Monday, March 8, 2021

Norwegian Cruise Line Holdings Ltd. [NCLH] stock Downgrade by Berenberg analyst, price target now $22

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Norwegian Cruise Line Holdings Ltd. [NYSE: NCLH] jumped around 1.71 points on Monday, while shares priced at $28.56 at the close of the session, up 6.37%. The company report on February 18, 2021 that Norwegian Cruise Line Holdings to Hold Conference Call on Fourth Quarter and Full Year 2020 Financial Results.

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Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings” or the “Company”) announced it will report fourth quarter and full year 2020 financial results on Thursday, February 25, 2021 at 7:00 a.m. Eastern Time with a conference call to discuss results at 10:00 a.m. Eastern Time. The conference call will be simultaneously webcast via the Company’s Investor Relations website, www.nclhltdinvestor.com. A replay of the webcast will be available at the same site for 30 days following the call.


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About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. stock is now 12.31% up from its year-to-date (YTD) trading value. NCLH Stock saw the intraday high of $29.79 and lowest of $26.91 per share. The company’s 52-week high price is 51.58, which means current price is +30.53% above from all time high which was touched on 02/22/21.

Compared to the average trading volume of 19.54M shares, NCLH reached a trading volume of 33942485 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 $23.58 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.

Berenberg 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 February 12, 2021. The new note on the price target was released on September 25, 2020, representing the official price target for Norwegian Cruise Line Holdings Ltd. stock. Previously, the target price had yet another drop from $14 to $13, while SunTrust kept a Hold rating on NCLH stock. On July 14, 2020, analysts decreased their price target for NCLH shares from 21 to 17.

The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd. is set at 1.35, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 3.08. The Price to Book ratio for the last quarter was 1.90, with the Price to Cash per share for the same quarter was set at 7.95.

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 21.33. With this latest performance, NCLH shares gained by 14.29% in over the last four-week period, additionally plugging by 83.31% over the last 6 months – not to mention a drop of -39.20% 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 70.65, with the RSI for the last a single of trading hit 77.86, and the three-weeks RSI is set at 65.93 for Norwegian Cruise Line Holdings Ltd. [NCLH]. The present Moving Average for the last 50 days of trading for this stock 24.82, while it was recorded at 26.25 for the last single week of trading, and 19.05 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 1.10 and a Current Ratio set at 1.10.

Earnings analysis for Norwegian Cruise Line Holdings Ltd. [NCLH]

With the latest financial reports released by the company, Norwegian Cruise Line Holdings Ltd. posted 0.73/share EPS, while the average EPS was predicted by analysts to be reported at 0.7/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.30%. 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 $4,762 million, or 54.20% of NCLH stock, in the hands of institutional investors. The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 32,488,699, which is approximately 13.084% of the company’s market cap and around 0.80% of the total institutional ownership; BLACKROCK INC., holding 17,175,194 shares of the stock with an approximate value of $490.52 million in NCLH stocks shares; and FMR LLC, currently with $291.96 million in NCLH stock with ownership of nearly 17159.712% of the company’s market capitalization.

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Positions in Norwegian Cruise Line Holdings Ltd. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 342 institutional holders increased their position in Norwegian Cruise Line Holdings Ltd. [NYSE:NCLH] by around 50,046,302 shares. Additionally, 154 investors decreased positions by around 22,130,827 shares, while 54 investors held positions by with 94,572,817 shares. The mentioned changes placed institutional holdings at 166,749,946 shares, according to the latest SEC report filing. NCLH stock had 164 new institutional investments in for a total of 17,204,684 shares, while 56 institutional investors sold positions of 5,565,614 shares during the same period.

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