In the preceding three months, 12 analysts have released ratings for Norwegian Cruise Line NCLH, presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 1 | 5 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 3 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 2 | 1 | 3 | 1 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $24.88, a high estimate of $32.00, and a low estimate of $17.50. This upward trend is evident, with the current average reflecting a 10.77% increase from the previous average price target of $22.46.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of Norwegian Cruise Line's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brandt Montour | Barclays | Raises | Equal-Weight | $26.00 | $21.00 |
| James Hardiman | Citigroup | Raises | Buy | $30.00 | $20.00 |
| 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 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Norwegian Cruise Line. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Norwegian Cruise Line compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Norwegian Cruise Line's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Capture valuable insights into Norwegian Cruise Line's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Norwegian Cruise Line analyst ratings.
All You Need to Know About Norwegian Cruise Line
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.
Financial Milestones: Norwegian Cruise Line's Journey
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Norwegian Cruise Line showcased positive performance, achieving a revenue growth rate of 7.57% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Norwegian Cruise Line's net margin is below industry averages, indicating potential 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 surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 30.98% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.82%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Norwegian Cruise Line's debt-to-equity ratio surpasses industry norms, standing at 19.39. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
What Are Analyst Ratings?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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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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