Norwegian Cruise Line (NCLH) Receiving Somewhat Positive News Coverage, Report Finds

Media stories about Norwegian Cruise Line (NASDAQ:NCLH) have trended somewhat positive on Monday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Norwegian Cruise Line earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.4178641294921 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

Shares of Norwegian Cruise Line (NASDAQ NCLH) traded down $0.31 during trading hours on Monday, reaching $54.72. 1,536,060 shares of the company traded hands, compared to its average volume of 1,862,829. The company has a market cap of $12,572.37, a P/E ratio of 15.08, a PEG ratio of 0.58 and a beta of 1.09. Norwegian Cruise Line has a 12-month low of $42.04 and a 12-month high of $61.48. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.31 and a current ratio of 0.34.

Norwegian Cruise Line (NASDAQ:NCLH) last issued its quarterly earnings data on Thursday, November 9th. The company reported $1.86 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.82 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.64 billion. Norwegian Cruise Line had a net margin of 13.91% and a return on equity of 16.97%. Norwegian Cruise Line’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the firm posted $1.62 EPS. sell-side analysts anticipate that Norwegian Cruise Line will post 3.66 EPS for the current fiscal year.

A number of research firms have recently issued reports on NCLH. Macquarie downgraded shares of Norwegian Cruise Line from a “neutral” rating to an “underperform” rating and set a $47.00 price target on the stock. in a research report on Thursday, November 30th. Tigress Financial restated a “buy” rating on shares of Norwegian Cruise Line in a research report on Monday, November 27th. Wedbush set a $65.00 price target on shares of Norwegian Cruise Line and gave the stock a “buy” rating in a research report on Sunday, November 12th. Barclays raised their price target on shares of Norwegian Cruise Line from $64.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, November 10th. Finally, Morgan Stanley raised their price target on shares of Norwegian Cruise Line from $58.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the stock. Norwegian Cruise Line currently has a consensus rating of “Hold” and a consensus price target of $63.07.

In other Norwegian Cruise Line news, CEO Jason Montague sold 15,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $55.08, for a total transaction of $826,200.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 5,000,000 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $54.11, for a total transaction of $270,550,000.00. The disclosure for this sale can be found here. Company insiders own 0.98% of the company’s stock.

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About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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