In the last three months, 17 analysts have published ratings on Norwegian Cruise Line (NYSE:NCLH), offering a diverse range 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 | 2 | 8 | 2 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 2 | 1 | 0 |
| 2M Ago | 2 | 2 | 5 | 1 | 0 |
| 3M Ago | 1 | 0 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $27.94, a high estimate of $36.00, and a low estimate of $19.00. Surpassing the previous average price target of $23.09, the current average has increased by 21.0%.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Norwegian Cruise Line by financial experts. 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 |
|---|---|---|---|---|---|
| Patrick Scholes | Truist Securities | Raises | Buy | $35.00 | $25.00 |
| Andrew Didora | B of A Securities | Raises | Neutral | $29.00 | $26.00 |
| Stephen Grambling | Morgan Stanley | Raises | Underweight | $26.00 | $19.00 |
| Ivan Feinseth | Tigress Financial | Raises | Strong Buy | $36.00 | $32.00 |
| Robin Farley | UBS | Raises | Neutral | $29.00 | $19.00 |
| Daniel Politzer | Wells Fargo | Raises | Equal-Weight | $27.00 | $21.00 |
| Ben Chaiken | Mizuho | Raises | Outperform | $28.00 | $26.00 |
| Brandt Montour | Barclays | Raises | Equal-Weight | $28.00 | $26.00 |
| Chris Woronka | Deutsche Bank | Raises | Hold | $24.00 | $21.00 |
| Lizzie Dove | Goldman Sachs | Raises | Neutral | $29.00 | $24.00 |
| Paul Golding | Macquarie | Raises | Outperform | $30.00 | $24.00 |
| Stephen Grambling | Morgan Stanley | Raises | Underweight | $19.00 | $17.50 |
| 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 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction 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: Analysts gauge the dynamics of price targets, providing estimates for the future value of Norwegian Cruise Line's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Norwegian Cruise Line's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using 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 publicly traded 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.
Norwegian Cruise Line: Delving into Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining Norwegian Cruise Line's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.67% as of 30 September, 2024, showcasing a substantial increase in 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 is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 16.92%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 51.95%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Norwegian Cruise Line's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.38% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Norwegian Cruise Line's debt-to-equity ratio surpasses industry norms, standing at 11.81. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
