Ratings for Norwegian Cruise Line NCLH were provided by 12 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding 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 |
Analysts have set 12-month price targets for Norwegian Cruise Line, revealing an average target of $24.88, a high estimate of $32.00, and a low estimate of $17.50. Observing a 10.77% increase, the current average has risen from the previous average price target of $22.46.
Exploring Analyst Ratings: An In-Depth Overview
The perception of Norwegian Cruise Line by financial experts is analyzed through recent analyst actions. The following summary presents 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: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Norwegian Cruise Line. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Norwegian Cruise Line compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Norwegian Cruise Line's stock. This examination reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Norwegian Cruise Line's market position. Stay informed and make well-informed 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.
Unraveling the Financial Story of Norwegian Cruise Line
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Norwegian Cruise Line displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 7.57%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Norwegian Cruise Line's net margin falls below industry averages, indicating challenges in achieving 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 falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.82%, the company may face hurdles in generating optimal returns from its assets.
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.
The Core of Analyst Ratings: What Every Investor Should Know
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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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