Rating of Norwegian Cruise Line (NCLH) reduced to high sale at BidaskClub



[ad_1]

  Norwegian Cruise Line logo "title =" Norwegian Cruise Line logo "class =" companylogo "/> <span> Norwegian Cruise Line (NASDAQ: NCLH) </span> was downgraded by analysts BidaskClub from a note "sell" to a note of "strong sale" in a research report released Wednesday to customers and investors </p>
<p>  Several other equity research analysts also commented on the title: Zacks Investment Research lowered the shares of Norwegian Cruise Line The "sell" note in a research report on Wednesday, April 25 Deutsche Bank has raised the shares of Norwegian Cruise Line from a "hold" rating to a "buy" rating and set a target price of 66 $ 00 on the title Wednesday, April 18, Bank of America set a target price of $ 72.00 on the shares of Norwegian Cruise Line and awarded a note "buy" the title in a research report on Monday 28 from $ 64.00 to $ 58.00 and establish a "weight" Three equity research analysts rated the stock with a sales rating, three assigned a reserve rating and eleven issued a buy-to-action rating. Norwegian Cruise Line currently has a consensual rating of "Hold" and a consensus target price of $ 64.92. </p>
<p>  Norwegian Cruise Line opened Wednesday at $ 49.85, reports MarketBeat. Norwegian Cruise Line has a minimum in 1 year of $ 46.16 and a high in one year with $ 61.48. The company has a debt ratio of 1.08, a ratio of 0.34 and a ratio of 0.31. </p>
<p>  Norwegian Cruise Line (NASDAQ: NCLH) last published its quarterly results on Wednesday, May 2nd. The company reported earnings per share of $ 0.60 for the quarter, surpassing analysts' estimates of $ 0.54 by $ 0.56. Norwegian Cruise Line recorded a net margin of 13.91% and a return on equity of 16.97%. The company achieved a turnover of $ 1.29 billion for the quarter, against $ 1.29 billion for analysts. During the same period last year, the company posted earnings per share of $ 0.40. Norwegian Cruise Line 's quarterly business figure rose 12.4% year – on – year. Stock analysts predict that Norwegian Cruise Line will post 3.66 earnings per share for the current year. </p>
<p>  In other Norwegian Cruise Line news, Rio CEO Frank J. Del sold 3,077 shares of the company in a deal on Friday, June 15. The shares were sold at an average price of $ 54.34, for a total transaction of $ 167,204.18. As a result of the sale, the Chief Executive Officer now holds directly 372,831 shares of the Company, valued at approximately $ 20,259,636.54. The sale has been disclosed in a legal deposit with the Securities & Exchange Commission, which is available on the SEC's website. In addition, the CEO, Rio Frank J. Del, sold 22,743 shares of Norwegian Cruise Line during a transaction on Tuesday, July 3. The stock was sold at an average price of $ 46.96, for a total value of $ 1,068,011.28. As a result of the transaction, the Chief Executive Officer now holds directly 357,021 shares of the Company, valued at approximately $ 16,765,706.16. The disclosure for this sale can be found here. 0.98% of the stock is currently held by insiders. </p>
<p>  Several major investors have recently added or reduced their holdings in NCLH. We Are One Seven has acquired a new position in the shares of Norwegian Cruise Line during the fourth quarter worth $ 115,000. Vantage Financial Partners Ltd. Inc. acquired a new position in Norwegian Cruise Line shares during the first quarter worth $ 201,000. Federated Investors Inc. PA increased its interest in Norwegian Cruise Line shares by 41.0% during the first quarter. Federated Investors Inc. PA now holds 4,044 shares of the company valued at $ 214,000 after purchasing 1,175 additional shares in the last quarter. Allianz Asset Management GmbH has acquired a new position in shares of Norwegian Cruise Line during the first quarter worth $ 215,000. Finally, Signature Financial Management Inc. acquired a new position in Norwegian Cruise Line shares during the first quarter valued at $ 223,000. 88.85% of the shares are held by institutional investors and hedge funds. </p>
<p>  <strong> About Norwegian Cruise Line </strong> </p>
<p>  Norwegian Cruise Line Holdings Ltd. (NCLH) is an international cruise line company. The company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company had 25 vessels with approximately 50,400 berths as of May 1, 2017. The company's brands offer routes to various destinations around the world: Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda , Caribbean, Alaska and Hawaii </p>
<p>  Further reading: Explaining Earnings Per Share (EPS) <!--ViewCount:ArticleHistoryID=21599060&PostDate=2018-7-20&type=a&tertiary=1&id=1053398--></p>
<p style=  Analyst Recommendations for Norwegian Cruise Line (NASDAQ: NCLH) "title =" Analyst Recommendations for Norwegian Cruise Line (NASDAQ: NCLH) "[19659011] Receive news and ratings from Norwegian Cruise Line Daily </strong> – Enter your email address below to receive a daily concise summary of the latest news and ratings from 39 analysts for Norwegian Cruise Line and related companies with MarketBeat.com's free daily newsletter </p>
<p><!-- End Footer Opt-In --></p></div>
</pre>
</pre>
[ad_2]
<br /><a href=Source link