Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Norwegian Cruise Line (NCLH) Stock Price
Press coverage about Norwegian Cruise Line (NASDAQ:NCLH) has trended somewhat positive on Friday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Norwegian Cruise Line earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.0970418374149 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- SeaWorld Entertainment, Inc. (SEAS) Jumps: Stock Rises 5.2% (finance.yahoo.com)
- Norwegian Cruise Line rings NYSE opening bell (travelweekly.com)
- Norwegian Cruise Line CEO: I'm very bullish on the cruise… (finance.yahoo.com)
- Norwegian Cruise Line Abandons NASDAQ Ship for NYSE (finance.yahoo.com)
- Investors Buy High Volume of Norwegian Cruise Line Call Options (NCLH) (americanbankingnews.com)
Norwegian Cruise Line (NASDAQ NCLH) traded up $1.69 on Friday, hitting $57.85. 2,057,632 shares of the company traded hands, compared to its average volume of 1,720,000. Norwegian Cruise Line has a 52-week low of $44.20 and a 52-week high of $61.48. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.31 and a current ratio of 0.34. The firm has a market cap of $13,220.00, a P/E ratio of 18.08, a PEG ratio of 0.56 and a beta of 1.09.
NCLH has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 price objective (down previously from $69.00) on shares of Norwegian Cruise Line in a research report on Thursday, October 19th. Tigress Financial reiterated a “buy” rating on shares of Norwegian Cruise Line in a research report on Monday, November 27th. Macquarie downgraded shares of Norwegian Cruise Line from a “neutral” rating to an “underperform” rating and set a $47.00 price objective for the company. in a research report on Thursday, November 30th. Finally, Barclays upped their price objective on shares of Norwegian Cruise Line from $64.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $63.00.
In other Norwegian Cruise Line news, CEO Jason Montague sold 15,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $55.08, for a total value of $826,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $54.11, for a total transaction of $270,550,000.00. The disclosure for this sale can be found here. 0.98% of the stock is owned by corporate insiders.
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Norwegian Cruise Line 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.
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