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Cruise stocks rallied in intraday trading Tuesday after a strong earnings report and forecast from Norwegian Cruise Line Holdings (NCLH). Norwegian Cruise Line (NCLH) posted its fourth-quarter results revealing a quarterly loss of $0.18 per share. However the stock is trading higher thanks to upbeat first-quarter guidance and a full-yea... According to 15 analysts, the average rating for NCLH stock is "Hold." The 12-month stock price forecast is $20.07, which is an increase of 9.73% from the latest price. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits.
Services Overview
Don't underestimate the power of cruise line stocks as they reverse the bearish narrative. Carnival, Royal Caribbean, and Norwegian had to do a lot of scary things to stay literally and figuratively afloat after the COVID-19 crisis decimated the business. The share count and debt load at Norwegian has roughly doubled since the end of fiscal 2019, but the bloat isn't permanent.
Recent Analyst Ratings and Stock Forecasts
Why Norwegian Cruise Line (NCLH) is a Top Value Stock for the Long-Term - Yahoo Finance
Why Norwegian Cruise Line (NCLH) is a Top Value Stock for the Long-Term.
Posted: Fri, 19 Apr 2024 13:40:08 GMT [source]
After back-to-back quarters of profitability, Norwegian is bracing investors for an adjusted deficit of $0.15 a share in the fourth quarter. Wall Street pros were modeling a slightly better-than-breakeven performance. A number of equities research analysts have recently issued reports on NCLH shares. Mizuho started coverage on Norwegian Cruise Line in a research note on Tuesday, March 26th.
Norwegian Cruise Line Holdings Ltd. stock outperforms competitors on strong trading day - MarketWatch
Norwegian Cruise Line Holdings Ltd. stock outperforms competitors on strong trading day.
Posted: Wed, 17 Apr 2024 21:23:00 GMT [source]
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What's the point of focusing on 2024's challenging results in a multiyear investment strategy? Analysts see explosive earnings growth at Norwegian as cruise vacations get back to penetrating the mainstream travel market. Carnival, Royal Caribbean, and Norwegian also made the most of the operating lull to refresh their operations and their offerings. The end result is shaping up to be a more resilient industry than it was in its pre-pandemic prime. What analysts see Norwegian earning the next few years is pretty impressive.
One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. As is clear from the image below, Norwegian Cruise Line Holdings has a better ROE than the average (17%) in the Hospitality industry.
Charting New Waters: Norwegian Cruise Line Unveils Ambitious Plans For Eight Ships
AE Wealth Management LLC now owns 28,188 shares of the company's stock valued at $465,000 after acquiring an additional 693 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Norwegian Cruise Line by 7.5% during the 3rd quarter. Geneos Wealth Management Inc. now owns 10,290 shares of the company's stock valued at $170,000 after acquiring an additional 716 shares in the last quarter. Regal Investment Advisors LLC raised its stake in Norwegian Cruise Line by 6.6% during the 4th quarter. Regal Investment Advisors LLC now owns 12,612 shares of the company's stock valued at $253,000 after acquiring an additional 776 shares in the last quarter.
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#1 (Strong Buy) stocks have produced an unmatched +25.41% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. Owning cruise stocks when supply growth has been low for an extended period of time, as per the analyst. While the headline of eight ships might make investors panic, the analyst urged them to look at the fine print. NCLH, -1.48% jumped 6.6% in premarket trading Tuesday, after the cruise operator reported a wider-than-expected fourth-quarter loss, but expects a surpris...
Oceania Cruises Announces 2026 Around the World Voyage Aboard Its Newest Ship, Vista
The future is bright for the cruise line industry in general and Norwegian Cruise Line in particular. The skies are a little cloudy right now, but things are brighter on the horizon. Big gains might come from the smallest of the country's three leading cruise line operators. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
A company's long-term performance can indicate its business quality. Any business can enjoy short-lived success, but best-in-class ones sustain growth over many years. Norwegian Cruise Line's annualized revenue growth rate of 7.1% over the last five years was weak for a consumer discretionary business.
Analysts like Norwegian Cruise Line less than other Consumer Discretionary companies. The consensus rating for Norwegian Cruise Line is Hold while the average consensus rating for consumer discretionary companies is Moderate Buy. At first glance, I had snubbed the dining and lounge area as a rip-off of a generic airport coffee shop.
The country's third-largest cruise ship operator can pop tenfold in the coming years if it catches the right waves along the way. Norwegian Cruise Line burned through $388.7 million of cash in Q4, equivalent to a negative 19.6% margin. This caught our eye as the company shifted from cash flow positive in the same quarter last year to cash flow negative this quarter. Although earnings are undoubtedly valuable for assessing company performance, we believe cash is king because you can't use accounting profits to pay the bills. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B.
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