Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) price closed higher on Monday, September 13, jumping 2.89% above its previous close.
A look at the daily price movement shows that the last close reads $24.59, with intraday deals fluctuated between $24.12 and $25.51. The company’s 5Y monthly beta was ticking 2.81. Taking into account the 52-week price action we note that the stock hit a 52-week high of $34.49 and 52-week low of $14.15. The stock subtracted -2.01% on its value in the past month.
Norwegian Cruise Line Holdings Ltd., which has a market valuation of $9.50 billion, is expected to release its quarterly earnings report Nov 08, 2021 – Nov 12, 2021. Analysts tracking NCLH have forecast the quarterly EPS to shrink by -2.09 per share this quarter, while the same analysts predict the annual EPS to hit -$7.04 for the year 2021 and up to $0.49 for 2022. In this case, analysts estimate an annual EPS growth of 18.50% for the year and 107.00% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $217.18 million, with the likely lows of $31.53 million and highs of $464.9 million. The average estimate suggests sales growth for the quarter will likely rise by 3,232.00% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $927.17 million for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow -27.60% below that which the company brought in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give NCLH a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that NCLH’s price is at present 1.73% off the SMA20 and 0.33% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 51.07, with weekly volatility standing at 4.75%. The indicator jumps to 4.34% when calculated based on the past 30 days. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)’s beta value is holding at 2.82, while the average true range (ATR) indicator is currently reading 1.17.
Turning out attention to how the Norwegian Cruise Line Holdings Ltd. stock has performed in comparison to its peers in the industry, here’s what we find: NCLH’s stock is 2.89% on the day and 44.49% in the past 12 months, while The Walt Disney Company (DIS) traded 0.47% in the last session and was positioned 40.40% up on its price 12 months ago. Another comparison is with Carnival Corporation & plc (CCL) whose stock price was up 2.46% in the last trading session, and has flourished 31.77% over the past year. Also, Carnival Corporation & plc (CCL) showed up trend of 2.46% while its price kept floating at 31.77% over the past year. Elsewhere in the market, the S&P 500 Index has rallied 0.23% in last trading session, with the Dow Jones Industrial also saw a positive session on the day with 0.76%.
An analysis of the Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) stock in terms of its daily trading volume indicates that the 3-month average is 14.69 million.
Current records show that the company has 369.93M in outstanding shares. The insiders’ percentage holdings are 0.70% of outstanding shares while the percentage share held by institutions stands at 58.60%. But the -0.51% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.