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Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) closed the day trading at $23.40 down -2.17% from the previous closing price of $23.92. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 5.76 million shares were traded. NCLH stock price reached its highest trading level at $23.799 during the session, while it also had its lowest trading level at $23.245.
Ratios:
For a better understanding of NCLH, let’s 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, Citigroup on October 09, 2024, Upgraded its rating to Buy and sets its target price to $30 from $20 previously.
On May 29, 2024, Truist Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $20 to $21.
Mizuho Upgraded its Neutral to Buy on May 28, 2024, whereas the target price for the stock was revised from $21 to $24.
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 Oct 10 ’24 when Russell W. Galbut bought 125,275 shares for $20.80 per share.
Russell W. Galbut bought 200,000 shares of NCLH for $4,178,000 on Sep 23 ’24. On Aug 27 ’24, another insider, Farkas Daniel S, who serves as the EVP GC, CDO & Sec’y of the company, sold 30,000 shares for $18.09 each. As a result, the insider received 542,760 and left with 259,777 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 10288769024 and an Enterprise Value of 23808143360. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.84, and their Forward P/E ratio for the next fiscal year is 11.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 14.84. Its current Enterprise Value per Revenue stands at 2.62 whereas that against EBITDA is 11.057.
Stock Price History:
Over the past 52 weeks, NCLH has reached a high of $24.80, while it has fallen to a 52-week low of $12.70. The 50-Day Moving Average of the stock is 18.54%, while the 200-Day Moving Average is calculated to be 27.53%.
Shares Statistics:
Over the past 3-months, NCLH traded about 13.18M shares per day on average, while over the past 10 days, NCLH traded about 10222260 shares per day. 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 70.01% stake in the company. Shares short for NCLH as of 1727654400 were 26856301 with a Short Ratio of 2.04, compared to 1724976000 on 29346566. Therefore, it implies a Short% of Shares Outstanding of 26856301 and a Short% of Float of 8.1.
