Norwegian Cruise Line (NCLH) to Release Earnings on Wednesday

Norwegian Cruise Line (NYSE:NCLH) will be announcing its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.12 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.05). Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the prior year, the firm earned ($1.10) earnings per share. On average, analysts expect Norwegian Cruise Line to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Norwegian Cruise Line Stock Performance

Shares of NCLH opened at $19.18 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94. Norwegian Cruise Line has a 12 month low of $12.70 and a 12 month high of $22.75. The company’s fifty day moving average is $19.07 and its 200-day moving average is $17.45. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 68.50, a price-to-earnings-growth ratio of 0.40 and a beta of 2.60.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NCLH shares. Morgan Stanley upped their target price on Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 5th. The Goldman Sachs Group assumed coverage on shares of Norwegian Cruise Line in a research note on Wednesday, March 13th. They issued a “neutral” rating and a $19.00 target price on the stock. Mizuho began coverage on shares of Norwegian Cruise Line in a research report on Tuesday, March 26th. They set a “neutral” rating and a $21.00 target price for the company. Stifel Nicolaus reaffirmed a “buy” rating and issued a $25.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, April 9th. Finally, Barclays lifted their price objective on Norwegian Cruise Line from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $20.87.

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.