Norwegian Cruise Line Holdings L (NYSE: NCLH) has reported E.P.S. of $0.04 for its first fiscal quarter (ending March 31) versus $-0.38 for the same period a year ago. This performance was $-0.13 short of the consensus estimate of $0.17. For the latest four quarters through March 31, E.P.S. were $0.80 versus $-3.44 for the same period a year ago.
Recent Price Action
Norwegian Cruise Line Holdings L (NYSE: NCLH) stock suffered a major decline of -15.0% on 5/1/24. The shares closed at $16.08. Moreover, this decline was accompanied by exceptionally high trading volume at 401% of normal. The stock has been strong relative to the market over the last nine months but has declined -17.7% during the last week.
Current PriceTarget Research Rating
NCLH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Norwegian Cruise Line Holdings L has a current Value Trend Rating of B (Positive). 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 62 and a good Power Rating of 75, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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