Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) was $16.08 for the day, down -15.01% from the previous closing price of $18.92. In other words, the price has decreased by -$15.01 from its previous closing price. On the day, 51.66 million shares were traded. NCLH stock price reached its highest trading level at $18.09 during the session, while it also had its lowest trading level at $15.99.
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 6898737664 and an Enterprise Value of 22377822208. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 68.25, and their Forward P/E ratio for the next fiscal year is 9.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 22.75. Its current Enterprise Value per Revenue stands at 2.617 whereas that against EBITDA is 12.338.
Stock Price History:
The Beta on a monthly basis for NCLH is 2.60, which has changed by 0.16945457 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, NCLH has reached a high of $22.75, while it has fallen to a 52-week low of $12.70. The 50-Day Moving Average of the stock is -15.49%, while the 200-Day Moving Average is calculated to be -8.11%.
Shares Statistics:
NCLH traded an average of 12.05M shares per day over the past three months and 15036800 shares per day over the past ten days. A total of 425.55M shares are outstanding, with a floating share count of 420.81M. Insiders hold about 1.14% of the company’s shares, while institutions hold 70.18% stake in the company. Shares short for NCLH as of 1713139200 were 36025691 with a Short Ratio of 2.99, compared to 1710460800 on 38171753. Therefore, it implies a Short% of Shares Outstanding of 36025691 and a Short% of Float of 9.59.
Earnings Estimates
The market rating of Norwegian Cruise Line Holdings Ltd (NCLH) is currently shaped by the ongoing analysis conducted by 15.0 analysts closely monitoring its performance.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 $0.24.
Analysts are recommending an EPS of between $1.85 and $1.17 for the fiscal current year, implying an average EPS of $1.3. EPS for the following year is $1.73, with 19.0 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 $1.82BFor the next quarter, 14 analysts are estimating revenue of $2.36B. There is a high estimate of $2.47B for the next quarter, whereas the lowest estimate is $2.2B.
A total of 18 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 $9.36B. In the same quarter a year ago, actual revenue was $8.55BBased on 18 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 $9.68B.
