Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Norwegian Cruise Line Holdings L (NYSE: NCLH) weakened recently. NCLH’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Norwegian Cruise Line Holdings L (NYSE: NCLH) stock declined slightly by -0.5% on 3/1/24. The stock closed at $19.29. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months but has risen 18.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NCLH is expected to continue to be a major Value Builder.
Norwegian Cruise Line Holdings L has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Norwegian Cruise Line Holdings L has a slightly positive Appreciation Score of 64 and a neutral Power Rating of 40, and the Neutral Value Trend Rating results.
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