Norwegian Cruise Line Holdings Ltd. (NCLH)
2 Consumer Discretionary Stocks Poised to Cruise Higher
Two consumer discretionary stocks that have made their way onto the Zacks Rank #1 (Strong Buy) list in the last month and looked poised to move higher are cruise line operators Norwegian Cruise Line (NCLH) and Royal Caribbean Cruises (RCL).
Are Investors Undervaluing Norwegian Cruise Line (NCLH) Right Now?
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.
Is Most-Watched Stock Norwegian Cruise Line Holdings Ltd. (NCLH) Worth Betting on Now?
Norwegian Cruise Line (NCLH) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Norwegian Cruise Line Holdings Stock Has 58% Upside, According to 1 Wall Street Analyst
Norwegian Cruise updated investors on its financial targets through 2026 on Monday. Adjusted earnings could double this year, and grow 30% per year through 2026.
Why Norwegian Cruise Line (NCLH) is a Top Value Stock for the Long-Term
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Norwegian Cruise (NCLH) '24 View up on Strong Demand, Stock Up
Norwegian Cruise (NCLH) unveils Charting the Course strategy to drive growth. The program focuses on encompassing people, products, growth platforms and performance.
S&P 500 Gains and Losses Today: Norwegian Cruise Soars on Guidance, Strategy Update
Major U.S. equities indexes were mixed to open the trading week. In the days ahead, quarterly results from semiconductor giant Nvidia (NVDA) could provide a gauge of progress toward the artificial intelligence (AI) boom, while minutes from the latest Federal Reserve meeting could offer insight into the ongoing battle against inflation.
CCL, NCLH, RCL: Why Are Cruise Stocks Up Today?
Cruise stocks are surging nearly across the board today after Norwegian Cruise Line (NYSE: NCLH ) lifted its full-year earnings outlook on strong demand. What's up with cruise stocks today?
Norwegian Cruise Line Stock Jumps on Raised Guidance
Norwegian Cruise Line Holdings (NCLH) was the best-performing stock in the S&P 500 Monday after the Miami-based cruise operator raised its full-year guidance amid strong demand.
$NCLH, $CCL, $RCL: why are cruise stocks gaining today?
Cruise stocks are in the green at writing after Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) talked of “very strong demand” at its investor conference on Monday.
Carnival, Royal Caribbean Shares Are Moving Higher: What's Going On?
Cruise line stocks Norwegian Cruise Line announced a new strategy Monday in connection with its Investor Day. The company’s new “Charting The Course” strategy includes a refreshed vision, strategic initiatives and three-year financial and sustainability targets geared at enhancing shareholder returns. Norwegian shares were up nearly 7% at last check. Norwegian Cruise Line raised its full-year 2024 net yield growth expectations from 6..4% to 7.2%. Norwegian also raised its full-year 2024 adjusted EBITDA expectations from $2.25 billion to $2.3 billion and full-year adjusted earnings guidance from $1.32 to $1.42 per share versus estimates of $1.35 per share, according to Benzinga Pro. Norwegian Cruise Line also introduced new 2026 targets including adjusted earnings of approximately $2.45 per share, adjusted operational EBITDA margin of approximately 39%, a reduction of net leverage to the mid-four turn levels and record adjusted ROIC of 12%. “We have continued to see very strong demand and record bookings. We are now thrilled to launch this financial plan by setting long term targets with increased 2024 guidance, putting ourselves on solid footing to enhance shareholder value in the coming years,” said , CFO at Norwegian Cruise Line Holdings. On Friday, Wells Fargo analyst Daniel Politzer maintained Carnival with an Overweight rating and raised the price target from $22 to $23. Politzer also maintained Royal Caribbean with an Overweight and raised the price target from $159 to $165. At publication time, Carnival shares were up 4.33% at $15.65 and Royal Caribbean shares were up 2.59% at $145.68, according to Benzinga Pro.
Norwegian Cruise Line Holdings Stock Is Rising Today: What's Going On?
Norwegian Cruise Line is holding its Investor Day Monday, which involves discussion of a new comprehensive “Charting the Course” strategy. The strategy includes a refreshed vision, strategic initiatives and three-year financial and sustainability targets geared at enhancing shareholder returns. In connection with the Investor Day, Norwegian Cruise Line raised its full-year 2024 guidance across several metrics. The company raised its net yield growth expectations from 6..4% to 7.2%. Norwegian also raised its adjusted EBITDA expectations from $2.25 billion to $2.3 billion and its adjusted earnings guidance from $1.32 to $1.42 per share versus estimates of $1.35 per share, according to Benzinga Pro. Norwegian Cruise Line also introduced new 2026 targets including adjusted earnings of approximately $2.45 per share, adjusted operational EBITDA margin of approximately 39%, a reduction of net leverage to the mid-four turn levels and record adjusted ROIC of 12%. “We have continued to see very strong demand and record bookings. We are now thrilled to launch this financial plan by setting long term targets with increased 2024 guidance, putting ourselves on solid footing to enhance shareholder value in the coming years,” said , CFO at Norwegian Cruise Line Holdings. Norwegian’s new vision is bolstered by strategic initiatives under four pillars: People Excellence, Guest-centric Product, Long-term Growth Platform and Exceptional Performance. These pillars are expected to help transform the company’s culture, target investments towards offerings that guests value, capitalize on high growth opportunities and drive the company’s financial performance through operational excellence. Norwegian shares were up 4.06% at $16.39 at the time of publication, according to Benzinga Pro.
