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Wednesday, March 22, 2023

Searching For Real Value In Market Debris At Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Norwegian Cruise Line Holdings Ltd. (NCLH) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.03, or -0.20%, to $14.79. The Norwegian Cruise Line Holdings Ltd. has recorded 225,583 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2022 Financial Results.


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Stocks Info

NCLH belongs to the Consumer Cyclical sector of the NYSE while operating in the Travel Services industry. At the end of the last regular session, the stock closed at $14.82 and fluctuated between $15.79 as its day high and $14.45 as its day low. The current market capitalization of Norwegian Cruise Line Holdings Ltd. is $6.38B. A total of 46.54 million shares were traded on the day, compared to an average of 12.97M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, NCLH has seen 8 BUY and 2 SELL insider trades, representing the acquisition of 174,801 and the disposition of 26,304 shares. Over the last 12 months, there were 24 BUYs and 56 SELLs from insiders. Insiders purchased 1,038,535 shares during that period but sold 878,231.

In the most recent transaction, Del Rio Frank J sold 58,072 shares of NCLH for 18.33 per share on Nov 15. After the transaction, the Pres. & CEO now owns 0 company shares. In a previous transaction on Nov 15, Kempa Mark sold 25,000 shares at 18.54 per share. NCLH shares that EVP & CFO owns now total 197,651.

Among the insiders who sold shares, Farkas Daniel S disposed of 44,000 shares on Nov 14 at a per-share price of $17.93. This resulted in the EVP Gen. Counsel & Asst. Sec’y holding 231,160 shares of NCLH after the transaction. In another insider transaction, Montague Jason sold 32,879 shares at $16.49 per share on Nov 10. Company shares held by the Pres. & CEO of RSSC now total 226,002.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for NCLH in the last 3 months, the mean price target is $16.81 with high estimates of $21.00 and low estimates of $11.50. In terms of 52-week highs and lows, NCLH has a high of $23.43 and a low of $10.31.

As of this writing, NCLH has an earnings estimate of -$0.85 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of -$0.68 per share and a lower estimate of -$0.93. The company reported an EPS of -$1.14 in the last quarter, which was -32.60% lower than expectations of -$0.86.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NCLH is Hold with a score of 3.80. A total of 6 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.

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