Why You Need Norwegian Cruise Line Holdings Ltd. (NCLH) On Your Watchlist


Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) saw an upside of 0.45% to close Monday at $15.52 after adding $0.07 on the day. The 5-day average trading volume is 15,792,500 shares of the company’s common stock. It has gained $16.36 in the past week and touched a new high 2 times within the past 5 days. An average of 14,441,625 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 14,119,526.

NCLH’s 1-month performance is 14.20% or $2.52 on its low of $11.76 reached on 01/03/23. The company’s shares have touched a 52-week low of $10.31 and high of $23.90, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, NCLH has achieved 26.80% or $3.28 and has reached a new high 10 times. However, the current price is down -35.06% from the 52-week high price.

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Insider Transactions

NCLH stock investors last saw insider trading activity on Nov 15.Del Rio Frank J (Pres. & CEO) most recently sold 58,072 shares at $18.33 per share on Nov 15. This transaction cost the insider $1,064,639. EVP & CFO, Kempa Mark, sold 25,000 shares at a price of $18.54 on Nov 15. Then, on Nov 14, EVP Gen. Counsel & Asst. Sec’y Farkas Daniel S sold 44,000 shares at a price of $17.93 per share. This transaction amounted to $788,700.

Valuation Metrics

NCLH stock has a beta of 2.49. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.64 while the price-to-book (PB) in the most recent quarter is 16.34.

Norwegian Cruise Line Holdings Ltd.’s quick ratio for the period ended September 29 was 0.40, with the current ratio over the same period at 0.50. As well, the company’s long term debt to equity for the quarter ending September 29 was 32.25, while the total debt to equity was 34.78. In terms of profitability, the gross margin trailing 12 months is 1.20%. The firm’s gross profit as reported stood at -$960.05 million against revenue of $647.99 million.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -143.0% to -$295.39 million, while revenue of -$509.32 million was -72.42% off the previous quarter. Analysts expected NCLH to announce -$0.7 per share in earnings in its latest quarter, but it posted -$0.64, representing a 8.60% surprise. EBITDA for the quarter stood at more than $16.87 million. NCLH stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 18.55 billion, with total debt at $14.64 billion. Shareholders hold equity totaling $421.4 million.

Let’s look briefly at Norwegian Cruise Line Holdings Ltd. (NCLH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 62.87% to suggest the stock is trending Neutral, with historical volatility in this time period at 50.85%.

The stock’s 5-day moving average is $15.46, reflecting a -0.70% or -$0.11 change from its current price. NCLH is currently trading +12.87% above its 20-day SMA, +14.37% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -10.19% and SMA200 by-30.06%.

Stochastic %K and %D was 75.87% and 78.09% and the average true range (ATR) pointed at 0.75. The RSI (14) points at 58.93%, while the 14-day stochastic is at 81.74% with the period’s ATR at 0.74. The stock’s 9-day MACD Oscillator is pointing at 0.03 and 0.90 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), Morgan Stanley downgraded it to an Underweight rating. They previously had an Equal-weight rating on the stock. Analysts offering their rating for NCLH stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate NCLH as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 have offered a “buy” rating.

What is NCLH’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $11.50 and a high of $21.00, with their median price target at $17.00. Looking at these predictions, the average price target given by analysts is for Norwegian Cruise Line Holdings Ltd. (NCLH) stock is $16.96.


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