Norwegian Cruise Line Stock Today

NCLH Stock  USD 21.34  1.18  5.85%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Norwegian Cruise is trading at 21.34 as of the 28th of March 2024. This is a 5.85 percent increase since the beginning of the trading day. The stock's open price was 20.16. Norwegian Cruise has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Norwegian Cruise Line are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Services
IPO Date
18th of January 2013
Category
Consumer Cyclical
Classification
Consumer Discretionary
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida. Norwegian Cruise operates under Travel Services classification in the United States and is traded on New York Stock Exchange. The company has 425.66 M outstanding shares of which 39.83 M shares are now shorted by private and institutional investors with about 2.84 trading days to cover. More on Norwegian Cruise Line

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Norwegian Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Norwegian Cruise's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Norwegian Cruise or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Norwegian Cruise's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Norwegian Cruise's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJason Montague
Thematic Ideas
(View all Themes)
Business ConcentrationHotels, Resorts & Cruise Lines, Consumer Services, Consumer Discretionary, NYSE Composite, SP 500 Index, NASDAQ Composite Total, Power Assets, Transportation, Consumer Discretionary, Hotels, Restaurants & Leisure, Travel Services, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Norwegian Cruise report their recommendations after researching Norwegian Cruise's financial statements, talking to executives and customers, or listening in on Norwegian Cruise's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Norwegian Cruise Line. The Norwegian consensus assessment is calculated by taking the average forecast from all of the analysts covering Norwegian Cruise.
Financial Strength
Based on the measurements of operating efficiency obtained from Norwegian Cruise's historical financial statements, Norwegian Cruise Line is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Norwegian Cruise Line is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.390.4386
Fairly Down
Slightly volatile
Net Debt15 B14.3 B
Sufficiently Up
Slightly volatile
Total Current Liabilities6.3 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total13.8 B13.2 B
Sufficiently Up
Slightly volatile
Total Assets11.5 B19.5 B
Way Down
Slightly volatile
Total Current Assets785.4 M945.7 M
Significantly Down
Slightly volatile
Norwegian Cruise's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Norwegian Cruise's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Norwegian Cruise's financial leverage. It provides some insight into what part of Norwegian Cruise's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Norwegian Cruise's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Norwegian Cruise deploys its capital and how much of that capital is borrowed.
Liquidity
Norwegian Cruise cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 14.73 B in liabilities. Norwegian Cruise Line has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Norwegian Cruise until it has trouble settling it off, either with new capital or with free cash flow. So, Norwegian Cruise's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Norwegian Cruise Line sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norwegian to invest in growth at high rates of return. When we think about Norwegian Cruise's use of debt, we should always consider it together with cash and equity.

Change In Working Capital

849.84 Million
Norwegian Cruise Line (NCLH) is traded on New York Stock Exchange in USA. It is located in 7665 Corporate Center Drive, Miami, FL, United States, 33126 and employs 41,000 people. Norwegian Cruise is listed under Hotels, Resorts & Cruise Lines category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Norwegian Cruise's market, we take the total number of its shares issued and multiply it by Norwegian Cruise's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Norwegian Cruise Line conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 425.66 M outstanding shares of which 39.83 M shares are now shorted by private and institutional investors with about 2.84 trading days to cover. Norwegian Cruise Line currently holds about 1.19 B in cash with 2.01 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.82.
Check Norwegian Cruise Probability Of Bankruptcy
Ownership Allocation
Norwegian Cruise Line maintains a total of 425.66 Million outstanding shares. The majority of Norwegian Cruise outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Norwegian Cruise Line to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Norwegian Cruise Line. Please pay attention to any change in the institutional holdings of Norwegian Cruise as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Norwegian Ownership Details

Norwegian Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Norwegian Cruise jumping above the current price in 90 days from now is roughly 2.5%. The Norwegian Cruise Line probability density function shows the probability of Norwegian Cruise stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4386. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Norwegian Cruise will likely underperform. Additionally, norwegian Cruise Line has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 21.34HorizonTargetOdds Above 21.34
97.48%90 days
 21.34 
2.50%
Based on a normal probability distribution, the odds of Norwegian Cruise to move above the current price in 90 days from now is roughly 2.5 (This Norwegian Cruise Line probability density function shows the probability of Norwegian Stock to fall within a particular range of prices over 90 days) .

