Barclays analyst Brandt Montour highlights that the re-energized consumer and low tariff exposure will benefit the travel and experiences sectors in 2025.The analyst points out that the cruise industry has potential for growth, leading to a reshuffling of ratings for cruise and timeshare companies.Amid such a scenario, the analyst upgraded Norwegian Cruise Line Holdings Ltd. NCLH to Overweight from Equal-Weight, boosting the price forecast from $28 to $32.The analyst underscores the upgrade, citing its high ...

Norwegian Cruise Line TodayNCLHNorwegian Cruise Line$27.49 +1.09 (+4.13%) 52-Week Range$14.69▼$28.64P/E Ratio25.22Price Target$28.67Add to WatchlistShares of Norwegian Cruise Line Holdings Ltd NYSE: NCLH have been on an absolute heater since August. After a lackluster first half where shares traded in a tight range with no clear direction, they've surged nearly 90% in the past four months. As the travel industry gears up for a bumper 2025, it has all the makings of a strong end to the year for Norwegian Cr ...

MIAMI, Dec. 4, 2024 /PRNewswire/ -- Oceania Cruises®, the world's leading culinary- and destination-focused cruise line, has announced that the installation of the world's first and largest satellite constellation, Starlink, has been completed on all ships, providing all guests with high-speed, unlimited WiFi included as part of the cruise fare."At Oceania Cruises we are dedicated to delivering exceptional experiences for our discerning guests and are thrilled to offer travelers the ability to connect easil ...

Investors interested in Leisure and Recreation Services stocks are likely familiar with Norwegian Cruise Line (NCLH) and Live Nation (LYV) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings ...

Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) have rallied 75.7% in the past six months, outperforming the Zacks Leisure and Recreation Services industry’s growth of 14%.The company’s impressive third-quarter 2024 results anchored by resilient demand, elevated onboard offerings and targeted growth strategies have positioned it ahead of competitors. In the same time frame, stocks like Carnival Corporation & plc (CCL) , Royal Caribbean Cruises Ltd. (RCL) and OneSpaWorld Holdings Limited (OSW) have gain ...

When I last wrote about cruise company Norwegian Cruise Line Holdings (NYSE: NCLH ) in September, a 12% price upside was still visible for 2024 and bigger increases for the two years after. Since then, however, the stock isManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Grow ...

Norwegian Cruise Line (NCLH) reported $2.81 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 10.7%. EPS of $0.99 for the same period compares to $0.76 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.76 billion, representing a surprise of +1.68%. The company delivered an EPS surprise of +4.21%, with the consensus EPS estimate being $0.95.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

Norwegian Cruise Line Holdings Ltd. (NCLH) reported solid third-quarter 2024 results, with earnings and revenues surpassing the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The management attributed the performance to the strength of NCLH's business model, the appeal of its product offerings across brands, and the effective execution by both shoreside and shipboard teams. Driven by high demand ...

Core Viewpoint - Norwegian Cruise Line (NCLH) reported quarterly earnings of $0.99 per share, exceeding the Zacks Consensus Estimate of $0.95 per share, and showing an increase from $0.76 per share a year ago, indicating a positive earnings surprise of 4.21% [1][2] Financial Performance - The company achieved revenues of $2.81 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.68% and up from $2.54 billion year-over-year [2] - Over the last four quarters, Norwegian Cruise Line has exceeded consensus EPS estimates three times and topped revenue estimates twice [2] Stock Performance and Outlook - Norwegian Cruise Line shares have increased approximately 19% since the beginning of the year, while the S&P 500 has gained 21.9% [3] - The company's earnings outlook is favorable, with a current consensus EPS estimate of $0.09 on $2.07 billion in revenues for the upcoming quarter and $1.60 on $9.4 billion in revenues for the current fiscal year [7] Industry Context - The Leisure and Recreation Services industry, to which Norwegian Cruise Line belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a positive industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]

Core Insights - Norwegian Cruise Line Holdings reported record third quarter revenue of $2.8 billion, an approximately 11% increase year-over-year, driven by a 4% capacity growth [2][5] - The company exceeded third quarter guidance across all key metrics and raised full year guidance for the fourth time, projecting strong demand and pricing [5][4] Financial Performance - GAAP net income for the third quarter was $474.9 million, a 37% increase compared to the same period in 2023, with earnings per share (EPS) rising 34% to $0.95 [2] - Adjusted EBITDA grew 24% to $931 million, surpassing guidance of approximately $870 million [2] - Adjusted EPS increased by $0.24, or 31%, to $0.99, exceeding guidance of $0.92 [2] Cost Management - Gross Cruise Costs per Capacity Day were approximately $314, while Adjusted Net Cruise Cost excluding Fuel per Capacity Day was approximately $155, better than the guidance of $156 [2] - The company’s focus on margin enhancement led to improved operating costs, with a gross margin per Capacity Day up 19% year-over-year [2] Debt and Leverage - Total debt stood at $13.4 billion, with net leverage improving to 5.58x, a reduction of approximately 1.75x from December 31, 2023 [2][9] - The company successfully issued $315 million of senior notes due 2030, using proceeds to redeem existing notes due 2024 [2][11] 2024 Outlook - Full year 2024 Net Yield guidance increased to approximately 9.4% from 8.2%, driven by strong demand across all brands [4] - Adjusted EBITDA guidance for 2024 was raised to approximately $2.425 billion, reflecting better-than-expected third quarter results [4] - The company expects to end 2024 with net leverage around 5.4 times, a reduction of nearly two turns compared to 2023 [4][11] Booking Environment - The company reported an occupancy rate of 108.1% for the third quarter, with full year 2024 occupancy expected to average approximately 105.0% [8] - Advance ticket sales reached a record high of $3.3 billion, approximately 6% higher than the same period in 2023 [8] Capital Expenditures - Non-newbuild capital expenditures for the third quarter were $140 million, with full year 2024 expected to be approximately $575 million [20] - Newbuild-related capital expenditures for the third quarter were approximately $108 million, with expectations of $59 million for the fourth quarter [21] Company Updates - Norwegian Cruise Line introduced a new brand positioning with the 'More At Sea' package, enhancing guest benefits [22] - Oceania Cruises launched 'Your World Included™', featuring updated amenities for guests starting from October 1, 2024 [22]