Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Norwegian Cruise Line Holdings (NCLH) Stock Price

Press coverage about Norwegian Cruise Line Holdings (NASDAQ:NCLH) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Norwegian Cruise Line Holdings earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.2158725457727 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

• Norwegian Cruise Line Holdings Ltd. 2017 Q2 – Results – Earnings Call Slides (seekingalpha.com)
• Norwegian Cruise Line Holdings Ltd. (NCLH) Major Shareholder Apollo Management Holdings Gp, Sells 5,625,000 Shares (americanbankingnews.com)
• Are Analysts Bearish Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) After Last Week? (expressnewsline.com)
• Has $706000 Stake in Norwegian Cruise Line Holdings Ltd. (NCLH) (currenthollywood.com)
• Insider Trading at Norwegian Cruise Line Holdings Ltd.? – HiTechFacts (hitechfacts.com)

Shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded up 0.14% during midday trading on Monday, reaching $55.86. The company had a trading volume of 1,015,908 shares. The company’s 50-day moving average is $55.63 and its 200-day moving average is $52.02. Norwegian Cruise Line Holdings has a 52-week low of $34.16 and a 52-week high of $61.48. The firm has a market cap of $12.75 billion, a P/E ratio of 18.88 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.05. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. Norwegian Cruise Line Holdings had a return on equity of 16.65% and a net margin of 13.22%. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.85 earnings per share. Equities research analysts expect that Norwegian Cruise Line Holdings will post $4.00 EPS for the current fiscal year.

NCLH has been the subject of several research analyst reports. Zacks Investment Research upgraded Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a report on Wednesday, April 26th. Wedbush upped their price objective on Norwegian Cruise Line Holdings from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, May 11th. ValuEngine upgraded Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a report on Thursday, June 1st. Berenberg Bank restated a “buy” rating and issued a $65.00 price objective on shares of Norwegian Cruise Line Holdings in a report on Wednesday, June 28th. Finally, BidaskClub lowered Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a report on Sunday, July 16th. Ten investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $57.94.

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In other news, CEO Jason Montague sold 15,000 shares of the business’s stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $53.26, for a total value of $798,900.00. Following the sale, the chief executive officer now directly owns 72,831 shares in the company, valued at $3,878,979.06. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Harry Sommer sold 11,807 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $58.42, for a total value of $689,764.94. Following the completion of the sale, the executive vice president now owns 42,195 shares in the company, valued at $2,465,031.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,651,807 shares of company stock worth $308,444,915. Corporate insiders own 0.98% of the company’s stock.

Norwegian Cruise Line Holdings Company Profile

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.