Norwegian Cruise Line (NCLH) Scheduled to Post Earnings on Wednesday

Norwegian Cruise Line (NYSE:NCLH) will release its earnings data before the market opens on Wednesday, May 1st. Analysts expect Norwegian Cruise Line to post earnings of $0.12 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.05). The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. During the same period in the previous year, the firm earned ($1.10) EPS. On average, analysts expect Norwegian Cruise Line to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Norwegian Cruise Line Stock Up 5.5 %

NCLH stock opened at $19.56 on Wednesday. Norwegian Cruise Line has a twelve month low of $12.41 and a twelve month high of $22.75. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 40.94. The firm has a market capitalization of $8.33 billion, a PE ratio of 69.86, a PEG ratio of 0.39 and a beta of 2.60. The stock has a 50-day simple moving average of $18.84 and a two-hundred day simple moving average of $17.36.

Analysts Set New Price Targets

Several research analysts have recently commented on NCLH shares. Morgan Stanley boosted their price objective on Norwegian Cruise Line from $14.00 to $15.00 and gave the stock an “underweight” rating in a report on Tuesday, March 5th. Citigroup cut their price objective on Norwegian Cruise Line from $23.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, February 12th. Susquehanna boosted their price objective on Norwegian Cruise Line from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, February 28th. Truist Financial boosted their price objective on Norwegian Cruise Line from $17.00 to $20.00 and gave the stock a “hold” rating in a report on Friday, March 1st. Finally, The Goldman Sachs Group started coverage on Norwegian Cruise Line in a report on Wednesday, March 13th. They set a “neutral” rating and a $19.00 price objective for the company. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Norwegian Cruise Line presently has an average rating of “Hold” and an average target price of $20.87.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.