The price of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) closed at $19.33 in the last session, down -2.72% from day before closing price of $19.87. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 8566075 shares were traded.
Ratios:
We take a closer look at NCLH’s different ratios to gain a better understanding of the stock. 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, Goldman on March 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $19.
On January 05, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $18.
Redburn Atlantic Upgraded its Neutral to Overweight on September 14, 2023, while the target price for the stock was maintained at $25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 8.23B and an Enterprise Value of 21.88B. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 82.05, and their Forward P/E ratio for the next fiscal year is 11.30. 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 27.35. Its current Enterprise Value per Revenue stands at 2.56 whereas that against EBITDA is 12.34.
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 $12.15. The 50-Day Moving Average of the stock is 17.76, while the 200-Day Moving Average is calculated to be 17.49.
Shares Statistics:
According to the various share statistics, NCLH traded on average about 13.11M shares per day over the past 3-months and 11.5M shares per day over the past 10 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 Feb 29, 2024 were 39.83M with a Short Ratio of 3.04, compared to 39.88M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.36% and a Short% of Float of 10.60%.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. 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 $0.32, 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 $1.27. EPS for the following year is $1.74, with 17 analysts recommending between $2.57 and $1.44.
Revenue Estimates
According to 12 analysts, the current quarter’s revenue is expected to be $2.25B. 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 23.40% from the year-ago figure.
A total of 14 analysts have provided revenue estimates for NCLH’s current fiscal year. The highest revenue estimate was $9.68B, while the lowest revenue estimate was $9.21B, resulting in an average revenue estimate of $9.36B. In the same quarter a year ago, actual revenue was $8.55B, up 9.50% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $10.02B in the next fiscal year. The high estimate is $10.36B and the low estimate is $9.82B. The average revenue growth estimate for next year is up 7.00% from the average revenue estimate for this year.
