Norwegian Cruise Line Holdings Ltd (NCLH) was Initiated by Sterne Agee CRT to “Buy” and the brokerage firm has set the Price Target at $60. Sterne Agee CRT advised their investors in a research report released on Jun 7, 2016.
Many Wall Street Analysts have commented on Norwegian Cruise Line Holdings Ltd. Norwegian Cruise Line Holdings Ltd was Upgraded by Sun Trust Rbsn Humphrey to ” Buy” on Mar 17, 2016.
On the company’s financial health, Norwegian Cruise Line Holdings Ltd reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.37. The company had revenue of $1077.60 million for the quarter, compared to analysts expectations of $1097.55 million. The company’s revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.
Norwegian Cruise Line Holdings Ltd closed down -0.82 points or -1.76% at $45.73 with 8,39,003 shares getting traded on Friday. Post opening the session at $46.27, the shares hit an intraday low of $44.84 and an intraday high of $46.27 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Mar 14, 2016, Daniel S Farkas (SVP Gen. Counsel & Asst. Sec’y) sold 39,070 shares at $47.58 per share price. According to the SEC, on Dec 7, 2015, Robert Binder (Vice Chairman, Regent&Oceania) sold 31,424 shares at $58.28 per share price. On Dec 4, 2015, Chad A Leat (director) purchased 5,000 shares at $58.29 per share price, according to the Form-4 filing with the securities and exchange commission.
Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegians 13 ships has been built to consistently deliver the Freestyle Cruising product offering. Freestyle Cruising offers flexibility and choice to its guests who prefer to dine when they want with whomever they want and without having to dress formally. Oceania operates a fleet of five mid-size ships in the upper-premium cruise segment offering personalized service and elegant accommodations. Regent offers a luxury all-inclusive cruise vacation experience including free air transportation a pre-cruise hotel night stay wines and liquors gratuities and unlimited shore excursions.