The closing price of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was $19.26 for the day, down -8.02% from the previous closing price of $20.94. On the day, 14851766 shares were traded.
Ratios:
Our analysis of NCLH’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 8.20B and an Enterprise Value of 21.85B. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.75, and their Forward P/E ratio for the next fiscal year is 11.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 27.25. Its current Enterprise Value per Revenue stands at 2.56 whereas that against EBITDA is 12.32.
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 18.48, while the 200-Day Moving Average is calculated to be 17.67.
Shares Statistics:
NCLH traded an average of 12.19M shares per day over the past three months and 10.53M shares per day over the past ten days. A total of 425.55M shares are outstanding, with a floating share count of 420.80M. Insiders hold about 1.14% of the company’s shares, while institutions hold 70.39% stake in the company. Shares short for NCLH as of Mar 15, 2024 were 38.17M with a Short Ratio of 3.13, compared to 40.64M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.97% and a Short% of Float of 10.16%.
Earnings Estimates
The firm’s stock currently is rated by 15 analysts. On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.06, while EPS last year was -$0.3. The consensus estimate for the next quarter is $0.31, with high estimates of $0.41 and low estimates of $0.23.
Analysts are recommending an EPS of between $1.85 and $0.79 for the fiscal current year, implying an average EPS of $1.26. EPS for the following year is $1.72, with 19 analysts recommending between $2.57 and $1.44.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $2.33B to a low estimate of $2.17B. As of the current estimate, Norwegian Cruise Line Holdings Ltd’s year-ago sales were $1.82B, an estimated increase of 23.10% from the year-ago figure.
A total of 16 analysts have provided revenue estimates for NCLH’s current fiscal year. The highest revenue estimate was $9.68B, while the lowest revenue estimate was $9.07B, resulting in an average revenue estimate of $9.34B. In the same quarter a year ago, actual revenue was $8.55B, up 9.30% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $10B in the next fiscal year. The high estimate is $10.36B and the low estimate is $9.68B. The average revenue growth estimate for next year is up 7.00% from the average revenue estimate for this year.
