Stock of the Day: Norwegian Cruise Line Holdings Ltd Can’t Burn Your Short Portfolio. Has Another Weak Session

Stock of the Day: Norwegian Cruise Line Holdings Ltd Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) is a huge mover today! About 961,382 shares traded hands. Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has declined 22.67% since March 11, 2016 and is downtrending. It has underperformed by 28.13% the S&P500.
The move comes after 8 months negative chart setup for the $8.38 billion company. It was reported on Oct, 14 by Barchart.com. We have $34.22 PT which if reached, will make NASDAQ:NCLH worth $670.40M less.

Analysts await Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) to report earnings on November, 1. They expect $1.60 EPS, up 24.03% or $0.31 from last year’s $1.29 per share. NCLH’s profit will be $360.43M for 5.81 P/E if the $1.60 EPS becomes a reality. After $0.78 actual EPS reported by Norwegian Cruise Line Holdings Ltd for the previous quarter, Wall Street now forecasts 105.13% EPS growth.

Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) Ratings Coverage

Out of 13 analysts covering Norwegian Cruise Line (NASDAQ:NCLH), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. Norwegian Cruise Line has been the topic of 24 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, September 13 by Citigroup. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has “Buy” rating given on Tuesday, August 23 by Citigroup. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) earned “Buy” rating by UBS on Friday, August 12. The firm has “Buy” rating by Zacks given on Monday, August 10. Buckingham Research initiated Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) on Friday, February 19 with “Buy” rating. The firm has “Neutral” rating given on Wednesday, February 24 by Goldman Sachs. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, August 5. The firm has “Buy” rating by Nomura given on Wednesday, August 10. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) earned “Buy” rating by Sterne Agee CRT on Tuesday, June 7. Goldman Sachs downgraded the shares of NCLH in a report on Wednesday, December 9 to “Sell” rating.

According to Zacks Investment Research, “Norwegian Cruise Line is a cruise line operator. It offers cruise itineraries in various locations, including destinations in the Caribbean, Bermuda, the Bahamas, Mexico, Alaska, Europe, Hawaii, New England, Central America, North Africa, and Scandinavia. The company markets its services primarily through retail/travel agents. Norwegian Cruise Line is headquartered in Miami, Florida.”

Insitutional Activity: The institutional sentiment decreased to 1.09 in Q2 2016. Its down 0.10, from 1.19 in 2016Q1. The ratio turned negative, as 45 funds sold all Norwegian Cruise Line Holdings Ltd shares owned while 93 reduced positions. 53 funds bought stakes while 98 increased positions. They now own 198.20 million shares or 3.72% more from 191.09 million shares in 2016Q1.
The Washington-based Tradewinds Cap Mngmt Lc has invested 0% in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Manufacturers Life Ins Com The, a Ontario – Canada-based fund reported 390,252 shares. Paloma Prtnrs owns 32,596 shares or 0.01% of their US portfolio. Cibc Asset Mngmt holds 0.01% or 26,002 shares in its portfolio. Sarasin Prtnrs Limited Liability Partnership has 12,094 shares for 0.01% of their US portfolio. Moreover, Ig Mgmt Ltd has 0.02% invested in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 136,632 shares. Morgan Stanley has 530,722 shares for 0.01% of their US portfolio. Moreover, Creative Planning has 0% invested in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 228 shares. Fjarde Ap reported 40,904 shares or 0.04% of all its holdings. Rhumbline Advisers holds 120,495 shares or 0.01% of its portfolio. Parkside State Bank & Tru has invested 0% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Aviva Public Limited Co has 96,503 shares for 0.03% of their US portfolio. Highbridge Capital Ltd Company holds 0.03% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 39,511 shares. Old Mutual Global Invsts (Uk) Ltd holds 0.01% or 12,202 shares in its portfolio. Teacher Retirement Sys Of Texas accumulated 11,467 shares or 0% of the stock.

Insider Transactions: Since August 31, 2016, the stock had 2 insider buys, and 0 insider sales for $3.43 million net activity. Shares for $430,800 were bought by Lindsay T. Robin. The insider Del Rio Frank J bought 83,498 shares worth $3.00 million.

More notable recent Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) news were published by: Fool.com which released: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 16% in August” on September 06, 2016, also Fool.com with their article: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 11% Today” published on August 09, 2016, Investorplace.com published: “Norwegian Cruise Line Holdings Ltd: Too Cheap to Pass Up (NCLH)” on September 19, 2016. More interesting news about Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) were released by: Fool.com and their article: “Why Norwegian Cruise Line Holdings Ltd. Dropped 14% in June” published on July 12, 2016 as well as Fool.com‘s news article titled: “Why Norwegian Cruise Line Holdings Ltd. Shares Rose 12% Last Month” with publication date: April 10, 2016.

NCLH Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH), incorporated on February 21, 2011, is a global cruise company. The Firm operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company’s brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths. The Company’s brands offer various features, amenities, and activities, including various accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas and various entertainment choices. All the brands offer a selection of shore excursions at each port of call, as well as hotel packages for stays before or after a voyage.

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