Argus slashes price target on Norwegian Cruise Line Holdings Ltd [NCLH] – find out why.

Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] price surged by 0.37 percent to reach at $0.1.

The one-year NCLH stock forecast points to a potential upside of 6.44. The average equity rating for NCLH stock is currently 2.18, trading closer to a bullish pattern in the stock market.

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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 $28.71 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 2.18. 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.

Argus have made an estimate for Norwegian Cruise Line Holdings Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 04, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $20 to $30. The new note on the price target was released on October 09, 2024, representing the official price target for Norwegian Cruise Line Holdings Ltd stock. Previously, the target price had yet another raise from $20 to $21, while Truist kept a Buy rating on NCLH stock. On May 28, 2024, analysts increased their price target for NCLH shares from 21 to 24.

The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd is set at 0.95, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 1.27. The Price to Book ratio for the last quarter was 10.40, with the Price to Cash per share for the same quarter was set at 0.75. Price to Free Cash Flow for NCLH in the course of the last twelve months was 40.27 with Quick ratio for the last quarter at 0.17.

NCLH Stock Performance Analysis:

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 1.67. With this latest performance, NCLH shares gained by 15.68% in over the last four-week period, additionally plugging by 67.88% over the last 6 months – not to mention a rise of 86.66% 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 61.89, with the RSI for the last a single of trading hit 59.82, and the three-weeks RSI is set at 63.06 for Norwegian Cruise Line Holdings Ltd [NCLH]. The present Moving Average for the last 50 days of trading for this stock 23.52, while it was recorded at 26.42 for the last single week of trading, and 19.28 for the last 200 days.

Insight into Norwegian Cruise Line Holdings Ltd Fundamentals:

Norwegian Cruise Line Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 0.20.

NCLH Stock EPS

With the latest financial reports released by the company, Norwegian Cruise Line Holdings Ltd posted -0.18/share EPS, while the average EPS was predicted by analysts to be reported at -0.14/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.04. 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.

Norwegian Cruise Line Holdings Ltd [NCLH] Institutonal Ownership Details

There are presently around $75.39%, or 75.85%% of NCLH stock, in the hands of institutional investors. The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 51.89 million shares, which is approximately 12.1588%. CAPITAL INTERNATIONAL INVESTORS, holding 34.79 million shares of the stock with an approximate value of $$653.66 million in NCLH stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $$535.35 million in NCLH stock with ownership which is approximately 6.6754%.