In the last three months, 12 analysts have published ratings on Norwegian Cruise Line NCLH, offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 6 | 1 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 1 | 0 |
| 3M Ago | 1 | 1 | 4 | 0 | 0 |
Analysts have set 12-month price targets for Norwegian Cruise Line, revealing an average target of $23.96, a high estimate of $32.00, and a low estimate of $17.50. This upward trend is evident, with the current average reflecting a 7.06% increase from the previous average price target of $22.38.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Norwegian Cruise Line is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Steven Wieczynski | Stifel | Raises | Buy | $29.00 | $27.00 |
| Patrick Scholes | Truist Securities | Raises | Buy | $25.00 | $21.00 |
| Matthew Boss | JP Morgan | Raises | Neutral | $25.00 | $23.00 |
| Ivan Feinseth | Tigress Financial | Maintains | Strong Buy | $32.00 | $32.00 |
| Stephen Grambling | Morgan Stanley | Raises | Underweight | $17.50 | $16.50 |
| Matthew Boss | JP Morgan | Raises | Neutral | $23.00 | $22.00 |
| Christopher Stathoulopoulos | Susquehanna | Raises | Neutral | $19.00 | $18.00 |
| Paul Golding | Macquarie | Raises | Outperform | $24.00 | $23.00 |
| Brandt Montour | Barclays | Raises | Equal-Weight | $21.00 | $20.00 |
| Steven Wieczynski | Stifel | Raises | Buy | $27.00 | $26.00 |
| Matthew Boss | JP Morgan | Raises | Neutral | $22.00 | $20.00 |
| Andrew Didora | B of A Securities | Raises | Neutral | $23.00 | $20.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Norwegian Cruise Line. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Norwegian Cruise Line compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Norwegian Cruise Line's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Norwegian Cruise Line's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Norwegian Cruise Line analyst ratings.
Get to Know Norwegian Cruise Line Better
Norwegian Cruise Line is the world's third-largest cruise company by berths (around 66,500). It operates 32 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 13 passenger vessels on order among its brands through 2036, representing 41,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
Understanding the Numbers: Norwegian Cruise Line's Finances
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Norwegian Cruise Line's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 7.57%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Norwegian Cruise Line's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 6.89%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Norwegian Cruise Line's ROE stands out, surpassing industry averages. With an impressive ROE of 30.98%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Norwegian Cruise Line's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.82%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Norwegian Cruise Line's debt-to-equity ratio stands notably higher than the industry average, reaching 19.39. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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