We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Norwegian Cruise Line (NCLH) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
The latest trading session saw Norwegian Cruise Line (NCLH - Free Report) ending at $25.42, denoting a -1.93% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.26%. On the other hand, the Dow registered a gain of 0.8%, and the technology-centric Nasdaq increased by 1.77%.
The cruise operator's stock has dropped by 6.16% in the past month, falling short of the Consumer Discretionary sector's loss of 4.19% and the S&P 500's loss of 2.82%.
The upcoming earnings release of Norwegian Cruise Line will be of great interest to investors. The company is expected to report EPS of $0.11, up 161.11% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $2.09 billion, reflecting a 5.24% rise from the equivalent quarter last year.
It is also important to note the recent changes to analyst estimates for Norwegian Cruise Line. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.54% increase. Right now, Norwegian Cruise Line possesses a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Norwegian Cruise Line is presently being traded at a Forward P/E ratio of 12.52. This valuation marks a discount compared to its industry's average Forward P/E of 17.49.
Investors should also note that NCLH has a PEG ratio of 0.21 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Leisure and Recreation Services industry had an average PEG ratio of 0.79 as trading concluded yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Norwegian Cruise Line (NCLH) Stock Declines While Market Improves: Some Information for Investors
The latest trading session saw Norwegian Cruise Line (NCLH - Free Report) ending at $25.42, denoting a -1.93% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.26%. On the other hand, the Dow registered a gain of 0.8%, and the technology-centric Nasdaq increased by 1.77%.
The cruise operator's stock has dropped by 6.16% in the past month, falling short of the Consumer Discretionary sector's loss of 4.19% and the S&P 500's loss of 2.82%.
The upcoming earnings release of Norwegian Cruise Line will be of great interest to investors. The company is expected to report EPS of $0.11, up 161.11% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $2.09 billion, reflecting a 5.24% rise from the equivalent quarter last year.
It is also important to note the recent changes to analyst estimates for Norwegian Cruise Line. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.54% increase. Right now, Norwegian Cruise Line possesses a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Norwegian Cruise Line is presently being traded at a Forward P/E ratio of 12.52. This valuation marks a discount compared to its industry's average Forward P/E of 17.49.
Investors should also note that NCLH has a PEG ratio of 0.21 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Leisure and Recreation Services industry had an average PEG ratio of 0.79 as trading concluded yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.