Stock Traders Purchase Large Volume of Norwegian Cruise Line Call Options (NYSE:NCLH)

by · The Markets Daily

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Get Free Report) was the target of unusually large options trading on Tuesday. Stock investors acquired 44,435 call options on the company. This is an increase of approximately 71% compared to the average daily volume of 26,007 call options.

Institutional Trading of Norwegian Cruise Line

Institutional investors and hedge funds have recently made changes to their positions in the stock. Capital International Investors lifted its holdings in Norwegian Cruise Line by 7.1% in the 4th quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock valued at $1,253,886,000 after purchasing an additional 3,728,929 shares in the last quarter. Elliott Investment Management L.P. acquired a new stake in shares of Norwegian Cruise Line in the 1st quarter worth approximately $246,578,000. Geode Capital Management LLC increased its position in shares of Norwegian Cruise Line by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock valued at $271,951,000 after purchasing an additional 262,086 shares during the period. Dimensional Fund Advisors LP raised its position in Norwegian Cruise Line by 7.7% in the first quarter. Dimensional Fund Advisors LP now owns 7,262,590 shares of the company’s stock worth $135,776,000 after acquiring an additional 518,790 shares in the last quarter. Finally, Hound Partners LLC boosted its holdings in Norwegian Cruise Line by 50.0% during the first quarter. Hound Partners LLC now owns 5,713,090 shares of the company’s stock valued at $106,835,000 after acquiring an additional 1,905,203 shares during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH traded up $0.50 during mid-day trading on Tuesday, reaching $14.81. The company’s stock had a trading volume of 26,944,707 shares, compared to its average volume of 19,972,332. The stock has a market capitalization of $6.80 billion, a P/E ratio of 9.26, a P/E/G ratio of 0.83 and a beta of 1.88. Norwegian Cruise Line has a 1-year low of $13.63 and a 1-year high of $25.24. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.17 and a current ratio of 0.20. The stock has a 50-day moving average of $17.06 and a two-hundred day moving average of $18.28.

Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same quarter last year, the firm posted $0.51 earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. On average, equities research analysts anticipate that Norwegian Cruise Line will post 1.37 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Weiss Ratings lowered shares of Norwegian Cruise Line from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday. Susquehanna reaffirmed a “neutral” rating and issued a $17.00 price objective on shares of Norwegian Cruise Line in a research note on Tuesday, August 4th. Bank of America reissued a “neutral” rating on shares of Norwegian Cruise Line in a research note on Friday, July 31st. Citigroup lowered their target price on Norwegian Cruise Line from $25.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, Wells Fargo & Company decreased their price target on shares of Norwegian Cruise Line from $22.00 to $20.00 and set an “overweight” rating on the stock in a research note on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $20.50.

View Our Latest Stock Analysis on NCLH

About Norwegian Cruise Line

(Get Free Report)

Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its three brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company offers ocean voyages to destinations around the world, including the Caribbean, Alaska, Europe, Asia, South America, Australia and New Zealand, and expedition regions.

Norwegian Cruise Line serves the contemporary and premium cruise markets and is known for its “Freestyle Cruising” approach, which emphasizes flexible dining and relaxed onboard experiences.

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