Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] jumped around 0.36 points on Firday, while shares priced at $19.99 at the close of the session, up 1.83%. The company report on March 5, 2024 at 9:02 AM that Oceania Cruises Announces 2026 Around the World Voyage Aboard Its Newest Ship, Vista.
Set sail on an epic 180-day world journey across six continents visiting 43 countries, 101 ports and 81 UNESCO World Heritage sites.
Opening up the world to a new era of global exploration, Oceania Cruises, the world’s leading culinary- and destination-focused cruise line, welcomes guests on board its newest ship, Vista, for its highly anticipated inaugural 180-day 2026 Around the World voyage. Having set the standard for extraordinary sailings for over a decade with destination-immersive global journeys, Oceania Cruises sets a new bar with unparalleled comfort and convenience, electing Vista to host this year’s circumnavigation visiting 101 ports across 43 countries. Now open for preview, bookings for this unique, all-encompassing journey officially open on March 13, 2024.
Compared to the average trading volume of 13.25M shares, NCLH reached a trading volume of 10794312 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 $20.55 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 2.53. 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.
Wells Fargo 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 January 05, 2024. The new note on the price target was released on September 14, 2023, representing the official price target for Norwegian Cruise Line Holdings Ltd stock. Previously, the target price had yet another raise to $17, while Susquehanna analysts kept a Neutral rating on NCLH stock. On July 18, 2023, analysts increased their price target for NCLH shares from 17 to 23.
The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd is set at 0.77, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 1.00. The Price to Book ratio for the last quarter was 28.28, with the Price to Cash per share for the same quarter was set at 0.95.
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 3.63. With this latest performance, NCLH shares gained by 14.95% in over the last four-week period, additionally plugging by 21.22% over the last 6 months – not to mention a rise of 30.82% 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 67.13, with the RSI for the last a single of trading hit 71.44, and the three-weeks RSI is set at 63.52 for Norwegian Cruise Line Holdings Ltd [NCLH]. The present Moving Average for the last 50 days of trading for this stock 17.77, while it was recorded at 19.75 for the last single week of trading, and 17.39 for the last 200 days.
Norwegian Cruise Line Holdings Ltd [NCLH]: Deeper insight into the fundamentals
Norwegian Cruise Line Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.13 and a Current Ratio set at 0.16.
Earnings analysis for Norwegian Cruise Line Holdings Ltd [NCLH]
With the latest financial reports released by the company, Norwegian Cruise Line Holdings Ltd posted -0.3/share EPS, while the average EPS was predicted by analysts to be reported at -0.41/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 26.80%. 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]
The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in NCLH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in NCLH stock with ownership which is approximately 5.8325%.
