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After finishing at $20.96 in the prior trading day, Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) closed at $20.19, down -3.67%. In other words, the price has decreased by -$3.67 from its previous closing price. On the day, 11.34 million shares were traded. NCLH stock price reached its highest trading level at $20.88 during the session, while it also had its lowest trading level at $20.165.
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 0.22 and its Current Ratio is at 0.24. In the meantime, Its Debt-to-Equity ratio is 20.36 whereas as Long-Term Debt/Eq ratio is at 18.13.
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 the company, Truist on May 29, 2024, Upgraded its rating to Buy and sets its target price to $21 from $20 previously.
On May 28, 2024, Mizuho Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $21 to $24.
On March 26, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $21.Mizuho initiated its Neutral rating on March 26, 2024, with a $21 target price.
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 Sep 23 ’24 when Russell W. Galbut bought 200,000 shares for $20.89 per share.
Farkas Daniel S sold 30,000 shares of NCLH for $542,760 on Aug 27 ’24. The EVP GC, CDO & Sec’y now owns 259,777 shares after completing the transaction at $18.09 per share. On Aug 27 ’24, another insider, Sommer Harry, who serves as the Pres. & CEO of NCLH of the company, sold 25,000 shares for $18.09 each. As a result, the insider received 452,358 and left with 549,129 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 8877362176 and an Enterprise Value of 22396733440. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.75, and their Forward P/E ratio for the next fiscal year is 10.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 12.81. Its current Enterprise Value per Revenue stands at 2.465 whereas that against EBITDA is 10.402.
Stock Price History:
Over the past 52 weeks, NCLH has reached a high of $21.73, while it has fallen to a 52-week low of $12.70. The 50-Day Moving Average of the stock is 12.74%, while the 200-Day Moving Average is calculated to be 11.76%.
Shares Statistics:
The stock has traded on average 12.88M shares per day over the past 3-months and 15956280 shares per day over the last 10 days, according to various share statistics. A total of 439.69M shares are outstanding, with a floating share count of 435.19M. Insiders hold about 1.02% of the company’s shares, while institutions hold 66.58% stake in the company. Shares short for NCLH as of 1724976000 were 29346566 with a Short Ratio of 2.21, compared to 1722384000 on 28603203. Therefore, it implies a Short% of Shares Outstanding of 29346566 and a Short% of Float of 8.85.
