Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Consensus Rating of “Moderate Buy” from Brokerages

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) has earned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $29.19.

A number of equities analysts recently commented on NCLH shares. JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line from a “neutral” rating to an “overweight” rating and set a $30.00 target price on the stock in a research report on Monday. Citigroup lifted their target price on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. Loop Capital initiated coverage on shares of Norwegian Cruise Line in a report on Tuesday, February 4th. They issued a “hold” rating and a $26.00 price target on the stock. Wells Fargo & Company raised their price target on shares of Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Finally, Macquarie raised their price target on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a report on Thursday, March 6th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Avior Wealth Management LLC lifted its position in Norwegian Cruise Line by 34.1% during the 3rd quarter. Avior Wealth Management LLC now owns 1,686 shares of the company’s stock valued at $35,000 after acquiring an additional 429 shares during the period. United Capital Financial Advisors LLC lifted its position in Norwegian Cruise Line by 3.7% during the 4th quarter. United Capital Financial Advisors LLC now owns 13,928 shares of the company’s stock valued at $358,000 after acquiring an additional 498 shares during the period. Thrivent Financial for Lutherans lifted its position in Norwegian Cruise Line by 1.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 46,016 shares of the company’s stock valued at $944,000 after acquiring an additional 509 shares during the period. Mount Lucas Management LP lifted its position in Norwegian Cruise Line by 2.4% during the 3rd quarter. Mount Lucas Management LP now owns 22,055 shares of the company’s stock valued at $452,000 after acquiring an additional 516 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in Norwegian Cruise Line by 1.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 44,757 shares of the company’s stock valued at $918,000 after acquiring an additional 521 shares during the period. 69.58% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $20.03 on Tuesday. The stock has a market cap of $8.81 billion, a PE ratio of 18.37, a PEG ratio of 0.24 and a beta of 2.62. The company’s fifty day moving average is $24.97 and its 200 day moving average is $24.25. Norwegian Cruise Line has a 52 week low of $14.69 and a 52 week high of $29.29. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.