The price-to-earnings ratio for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) is above average at 75.42x. The 36-month beta value for NCLH is also noteworthy at 2.61. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 10 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for NCLH is 420.81M, and at present, short sellers hold a 9.03% of that float. The average trading volume of NCLH on April 15, 2024 was 12.02M shares.
NCLH) stock’s latest price update
The stock price of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) has dropped by -4.62 compared to previous close of 18.63. Despite this, the company has seen a fall of -5.93% in its stock price over the last five trading days. CNBC Television reported 2024-04-09 that Harry Sommer, CEO of Norwegian Cruise Line, joins CNBC’s ‘The Exchange’ to discuss Norwegian’s new ship order, travel trends, and more.
NCLH’s Market Performance
NCLH’s stock has fallen by -5.93% in the past week, with a monthly drop of -10.57% and a quarterly rise of 1.48%. The volatility ratio for the week is 3.80% while the volatility levels for the last 30 days are 3.58% for Norwegian Cruise Line Holdings Ltd The simple moving average for the last 20 days is -10.08% for NCLH’s stock, with a simple moving average of 0.44% for the last 200 days.
Analysts’ Opinion of NCLH
Many brokerage firms have already submitted their reports for NCLH stocks, with Mizuho repeating the rating for NCLH by listing it as a “Neutral.” The predicted price for NCLH in the upcoming period, according to Mizuho is $21 based on the research report published on March 26, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see NCLH reach a price target of $19. The rating they have provided for NCLH stocks is “Neutral” according to the report published on March 13th, 2024.
Wells Fargo gave a rating of “Equal Weight” to NCLH, setting the target price at $18 in the report published on January 05th of the current year.
NCLH Trading at -4.65% from the 50-Day Moving Average
After a stumble in the market that brought NCLH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.89% of loss for the given period.
Volatility was left at 3.58%, however, over the last 30 days, the volatility rate increased by 3.80%, as shares sank -8.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.17% lower at present.
During the last 5 trading sessions, NCLH fell by -5.93%, which changed the moving average for the period of 200-days by -9.29% in comparison to the 20-day moving average, which settled at $19.68. In addition, Norwegian Cruise Line Holdings Ltd saw -11.33% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NCLH starting from Kempa Mark, who sale 19,965 shares at the price of $20.01 back on Mar 08 ’24. After this action, Kempa Mark now owns 268,386 shares of Norwegian Cruise Line Holdings Ltd, valued at $399,532 using the latest closing price.
Farkas Daniel S, the EVP Gen. Counsel & Asst. Sec’y of Norwegian Cruise Line Holdings Ltd, sale 38,000 shares at $19.46 during a trade that took place back on Jun 15 ’23, which means that Farkas Daniel S is holding 244,261 shares at $739,366 based on the most recent closing price.
Stock Fundamentals for NCLH
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.36 for the gross margin
The net margin for Norwegian Cruise Line Holdings Ltd stands at 0.02. The total capital return value is set at 0.07. Equity return is now at value 89.97, with 0.87 for asset returns.
Based on Norwegian Cruise Line Holdings Ltd (NCLH), the company’s capital structure generated 0.98 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 46.81. The interest coverage ratio of the stock is 2.77.
Currently, EBITDA for the company is 250.22 million with net debt to EBITDA at 10.52. When we switch over and look at the enterprise to sales, we see a ratio of 2.56. The receivables turnover for the company is 30.51for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.16.
Conclusion
In summary, Norwegian Cruise Line Holdings Ltd (NCLH) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
