Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) has a price-to-earnings ratio that is above its average at 25.37x. The stock has a 36-month beta value of 2.69. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 10 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for NCLH is 424.49M, and at present, short sellers hold a 5.86% of that float. On June 17, 2024, the average trading volume of NCLH was 13.26M shares.
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NCLH) stock’s latest price update
Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) has seen a decline in its stock price by -7.49 in relation to its previous close of 17.90. However, the company has experienced a -6.91% decline in its stock price over the last five trading sessions. 247wallst.com reported 2024-06-15 that Cruise ship stocks aren’t for the faint of heart. They have a way of making investors queasy, but they’ve also proven to be rewarding at times.
NCLH’s Market Performance
NCLH’s stock has fallen by -6.91% in the past week, with a monthly rise of 5.34% and a quarterly drop of -14.64%. The volatility ratio for the week is 3.50% while the volatility levels for the last 30 days are 3.59% for Norwegian Cruise Line Holdings Ltd The simple moving average for the past 20 days is -2.55% for NCLH’s stock, with a -3.45% simple moving average for the past 200 days.
Analysts’ Opinion of NCLH
Many brokerage firms have already submitted their reports for NCLH stocks, with Truist repeating the rating for NCLH by listing it as a “Buy.” The predicted price for NCLH in the upcoming period, according to Truist is $21 based on the research report published on May 29, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see NCLH reach a price target of $24, previously predicting the price at $21. The rating they have provided for NCLH stocks is “Buy” according to the report published on May 28th, 2024.
Mizuho gave a rating of “Neutral” to NCLH, setting the target price at $21 in the report published on March 26th of the current year.
NCLH Trading at -4.81% 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 -27.21% of loss for the given period.
Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 3.50%, as shares surge +4.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.06% lower at present.
During the last 5 trading sessions, NCLH fell by -6.91%, which changed the moving average for the period of 200-days by -2.07% in comparison to the 20-day moving average, which settled at $17.03. In addition, Norwegian Cruise Line Holdings Ltd saw -17.37% 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 Ashby Faye L., who sale 19,582 shares at the price of $18.42 back on Jun 05 ’24. After this action, Ashby Faye L. now owns 163,579 shares of Norwegian Cruise Line Holdings Ltd, valued at $360,614 using the latest closing price.
Byng-Thorne Zillah, the Director of Norwegian Cruise Line Holdings Ltd, purchase 13,360 shares at $16.50 during a trade that took place back on May 31 ’24, which means that Byng-Thorne Zillah is holding 13,360 shares at $220,440 based on the most recent closing price.
Stock Fundamentals for NCLH
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.35 for the gross margin
The net margin for Norwegian Cruise Line Holdings Ltd stands at 0.04. The total capital return value is set at 0.09. Equity return is now at value 261.18, with 1.80 for asset returns.
Based on Norwegian Cruise Line Holdings Ltd (NCLH), the company’s capital structure generated 0.97 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 38.05. The interest coverage ratio of the stock is 3.03.
Currently, EBITDA for the company is 250.22 million with net debt to EBITDA at 8.56. When we switch over and look at the enterprise to sales, we see a ratio of 2.35. The receivables turnover for the company is 31.59for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.24.
Conclusion
To sum up, Norwegian Cruise Line Holdings Ltd (NCLH) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
