Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.53-0.57 for the period, compared to the Thomson Reuters consensus estimate of $0.57.

Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at 37.97 on Friday. The stock has a market capitalization of $8.62 billion, a PE ratio of 17.10 and a beta of 1.14. Norwegian Cruise Line Holdings Ltd. has a one year low of $34.16 and a one year high of $60.13. The stock has a 50 day moving average of $37.75 and a 200-day moving average of $41.00.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its quarterly earnings results on Wednesday, November 9th. The company reported $1.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.59 by $0.03. The business earned $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. Norwegian Cruise Line Holdings had a net margin of 11.09% and a return on equity of 16.47%. The business’s revenue was up 15.5% on a year-over-year basis. During the same period last year, the business earned $1.35 EPS. Equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.38 earnings per share for the current fiscal year.

Earnings History and Estimates for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

A number of equities research analysts recently weighed in on NCLH shares. Stifel Nicolaus lowered their price target on shares of Norwegian Cruise Line Holdings from $55.00 to $51.00 and set a buy rating for the company in a report on Wednesday, August 10th. Citigroup Inc. reaffirmed a buy rating and set a $58.00 price target on shares of Norwegian Cruise Line Holdings in a report on Tuesday, August 23rd. Nomura lowered their price target on shares of Norwegian Cruise Line Holdings from $50.00 to $48.00 and set a buy rating for the company in a report on Wednesday, August 10th. SunTrust Banks Inc. lowered shares of Norwegian Cruise Line Holdings from a buy rating to a hold rating and lowered their price target for the company from $52.00 to $43.00 in a report on Wednesday, October 19th. Finally, Deutsche Bank AG set a $44.00 price target on shares of Norwegian Cruise Line Holdings and gave the company a hold rating in a report on Thursday, September 29th. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of $51.06.

In other news, CEO Rio Frank J. Del acquired 55,623 shares of the business’s stock in a transaction that occurred on Wednesday, August 31st. The shares were purchased at an average cost of $35.96 per share, for a total transaction of $2,000,203.08. Following the transaction, the chief executive officer now directly owns 451,171 shares in the company, valued at approximately $16,224,109.16. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP T. Robin Lindsay acquired 12,000 shares of the business’s stock in a transaction that occurred on Friday, September 2nd. The stock was purchased at an average price of $35.90 per share, for a total transaction of $430,800.00. Following the completion of the transaction, the executive vice president now owns 72,647 shares in the company, valued at $2,608,027.30. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Norwegian Cruise Line Holdings by 0.9% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,925 shares of the company’s stock valued at $754,000 after buying an additional 178 shares in the last quarter. American International Group Inc. increased its stake in Norwegian Cruise Line Holdings by 4.1% in the second quarter. American International Group Inc. now owns 18,227 shares of the company’s stock worth $726,000 after buying an additional 710 shares during the period. AXA increased its stake in Norwegian Cruise Line Holdings by 0.5% in the second quarter. AXA now owns 211,000 shares of the company’s stock worth $8,406,000 after buying an additional 1,000 shares during the period. Cibc World Markets Corp increased its stake in Norwegian Cruise Line Holdings by 9.8% in the second quarter. Cibc World Markets Corp now owns 14,966 shares of the company’s stock worth $596,000 after buying an additional 1,336 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. increased its stake in Norwegian Cruise Line Holdings by 8.5% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 44,443 shares of the company’s stock worth $1,771,000 after buying an additional 3,500 shares during the period. Hedge funds and other institutional investors own 88.60% of the company’s stock.

Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths.

5 Day Chart for NASDAQ:NCLH

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