Norwegian Cruise Line Holdings Ltd. [NYSE: NCLH] jumped around 0.8 points on Tuesday, while shares priced at $27.04 at the close of the session, up 3.05%. The company report on October 6, 2021 that Oceania Cruises Unveils 2023 Europe & North America Collection.
New 2023 April – November Itineraries Are Open for Sale.
Oceania Cruises, the world’s leading culinary- and destination-focused cruise line opened its recently unveiled 2023 Europe and North America Collection of voyages for sale to the general public. Featuring seven ships sailing 179 itineraries, which call on more than 260 ports, this new collection is the line’s most expansive and diverse offering to date.
Norwegian Cruise Line Holdings Ltd. stock is now 6.33% up from its year-to-date (YTD) trading value. NCLH Stock saw the intraday high of $27.18 and lowest of $26.10 per share. The company’s 52-week high price is 34.49, which means current price is +27.07% above from all time high which was touched on 03/04/21.
Compared to the average trading volume of 14.85M shares, NCLH reached a trading volume of 10381612 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 $30.62 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 2.30. 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.
Wolfe Research have made an estimate for Norwegian Cruise Line Holdings Ltd. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 16, 2021. While these analysts kept the previous recommendation, Goldman raised their target price from $27 to $37. The new note on the price target was released on April 21, 2021, representing the official price target for Norwegian Cruise Line Holdings Ltd. stock.
The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd. is set at 1.09, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 434.11. The Price to Book ratio for the last quarter was 2.69, with the Price to Cash per share for the same quarter was set at 7.26.
How has NCLH stock performed recently?
Norwegian Cruise Line Holdings Ltd. [NCLH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.59. With this latest performance, NCLH shares gained by 6.88% in over the last four-week period, additionally sinking by -7.43% over the last 6 months – not to mention a rise of 49.56% 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 53.32, with the RSI for the last a single of trading hit 52.52, and the three-weeks RSI is set at 52.94 for Norwegian Cruise Line Holdings Ltd. [NCLH]. The present Moving Average for the last 50 days of trading for this stock 25.60, while it was recorded at 26.84 for the last single week of trading, and 27.35 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 -142.66 and a Gross Margin at -84.43. Norwegian Cruise Line Holdings Ltd.’s Net Margin is presently recorded at -313.50.
Return on Total Capital for NCLH is now -12.20, given the latest momentum, and Return on Invested Capital for the company is -27.67. Return on Equity for this stock declined to -73.83, with Return on Assets sitting at -22.87. 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 275.81. Additionally, NCLH Total Debt to Total Capital is recorded at 73.39, with Total Debt to Total Assets ending up at 65.27. Long-Term Debt to Equity for the company is recorded at 272.54, with the Long-Term Debt to Total Capital now at 72.52.
Reflecting on the efficiency of the workforce at the company, Norwegian Cruise Line Holdings Ltd. [NCLH] managed to generate an average of -$116,983 per employee. Receivables Turnover for the company is 26.75 with a Total Asset Turnover recorded at a value of 0.07.Norwegian Cruise Line Holdings Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.60.
Insider trade positions for Norwegian Cruise Line Holdings Ltd. [NCLH]
There are presently around $5,407 million, or 58.80% of NCLH stock, in the hands of institutional investors. The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 39,063,140, which is approximately 3.088% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 20,406,476 shares of the stock with an approximate value of $551.79 million in NCLH stocks shares; and STATE STREET CORP, currently with $312.58 million in NCLH stock with ownership of nearly 4.135% of the company’s market capitalization.
Positions in Norwegian Cruise Line Holdings Ltd. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 307 institutional holders increased their position in Norwegian Cruise Line Holdings Ltd. [NYSE:NCLH] by around 28,042,122 shares. Additionally, 204 investors decreased positions by around 30,515,829 shares, while 95 investors held positions by with 141,398,952 shares. The mentioned changes placed institutional holdings at 199,956,903 shares, according to the latest SEC report filing. NCLH stock had 82 new institutional investments in for a total of 7,956,633 shares, while 71 institutional investors sold positions of 7,974,968 shares during the same period.