Norwegian Cruise Line in a report on Wednesday, June 3rd. They set a “market perform” rating and a $18.00 price objective for the company. Finally, Freedom Capital downgraded Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Norwegian Cruise Line currently has an average rating of “Hold” and a consensus price target of $20.95.

Norwegian Cruise Line Price Performance

The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 5.40. The stock has a market cap of $6.62 billion, a P/E ratio of 9.01, a price-to-earnings-growth ratio of 0.83 and a beta of 1.88. The business’s 50-day simple moving average is $17.80 and its two-hundred day simple moving average is $18.61.

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, topping the consensus estimate of $0.41 by $0.07. The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The company’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company earned $0.51 earnings per share. 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. Sell-side analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.37 EPS for the current year.

Institutional Investors Weigh In On Norwegian Cruise Line

Several institutional investors have recently made changes to their positions in NCLH. One Capital Management LLC bought a new stake in shares of Norwegian Cruise Line during the 2nd quarter valued at $2,370,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Norwegian Cruise Line during the 2nd quarter valued at about $2,744,000. TD Waterhouse Canada Inc. grew its holdings in Norwegian Cruise Line by 12.0% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 42,807 shares of the company’s stock valued at $886,000 after buying an additional 4,570 shares in the last quarter. NEOS Investment Management LLC increased its position in shares of Norwegian Cruise Line by 11.4% during the second quarter. NEOS Investment Management LLC now owns 75,972 shares of the company’s stock valued at $1,604,000 after buying an additional 7,779 shares during the period. Finally, Vanguard Capital Wealth Advisors purchased a new stake in shares of Norwegian Cruise Line in the second quarter worth about $692,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

About Norwegian Cruise Line

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.