Recently, Zacks.com users have been paying close attention to Norwegian Cruise Line (NCLH). This makes it worthwhile to examine what the stock has in store.
Norwegian stock makes up an extremely tiny portion of GSA Capital's portfolio. GSA Capital holds a larger position in a Norwegian competitor.
Norwegian Cruise Line (NCLH) closed the most recent trading day at $19.64, moving -1.11% from the previous trading session.
Norwegian Cruise Line showed good financial improvement in 2024's first quarter. However, various factors seem to have kept Norwegian Cruise Line stock from staging a full post-pandemic recovery.
Zacks.com users have recently been watching Norwegian Cruise Line (NCLH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
In the latest trading session, Norwegian Cruise Line (NCLH) closed at $18.75, marking a +0.48% move from the previous day.
We have narrowed our search to five leisure and recreation services stocks. These are: RCL, NCLH, TNL, TCOM, OSW.
Norwegian Cruise Line (NCLH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Norwegian Cruise Line Holdings benefits from pricing strength. Q1'24 advance ticket sales reached a new post-pandemic record of $3.8B. The company's low P/E ratio underprices cyclical profit potential in a rising economy. Debt reduction efforts and strong booking trends position Norwegian Cruise Line Holdings for an upside revaluation.
Norwegian Cruise Line (NCLH) closed the most recent trading day at $18.64, moving +0.22% from the previous trading session.
Norwegian's 2023 fiscal year showed a full recovery from pandemic-era declines. 2024 is set to be a record year for Norwegian.