Norwegian Cruise Line (NYSE:NCLH) Downgraded to Hold Rating by Mizuho

Norwegian Cruise Line (NYSE:NCLH) was downgraded by stock analysts at Mizuho from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

A number of other brokerages also recently issued reports on NCLH. Bank of America reiterated a “neutral” rating on shares of Norwegian Cruise Line in a research report on Friday, July 31st. Jefferies Financial Group upped their price objective on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft set a $17.00 target price on shares of Norwegian Cruise Line in a research note on Friday, July 31st. JPMorgan Chase & Co. cut their price target on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Finally, Wells Fargo & Company decreased their price target on shares of Norwegian Cruise Line from $25.00 to $22.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and sixteen have given a Hold rating to the company’s stock. According to MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Hold” and a consensus price target of $21.05.

Norwegian Cruise Line Trading Down 3.1%

Norwegian Cruise Line stock opened at $17.62 on Tuesday. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line has a fifty-two week low of $14.53 and a fifty-two week high of $27.18. The stock has a market cap of $8.09 billion, a P/E ratio of 11.02, a PEG ratio of 1.19 and a beta of 1.90. The firm’s fifty day moving average price is $19.67 and its 200-day moving average price is $19.76.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.07. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%.The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same quarter last year, the company earned $0.51 earnings per share. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. Equities research analysts forecast that Norwegian Cruise Line will post 1.44 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Stephen G. Pagliuca bought 695,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was bought at an average price of $18.16 per share, for a total transaction of $12,621,200.00. Following the transaction, the director directly owned 703,912 shares of the company’s stock, valued at $12,783,041.92. This represents a 7,798.47% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John Chidsey bought 153,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average cost of $16.37 per share, with a total value of $2,504,610.00. Following the purchase, the chief executive officer owned 1,139,940 shares of the company’s stock, valued at $18,660,817.80. This represents a 15.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 1,533,000 shares of company stock worth $27,496,910 over the last quarter. Corporate insiders own 0.25% of the company’s stock.

Institutional Investors Weigh In On Norwegian Cruise Line

A number of hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. increased its position in shares of Norwegian Cruise Line by 2.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company’s stock valued at $404,000 after purchasing an additional 428 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in Norwegian Cruise Line by 1.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company’s stock worth $1,164,000 after buying an additional 500 shares during the last quarter. New Mexico Educational Retirement Board lifted its position in Norwegian Cruise Line by 2.5% in the fourth quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company’s stock worth $462,000 after buying an additional 500 shares during the last quarter. Prospera Financial Services Inc boosted its stake in Norwegian Cruise Line by 1.8% during the fourth quarter. Prospera Financial Services Inc now owns 28,603 shares of the company’s stock worth $638,000 after buying an additional 502 shares during the period. Finally, IFP Advisors Inc increased its position in Norwegian Cruise Line by 14.4% during the fourth quarter. IFP Advisors Inc now owns 4,217 shares of the company’s stock valued at $94,000 after acquiring an additional 530 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.