Norwegian Cruise Line Holdings Ltd. [NYSE: NCLH] traded at a high on 08/11/20, posting a 3.37 gain after which it closed the day’ session at $15.64. The company report on August 6, 2020 that Norwegian Cruise Line Holdings Reports Second Quarter 2020 Financial Results.
Further Strengthened Liquidity Position with Highly Successful $1.5 Billion Triple-Tranche Capital Raise.
Company Well-Positioned to Withstand Prolonged Voyage Suspensions.
The results of the trading session contributed to over 54068886 shares changing hands. Over the past one week, the price volatility of Norwegian Cruise Line Holdings Ltd. stands at 7.26% while the volatility over the past one month is 6.68%.
The market cap for NCLH stock reached $4.08 billion, with 275.51 million shares outstanding and 273.73 million shares in the current float. Compared to the average trading volume of 59.76M shares, NCLH reached a trading volume of 54068886 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Norwegian Cruise Line Holdings Ltd. [NCLH]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NCLH shares is $16.77 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NCLH stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
SunTrust have made an estimate for Norwegian Cruise Line Holdings Ltd. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 14, 2020. While these analysts kept the previous recommendation, Macquarie dropped their target price from $21 to $17. The new note on the price target was released on July 14, 2020, representing the official price target for Norwegian Cruise Line Holdings Ltd. stock. Previously, the target price had yet another raise to $21, while Barclays analysts kept a Equal Weight rating on NCLH stock. On June 03, 2020, analysts decreased their price target for NCLH shares from 14 to 13.
The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd. is set at 1.12, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 0.65. The Price to Book ratio for the last quarter was 0.76, with the Price to Cash per share for the same quarter was set at 5.21. Price to Free Cash Flow for NCLH in the course of the last twelve months was 22.01 with Quick ratio for the last quarter at 0.50.
How has NCLH stock performed recently?
Norwegian Cruise Line Holdings Ltd. [NCLH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.34. With this latest performance, NCLH shares gained by 0.26% in over the last four-week period, additionally sinking by -70.20% over the last 6 months – not to mention a drop of -68.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NCLH stock in for the last two-week period is set at 51.93, with the RSI for the last a single of trading hit 61.22, and the three-weeks RSI is set at 51.27 for Norwegian Cruise Line Holdings Ltd. [NCLH]. The present Moving Average for the last 50 days of trading for this stock 16.68, while it was recorded at 14.54 for the last single week of trading, and 31.70 for the last 200 days.
Norwegian Cruise Line Holdings Ltd. [NCLH]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Norwegian Cruise Line Holdings Ltd. [NCLH] shares currently have an operating margin of +18.06 and a Gross Margin at +33.14. Norwegian Cruise Line Holdings Ltd.’s Net Margin is presently recorded at +14.39.
Return on Total Capital for NCLH is now 8.97, given the latest momentum, and Return on Invested Capital for the company is 7.58. Return on Equity for this stock inclined to 14.91, with Return on Assets sitting at 5.83. When it comes to the capital structure of this company, Norwegian Cruise Line Holdings Ltd. [NCLH] has a Total Debt to Total Equity ratio set at 108.17. Additionally, NCLH Total Debt to Total Capital is recorded at 51.96, with Total Debt to Total Assets ending up at 42.24. Long-Term Debt to Equity for the company is recorded at 96.12, with the Long-Term Debt to Total Capital now at 46.17.
Reflecting on the efficiency of the workforce at the company, Norwegian Cruise Line Holdings Ltd. [NCLH] managed to generate an average of $25,840 per employee. Receivables Turnover for the company is 99.15 with a Total Asset Turnover recorded at a value of 0.41.Norwegian Cruise Line Holdings Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.60.
Earnings analysis for Norwegian Cruise Line Holdings Ltd. [NCLH]
With the latest financial reports released by the company, Norwegian Cruise Line Holdings Ltd. posted 2.23/share EPS, while the average EPS was predicted by analysts to be reported at 2.16/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NCLH.
Insider trade positions for Norwegian Cruise Line Holdings Ltd. [NCLH]
There are presently around $2,387 million, or 66.30% of NCLH stock, in the hands of institutional investors. The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 24,379,948, which is approximately 2.858% of the company’s market cap and around 0.80% of the total institutional ownership; BLACKROCK INC., holding 14,170,000 shares of the stock with an approximate value of $221.62 million in NCLH stocks shares; and CAPITAL WORLD INVESTORS, currently with $188.41 million in NCLH stock with ownership of nearly -51.249% of the company’s market capitalization.
Positions in Norwegian Cruise Line Holdings Ltd. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 223 institutional holders increased their position in Norwegian Cruise Line Holdings Ltd. [NYSE:NCLH] by around 26,557,605 shares. Additionally, 260 investors decreased positions by around 83,498,548 shares, while 43 investors held positions by with 42,583,261 shares. The mentioned changes placed institutional holdings at 152,639,414 shares, according to the latest SEC report filing. NCLH stock had 93 new institutional investments in for a total of 14,002,139 shares, while 132 institutional investors sold positions of 18,819,315 shares during the same period.