Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) has been given a $65.00 target price by equities research analysts at Wedbush in a research report issued to clients and investors on Sunday. The firm currently has a “buy” rating on the stock. Wedbush’s price target indicates a potential upside of 17.60% from the company’s current price.

A number of other brokerages have also recently weighed in on NCLH. Nomura increased their price target on Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Buckingham Research raised their target price on Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Deutsche Bank AG raised their target price on Norwegian Cruise Line Holdings from $53.00 to $59.00 and gave the company a “hold” rating in a research report on Wednesday, August 9th. Zacks Investment Research cut Norwegian Cruise Line Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $69.00 target price on shares of Norwegian Cruise Line Holdings in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Norwegian Cruise Line Holdings has a consensus rating of “Buy” and a consensus price target of $62.80.

Shares of Norwegian Cruise Line Holdings (NASDAQ NCLH) opened at $55.27 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $12,618.06, a P/E ratio of 15.13, a PEG ratio of 0.56 and a beta of 1.12. Norwegian Cruise Line Holdings has a 1 year low of $38.50 and a 1 year high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its quarterly earnings results on Thursday, November 9th. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.82 by $0.04. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Norwegian Cruise Line Holdings had a return on equity of 16.97% and a net margin of 13.91%. The business’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.62 EPS. research analysts predict that Norwegian Cruise Line Holdings will post 3.82 earnings per share for the current fiscal year.

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In other Norwegian Cruise Line Holdings news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $54.57, for a total transaction of $306,956,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.98% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of NCLH. Aviance Capital Management LLC bought a new stake in shares of Norwegian Cruise Line Holdings during the 2nd quarter worth $103,000. Toronto Dominion Bank boosted its stake in shares of Norwegian Cruise Line Holdings by 12.4% during the 2nd quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock worth $106,000 after acquiring an additional 216 shares in the last quarter. BB&T Investment Services Inc. bought a new stake in shares of Norwegian Cruise Line Holdings during the 2nd quarter worth $121,000. Pacer Advisors Inc. bought a new stake in shares of Norwegian Cruise Line Holdings during the 2nd quarter worth $197,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Norwegian Cruise Line Holdings during the 3rd quarter worth $202,000. 86.19% of the stock is owned by hedge funds and other institutional investors.

Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

Analyst Recommendations for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

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