Heading into today, shares of the cruise operator had gained 17.03% over the past month, outpacing the Consumer Discretionary sector's gain of 0.81% and the S&P 500's gain of 2.14% in that time. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Industry Rank is ...

The conference call will be webcast via the Company's Investor Relations website, https://www.nclhltd.com/investors. A replay of the webcast will be available here on the Company's website for 30 days following the call. Investor Relations and Media Contacts Sarah Inmon (786) 812-3233 InvestorRelations@nclcorp.com MIAMI, July 17, 2024 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., "Norwegian Cruise Line Holdings" or the "Company") announced today it ...

Oh, what a difference a few months can make. Five years ago, Norwegian Cruise Line (NCLH 2.31%) stock sailed along and the travel market seemed entirely secure. What happened to $1,000 invested in Norwegian Cruise Line stock? Thus, your $1,000 investment would currently be worth around $390. Clearly, it's been rough sailing amid the choppy waters of the post-pandemic cruise-line market. The market's still not convinced The most obvious culprit is consumer price inflation, the pinch of which is still felt by ...

Travel Leisure Co. is currently trading with a Forward P/E ratio of 7.36 while its PEG ratio sits at 2.28. Both of the company's metrics compare favorably to its industry's average P/E of 16.93 and average PEG ratio of 0.55. We also note that NCLH holds a PEG ratio of 0.22. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. NCLH's PEG compares to its industry's average PEG of 0.55. NCLH's PEG has been as high as 0.33 an ...

Download images here Credit: Oceania Cruises "We are incredibly excited to launch our collaboration with the American Cancer Society and introduce the Relay For Life at Sea program to our valued guests and crew," stated Frank A. Del Rio, President of Oceania Cruises. "This initiative reflects Oceania Cruises' commitment not only to delivering exceptional travel experiences but also to making a positive impact in the communities we touch, consistently aiming to foster a spirit of unity. We look forward to se ...

In the latest market close, Norwegian Cruise Line (NCLH) reached $18.75, with a +0.48% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.02%. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%. The investment community will be paying close attention to the earnings performance of Norwegian Cruise Line in its upcoming release. The company is predicted to post an EPS of $0.34, indicating a 13.33% growth compared to the equiva ...

The industry faced hurdles in the past three years due to a record-high inflation and interest rate and an extremely tight monetary control adopted by the Fed. Wall Street market participants have turned optimistic about interest rate cuts by the Fed following the recently released soft economic readings. According to the Cruise Lines International Association (CLIA), the number of passengers embarking on cruises is projected to reach 35.7 million in 2024, suggesting an increase from 31.5 million in 2023. O ...

Analysts have been steadily raising their estimates for Norwegian Cruise Line. Over the past three months, the Zacks Consensus Estimate for the company has increased 17.8%. Bottom Line Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5 ...

"Our Annual Summer Sale features a diverse, and truly global, collection of sailings, from 35-day Pacific Ocean crossings to a six-day exploration of the Malaysian Peninsula, all at enticing prices, starting from just over $1,000 per person," commented Frank A. Del Rio, President of Oceania Cruises. "It's the ideal way to experience Oceania Cruises' ultra-premium experience at the ultimate value, so whether it's your first, tenth, or thirtieth time sailing with us, there's no better time to book your next j ...

Elena_Sistaliuk Previous rating On the back of continual booking strength, in terms of both pricing and volume, Norwegian Cruise Line Holdings has a lever to grow its EBITDA -- a key metric for cruise line companies that neglects the impact of capital expenditures and depreciation -- at double-digits this year. Norwegian Cruise Line Holdings' adjusted EBITDA in Q1'24 was reported at $464.0M, showing a year-over-year improvement of 98%... chiefly because of growing passenger numbers and ligher average ticket ...