The closing price of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was $19.29 for the day, down -0.52% from the previous closing price of $19.39. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 12085001 shares were traded. NCLH stock price reached its highest trading level at $19.68 during the session, while it also had its lowest trading level at $19.08.
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.
On September 14, 2023, Redburn Atlantic Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $25.
Susquehanna Downgraded its Positive to Neutral on August 02, 2023, while the target price for the stock was maintained at $17.
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 Jun 15 when Farkas Daniel S sold 38,000 shares for $19.46 per share. The transaction valued at 739,366 led to the insider holds 244,261 shares of the business.
Ashby Faye L. sold 15,811 shares of NCLH for $307,587 on Jun 13. The SVP & Chief Accounting Officer now owns 174,619 shares after completing the transaction at $19.45 per share. On Jun 12, another insider, Del Rio Frank J, who serves as the Pres. & CEO of the company, sold 300,000 shares for $18.44 each. As a result, the insider received 5,532,600 and left with 926,505 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 8.21B and an Enterprise Value of 21.87B. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.88, and their Forward P/E ratio for the next fiscal year is 11.28. 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 27.29. Its current Enterprise Value per Revenue stands at 2.56 whereas that against EBITDA is 12.33.
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 17.86, while the 200-Day Moving Average is calculated to be 17.25.
Shares Statistics:
NCLH traded an average of 13.92M shares per day over the past three months and 16.92M shares per day over the past ten days. A total of 425.55M shares are outstanding, with a floating share count of 421.02M. Insiders hold about 1.09% of the company’s shares, while institutions hold 70.39% stake in the company. Shares short for NCLH as of Feb 15, 2024 were 40.64M with a Short Ratio of 2.92, compared to 38.01M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.55% and a Short% of Float of 10.82%.
Earnings Estimates
The firm’s stock currently is rated by 13 analysts. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of $0.13 and a low estimate of -$0.36, while EPS last year was -$0.3. The consensus estimate for the next quarter is $0.35, with high estimates of $0.46 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 $1.23. EPS for the following year is $1.71, with 17 analysts recommending between $2.57 and $1.25.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 12 analysts. It ranges from a high estimate of $2.33B to a low estimate of $1.98B. As of the current estimate, Norwegian Cruise Line Holdings Ltd’s year-ago sales were $1.82B, an estimated increase of 17.60% 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 $9.05B, resulting in an average revenue estimate of $9.31B. In the same quarter a year ago, actual revenue was $8.55B, up 8.90% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $9.99B in the next fiscal year. The high estimate is $10.36B and the low estimate is $9.6B. The average revenue growth estimate for next year is up 7.30% from the average revenue estimate for this year.
