Are Things Looking Up For Norwegian Cruise Line Holdings Ltd (NYSE: NCLH)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Oceania Cruises Commences the New Year with Exclusive Savings on Small Ship Luxury Experiences.

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Stocks Info

The company is listed on the NYSE and operates within the Travel Services industry segment. The current market capitalization of Norwegian Cruise Line Holdings Ltd is $7.27B. A total of 7.92 million shares were traded on the day, compared to an average of 14.69M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, NCLH has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 20,000 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 31 SELLs from insiders. Insiders purchased 1,585,091 shares during that period but sold 1,193,836.

In the most recent transaction, Farkas Daniel S sold 38,000 shares of NCLH for 19.46 per share on Jun 15. After the transaction, the EVP Gen. Counsel & Asst. Sec’y now owns 244,261 company shares. In a previous transaction on Jun 13, Ashby Faye L. sold 15,811 shares at 19.45 per share. NCLH shares that SVP & Chief Accounting Officer owns now total 174,619.

Among the insiders who sold shares, Del Rio Frank J disposed of 300,000 shares on Jun 12 at a per-share price of $18.44. This resulted in the Pres. & CEO holding 926,505 shares of NCLH after the transaction. In another insider transaction, Kempa Mark sold 4,700 shares at $16.04 per share on Jun 02. Company shares held by the EVP & CFO now total 241,021.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for NCLH in the last 3 months, the mean price target is $18.66 with high estimates of $25.00 and low estimates of $14.00. In terms of 52-week highs and lows, NCLH has a high of $22.75 and a low of $12.15.

As of this writing, NCLH has an earnings estimate of -$0.14 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of -$0.11 per share and a lower estimate of -$0.21. The company reported an EPS of $0.3 in the last quarter, which was 11.10% higher than expectations of $0.27.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NCLH’s latest balance sheet shows that the firm has $1.75B in Cash & Short Term Investments as of fiscal 2021. There were $12.45B in debt and $3.73B in liabilities at the time. Its Book Value Per Share was $1.03, while its Total Shareholder’s Equity was $2.43B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 3.31.

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