Investment interest in
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) remains high, with
institutional investors owning around 73% of the company. The company's share acquisitions by
Seven Eight Capital LP and
PNC Financial Services Group Inc., and boosted holdings by the
Bank of Nova Scotia, reflect a robust investor base. However, there are concerns due to high debt load and insider sale by SVP & Chief Accounting Officer
Faye Ashby. There are contrasting analyst views as some have reduced the firm's earnings estimates, and the stock rating has been varied with both upgrades and hold recommendations given. The stock recently overtook the
200-day moving average and showed a year-to-date gain of 62%. However, a 68% loss was incurred if investment was made five years ago.
Quarterly results have been mixed with instances of both earnings and revenue misses. The company announced a long-term fleet expansion plan and increased its 2024 financial outlook. Despite operational restarts and unveiling of new ships like
Norwegian Prima, caution is advised due to ongoing COVID-19 pandemic impact.
Norwegian Cruise Line Holdings Ltd s NCLH News Analytics from Mon, 09 Mar 2020 07:00:00 GMT to Sun, 09 Jun 2024 15:07:36 GMT -
Rating -4
- Innovation 5
- Information 8
- Rumor 2
