Norwegian Cruise Line Holdings Ltd. [NCLH] stock Initiated by Barclays analyst, price target now $14

Norwegian Cruise Line Holdings Ltd. [NYSE: NCLH] stock went on an upward path that rose over 0.31% on Friday, amounting to a one-week price decrease of less than -4.88%. The company report on August 23, 2022 that Norwegian Cruise Line Holdings Announces Donation of Waterfront Parcel in Juneau to Alaska Native-owned Huna Totem Corporation for New Pier Development.


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Conversion of Parcel to New Pier and Welcome Center will Provide Significant Boost to Local Economy.

Partnership with Huna Totem Further Strengthens Company’s Position in Popular Alaska Cruise Market with Preferential Berthing Rights.

Over the last 12 months, NCLH stock dropped by -48.78%. The one-year Norwegian Cruise Line Holdings Ltd. stock forecast points to a potential upside of 30.84. The average equity rating for NCLH stock is currently 2.40, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $5.48 billion, with 419.11 million shares outstanding and 416.29 million shares in the current float. Compared to the average trading volume of 20.85M shares, NCLH stock reached a trading volume of 20402175 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $18.87 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 2.40. 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.

Barclays have made an estimate for Norwegian Cruise Line Holdings Ltd. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on June 29, 2022. While these analysts kept the previous recommendation, Susquehanna raised their target price to Positive. The new note on the price target was released on June 09, 2022, representing the official price target for Norwegian Cruise Line Holdings Ltd. stock. Previously, the target price had yet another raise to $27, while Wells Fargo analysts kept a Overweight rating on NCLH stock.

The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd. is set at 0.81, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 2.33. The Price to Book ratio for the last quarter was 6.07, with the Price to Cash per share for the same quarter was set at 4.53.

NCLH Stock Performance Analysis:

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 -4.88. With this latest performance, NCLH shares gained by 0.54% in over the last four-week period, additionally sinking by -24.96% over the last 6 months – not to mention a drop of -48.78% 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 48.38, with the RSI for the last a single of trading hit 45.41, and the three-weeks RSI is set at 48.98 for Norwegian Cruise Line Holdings Ltd. [NCLH]. The present Moving Average for the last 50 days of trading for this stock 12.66, while it was recorded at 13.23 for the last single week of trading, and 17.66 for the last 200 days.

Insight into Norwegian Cruise Line Holdings Ltd. 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 -386.77 and a Gross Margin at -249.20. Norwegian Cruise Line Holdings Ltd.’s Net Margin is presently recorded at -695.48.

Return on Equity for this stock declined to -132.81, with Return on Assets sitting at -24.28.

Norwegian Cruise Line Holdings Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

Norwegian Cruise Line Holdings Ltd. [NCLH] Insider Position Details

There are presently around $3,229 million, or 59.80% of NCLH stock, in the hands of institutional investors. The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 45,851,028, which is approximately 1.529% of the company’s market cap and around 0.80% of the total institutional ownership; CAPITAL INTERNATIONAL INVESTORS, holding 33,884,652 shares of the stock with an approximate value of $442.19 million in NCLH stocks shares; and BLACKROCK INC., currently with $304.01 million in NCLH stock with ownership of nearly 5.479% 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 246 institutional holders increased their position in Norwegian Cruise Line Holdings Ltd. [NYSE:NCLH] by around 39,382,441 shares. Additionally, 239 investors decreased positions by around 25,430,256 shares, while 109 investors held positions by with 182,646,771 shares. The mentioned changes placed institutional holdings at 247,459,468 shares, according to the latest SEC report filing. NCLH stock had 56 new institutional investments in for a total of 2,605,113 shares, while 92 institutional investors sold positions of 7,859,280 shares during the same period.

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