Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) traded at $19.09 at last check on Monday, April 29, made an upward move of 0.29% on its previous day’s price.
Looking at the stock we see that its previous close was $19.04. The company has a trailing 12-month PE ratio of 81.05. In terms of its 52-week price range, NCLH has a high of $22.75 and a low of $12.42. The company’s stock has lost about -8.77% over that past 30 days.
Norwegian Cruise Line Holdings Ltd has a market cap of $8.13 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.11, with the EPS growth for the year raised at $1.3 for 2024 and $1.73 for next year. These figures represent 85.70% and 33.10% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.24 billion, with a low of $2.17 billion and a high of $2.33 billion. The median projection represents growth squeezing down to 23.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $9.36 billion, or 9.50% up from figures reported last year.
On the other hand, looking at the outlook for the NCLH stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the NCLH stock currently stands at 1.76, and the most recent price level today is 1.58% off its SMA20 and 0.92% from its 50-day simple moving average. The RSI (14) is pointing at 51.71 while the volatility over the past week is 3.44% and jumps to 3.73% over the past one month. The beta value is 2.61, while the average true range (ATR) is currently pointing at 0.71.
Coming back to Norwegian Cruise Line Holdings Ltd (NYSE:NCLH), we note that the average 3-month trading volume was 11.93 million. Current shares outstanding are 425.55 million.
The insiders hold 1.14% of the company’s shares while institutions hold 70.19%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -4.72% down in year-to-date price movement.
