Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] closed the trading session at $20.94. The company report on March 26, 2024 at 9:00 AM that Oceania Cruises Offers Free Pre-Cruise Hotel Stay on a Range of Sailings in 2024 and 2025.
Sailings explore destinations from Tokyo to Cape Town to Bali to Rio de Janeiro.
Oceania Cruises, the world’s leading culinary- and destination-focused cruise line, has announced that it will offer guests a free pre-cruise hotel stay on a range of sailings throughout late 2024 and 2025. The offer means that curious travelers will have the convenience of arriving a day before their cruise embarkation as well as the opportunity to delve even further into the departure port on their itinerary before relaxing in the comfort of Oceania Cruises’ small, luxurious ships.
The stocks have a year to date performance of 4.49 percent and weekly performance of 1.16 percent. The stock has been moved at 23.61 percent over the last six months. The stock has performed 7.99 percent around the most recent 30 days and changed 2.30 percent over the most recent 3-months.
If compared to the average trading volume of 12.25M shares, NCLH reached to a volume of 7179254 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $20.49 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 2.57. 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.
Mizuho have made an estimate for Norwegian Cruise Line Holdings Ltd shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 26, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on March 13, 2024, representing the official price target for Norwegian Cruise Line Holdings Ltd stock. Previously, the target price had yet another raise to $18, while Wells Fargo analysts kept a Equal Weight rating on NCLH stock.
The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd is set at 0.70, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 29.62, with the Price to Cash per share for the same quarter was set at 0.95.
NCLH stock trade performance evaluation
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 1.16. With this latest performance, NCLH shares gained by 7.99% in over the last four-week period, additionally plugging by 23.61% over the last 6 months – not to mention a rise of 59.12% 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 63.45, with the RSI for the last a single of trading hit 63.84, and the three-weeks RSI is set at 62.17 for Norwegian Cruise Line Holdings Ltd [NCLH]. The present Moving Average for the last 50 days of trading for this stock 18.41, while it was recorded at 20.78 for the last single week of trading, and 17.70 for the last 200 days.
Norwegian Cruise Line Holdings Ltd [NCLH]: An insightful look at the core 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 per share (EPS) analysis for Norwegian Cruise Line Holdings Ltd [NCLH] stock
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Norwegian Cruise Line Holdings Ltd go to 48.20%.
Norwegian Cruise Line Holdings Ltd [NCLH]: Institutional Ownership
The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in NCLH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in NCLH stock with ownership which is approximately 5.8386%.
