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The Growth Opportunity In Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) shares, rose in value on Friday, May 13, with the stock price up by 7.71% to the previous day’s close as strong demand from buyers drove the stock to $15.91.

Actively observing the price movement in the recent trading, the stock is buoying the session at $14.77, falling within a range of $14.30 and $15.58. The value of beta (5-year monthly) is 2.70. Referring to stock’s 52-week performance, its high was $33.95, and the low was $14.30. On the whole, NCLH has fluctuated by -26.88% over the past month.

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With the market capitalization of Norwegian Cruise Line Holdings Ltd. currently standing at about $6.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for Feb 23, 2022 – Feb 28, 2022. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$1.61, which is expected to increase to -$0.25 for fiscal year -$7.51 and then to about -$0.02 by fiscal year 2022. Data indicates that the EPS growth is expected to be 13.10% in 2022, while the next year’s EPS growth is forecast to be 99.70%.

Analysts have estimated the company’s revenue for the quarter at $585.46 million, with a low estimate of $325.77 million and a high estimate of $796.06 million. According to the average forecast, sales growth in current quarter could jump up 6,011.90%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2022, the company’s y-o-y revenues would reach $724.18 million, representing a decrease of -43.40% from the revenues reported in the last year’s results.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that NCLH’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of NCLH currently trading nearly -18.73% and -18.65% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.66, while the 7-day volatility ratio is showing 9.68% which for the 30-day chart, stands at 6.18%. Furthermore, Norwegian Cruise Line Holdings Ltd. (NCLH)’s beta value is 2.46, and its average true range (ATR) is 1.25.

A comparison of Norwegian Cruise Line Holdings Ltd. (NCLH) with its peers suggests the former has fared considerably weaker in the market. NCLH showed an intraday change of 7.71% in today’s session so far, and over the past year, it shrunk by -44.14%%. In comparison, The Walt Disney Company (DIS) has moved higher at 2.73% today and is down -41.51% over the past 12 months. On the other hand, the price of Carnival Corporation & plc (CCL) has risen 6.46% today. The stock, however, is off -47.21% from where it was a year ago. Additionally, there is a gain of 6.46% for Carnival Corporation & plc (CCL) in recent trading while the stock has seen an overall depriciation of -47.21%% over the past year. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 2.35%. Meanwhile, the Dow Jones Industrial Improved by 1.57%.

Data on historical trading for Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) indicates that the trading volumes over the past 3 months, they’ve averaged 21.54 million. According to company’s latest data on outstanding shares, there are 392.03 million shares outstanding.

Nearly 0.90% of Norwegian Cruise Line Holdings Ltd.’s shares belong to company insiders and institutional investors own 56.60% of the company’s shares. The stock has fallen by -28.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NCLH stock heading into the next quarter.

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