Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $18.54 in the prior trading day, Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) closed at $19.54, up 5.39%. In other words, the price has increased by $5.39 from its previous closing price. On the day, 10.31 million shares were traded. NCLH stock price reached its highest trading level at $19.6087 during the session, while it also had its lowest trading level at $18.65.
Ratios:
Our goal is to gain a better understanding of NCLH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.16. In the meantime, Its Debt-to-Equity ratio is 48.96 whereas as Long-Term Debt/Eq ratio is at 43.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 26, 2024, initiated with a Neutral rating and assigned the stock a target price of $21.
On March 13, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $19.
Wells Fargo Downgraded its Overweight to Equal Weight on January 05, 2024, while the target price for the stock was maintained at $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 08 ’24 when Kempa Mark sold 19,965 shares for $20.01 per share. The transaction valued at 399,532 led to the insider holds 268,386 shares of the business.
Farkas Daniel S sold 38,000 shares of NCLH for $739,366 on Jun 15 ’23. The EVP Gen. Counsel & Asst. Sec’y now owns 244,261 shares after completing the transaction at $19.46 per share. On Jun 13 ’23, another insider, Ashby Faye L., who serves as the SVP & Chief Accounting Officer of the company, sold 15,811 shares for $19.45 each. As a result, the insider received 307,587 and left with 174,619 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NCLH now has a Market Capitalization of 8317338112 and an Enterprise Value of 22216071168. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 82.94, and their Forward P/E ratio for the next fiscal year is 11.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 27.64. Its current Enterprise Value per Revenue stands at 2.598 whereas that against EBITDA is 12.249.
Stock Price History:
Over the past 52 weeks, NCLH has reached a high of $22.75, while it has fallen to a 52-week low of $12.41. The 50-Day Moving Average of the stock is 4.53%, while the 200-Day Moving Average is calculated to be 11.19%.
Shares Statistics:
The stock has traded on average 12.05M shares per day over the past 3-months and 10534740 shares per day over the last 10 days, according to various share statistics. A total of 425.55M shares are outstanding, with a floating share count of 420.81M. Insiders hold about 1.14% of the company’s shares, while institutions hold 70.27% stake in the company. Shares short for NCLH as of 1711584000 were 37998145 with a Short Ratio of 3.15, compared to 1709164800 on 39833029. Therefore, it implies a Short% of Shares Outstanding of 37998145 and a Short% of Float of 10.11.