Norwegian Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Norwegian Cruise that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Norwegian Cruise's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Norwegian Cruise's value.
InstituionRecorded OnShares
Norges Bank2023-12-31
4.2 M
Charles Schwab Investment Management Inc2023-12-31
3.8 M
Northern Trust Corp2023-12-31
3.5 M
Dimensional Fund Advisors, Inc.2023-12-31
3.1 M
Two Sigma Advisers, Llc2023-12-31
2.9 M
Bank Of New York Mellon Corp2023-12-31
2.7 M
Bnp Paribas Arbitrage, Sa2023-12-31
2.5 M
Patient Capital Management, Llc2023-12-31
2.5 M
Goldman Sachs Group Inc2023-12-31
2.5 M
Capital Research Global Investors2023-12-31
57 M
Vanguard Group Inc2023-12-31
49.2 M
View Norwegian Cruise Diagnostics

Norwegian Cruise Historical Income Statement

Norwegian Cruise Line Income Statement is one of the three primary financial statements used for reporting Norwegian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Norwegian Cruise Line revenue and expense. Norwegian Cruise Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Norwegian Cruise's EBITDA is decreasing as compared to previous years. The Norwegian Cruise's current Cost Of Revenue is estimated to increase to about 5.7 B, while Depreciation And Amortization is projected to decrease to under 521.9 M. View More Fundamentals

Norwegian Stock Against Markets

Picking the right benchmark for Norwegian Cruise stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Norwegian Cruise stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Norwegian Cruise is critical whether you are bullish or bearish towards Norwegian Cruise Line at a given time. Please also check how Norwegian Cruise's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Norwegian Cruise without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Norwegian Cruise Corporate Directors

Norwegian Cruise corporate directors refer to members of a Norwegian Cruise board of directors. The board of directors generally takes responsibility for the Norwegian Cruise's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Norwegian Cruise's board members must vote for the resolution. The Norwegian Cruise board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kevin CroweDirectorProfile
John ChidseyIndependent DirectorProfile
Stella DavidIndependent DirectorProfile
Mary LandryIndependent DirectorProfile

How to buy Norwegian Stock?

Before investing in Norwegian Cruise, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Norwegian Cruise. To buy Norwegian Cruise stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Norwegian Cruise. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Norwegian Cruise stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Norwegian Cruise Line stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Norwegian Cruise Line stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Norwegian Cruise Line, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Norwegian Stock please use our How to Invest in Norwegian Cruise guide.

Already Invested in Norwegian Cruise Line?

The danger of trading Norwegian Cruise Line is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Norwegian Cruise is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Norwegian Cruise. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Norwegian Cruise Line is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Norwegian Cruise Line offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norwegian Cruise's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norwegian Cruise Line Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norwegian Cruise Line Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norwegian Cruise Line. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Norwegian Cruise's price analysis, check to measure Norwegian Cruise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norwegian Cruise is operating at the current time. Most of Norwegian Cruise's value examination focuses on studying past and present price action to predict the probability of Norwegian Cruise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norwegian Cruise's price. Additionally, you may evaluate how the addition of Norwegian Cruise to your portfolios can decrease your overall portfolio volatility.
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Is Norwegian Cruise's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Norwegian Cruise. If investors know Norwegian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Norwegian Cruise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Earnings Share
0.39
Revenue Per Share
20.145
Quarterly Revenue Growth
0.308
Return On Assets
0.0306
The market value of Norwegian Cruise Line is measured differently than its book value, which is the value of Norwegian that is recorded on the company's balance sheet. Investors also form their own opinion of Norwegian Cruise's value that differs from its market value or its book value, called intrinsic value, which is Norwegian Cruise's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Norwegian Cruise's market value can be influenced by many factors that don't directly affect Norwegian Cruise's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Norwegian Cruise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norwegian Cruise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norwegian Cruise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.