NCLH: Norwegian Cruise Line Holdings Ltd Stock Price Quote New York

Table Of Content

• Why Norwegian Cruise Line Stock Jumped 31% in December
• Norwegian Cruise Line Estimates* in USD
• Financial Strength
• NORWEGIAN CRUISE LINE UNVEILS ALL-NEW CULINARY EXPERIENCES TO DEBUT ABOARD NORWEGIAN AQUA
• Company
• Company Profile
• Charting New Waters: Norwegian Cruise Line Unveils Ambitious Plans For Eight Ships

Norwegian has lagged behind its competitors, although others are still posting losses as the industry battles higher fuel prices and interest rates. Norwegian is also projecting full-year earnings per share of 70 cents in 2023, well below expectations of $1.04. The guidance comes as the company struggles to reduce the costs and debt weighing down the business. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings.

Why Norwegian Cruise Line Stock Jumped 31% in December

(2) Non-cash share-based compensation expenses related to equity awards, which are included in marketing, general and administrative expense and payroll and related expense. Norwegian Cruise Line Holdings Ltd. operates a fleet of passenger cruise ships. The Company offers an array of cruise itineraries and theme cruises, as well as markets its services through various distribution channels including retail and travel agents, international and incentive sales, and consumer direct.

Norwegian Cruise Line Estimates* in USD

Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. So I think it may be worth checking this free report on analyst forecasts for the company. Bear in mind, a high ROE doesn't always mean superior financial performance. A higher proportion of debt in a company's capital structure may also result in a high ROE, where the high debt levels could be a huge risk . (6) Non-cash interest expense related to a beneficial conversion feature recognized on our exchangeable notes and additional payment-in-kind interest recognized upon transfer to the debt principal, which is recognized in interest expense, net. Net Cruise Cost less fuel expense adjusted for supplemental adjustments.

Financial Strength

The company expects an adjusted loss in its upcoming quarter, casting a shadow over several positive developments with the business. CEO Frank Del Rio said the company's first 2023 quarter "will be the highest cost quarter," but added that the second half will be better. Norwegian is projecting losses of 45 cents per share in the first quarter, 10 cents higher than Wall Street had anticipated. Royal Caribbean also just raised its annual adjusted earnings per share to a new range of $9.90 to $10.10 for a prior range of $9.50 to $9.70. “Bookings have been significantly higher than during the same period last year, with the back half of the year up by more than the front half,” the company added.

NORWEGIAN CRUISE LINE UNVEILS ALL-NEW CULINARY EXPERIENCES TO DEBUT ABOARD NORWEGIAN AQUA

While Norwegian Cruise Line currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.55 in profit. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital.

Norwegian Cruise Line (NCLH) Beats Stock Market Upswing: What Investors Need to Know - Yahoo Finance

Norwegian Cruise Line (NCLH) Beats Stock Market Upswing: What Investors Need to Know.

Posted: Thu, 25 Jan 2024 08:00:00 GMT [source]

In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the debt used for growth will improve returns, but won't affect the total equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. (1) Non-cash deferred compensation expenses related to the crew pension plan and other crew expenses are included in payroll and related expense and other income (expense), net. Interest Expense, net is expected to be approximately $595 million for full year 2022, excluding losses on extinguishment of debt and debt modification costs.

Investors in Norwegian Cruise Line Holdings (NYSE:NCLH) have seen favorable returns of 67% over the past year - Yahoo Finance

Investors in Norwegian Cruise Line Holdings (NYSE:NCLH) have seen favorable returns of 67% over the past year.

Posted: Tue, 26 Dec 2023 08:00:00 GMT [source]

The limitation of this approach is that some companies are quite different from others, even within the same industry classification. As is clear from the image below, Norwegian Cruise Line Holdings has a better ROE than the average (17%) in the Hospitality industry. Other income (expense), net was income of $66.5 million in 2021 compared to expense of $(1.3) million in 2020. In 2021, the income primarily related to gains from derivatives not designated as hedges and foreign currency exchange. Other income (expense), net was income of $124.0 million in 2021 compared to expense of $(33.6) million in 2020.

Charting New Waters: Norwegian Cruise Line Unveils Ambitious Plans For Eight Ships

Full-year 2023 revenues grew 32% over pre-Covid-19 levels at $8.55 billion. Bookings hit all-time highs, with pricing reflecting some of the best booking weeks in history. Total occupancy reached 102.9%, with total revenue per passenger cruise day up 17% from 2019. Advanced ticket sales balance ended the year at $3.2 billion, up 52% from the end of 2019. We use certain non-GAAP financial measures, such as Net Cruise Cost, Adjusted Net Cruise Cost Excluding Fuel, Adjusted EBITDA, Adjusted Net Loss, Adjusted Net Income and Adjusted EPS, to enable us to analyze our performance.

The Company reported Adjusted Net Loss of $(765.0) million or Adjusted EPS of $(1.95) in 2021. This compares to Adjusted Net Loss and Adjusted EPS of $(683.8) million and $(2.33), respectively, in 2020. GAAP net loss was $(4.5) billion or EPS of $(12.33) compared to a net loss of $(4.0) billion or EPS of $(15.75) in the prior year.

In 2021, the Company’s brands safely carried over 230,000 guests who had prevalence rates vastly lower than what has been experienced on land during the pandemic. These health and safety measures will be continuously evaluated and modified, with guidance from the SailSAFE Global Health and Wellness Council, as science, technology and the prevalence of COVID-19 evolve. Royal Caribbean saw its stock jump after posting narrower than expected fourth quarter losses and bookings earlier in February. Morgan Stanley had upgraded the rival company in January, naming it the "superior cruise operator" coming out of the pandemic. Even Barron’s just noted, “Carnival has hit some rough waters, but its recent post-earnings selloff looks like a great opportunity to book a cruise on its stock at a discount.” Even Tigress Financial just raised its price targeton CCL to $25 with a buy rating. All thanks to positive booking trends, and stronger consumer demand for cruises.

In addition, Adjusted Net Loss, Adjusted Net Income and Adjusted EPS are non-GAAP financial measures that exclude certain amounts and are used to supplement GAAP net loss and EPS. We use Adjusted Net Loss, Adjusted Net Income and Adjusted EPS as key performance measures of our earnings performance. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting and analyzing future periods. These non-GAAP financial measures also facilitate management’s internal comparison to our historical performance.

With ships fully deployed at historical occupancy levels, pricing surpassed prepandemic levels in 2023, and pricing momentum has persisted into 2024. While Norwegian could intermittently see pricing competition in periods of macroeconomic distress, we believe its freestyle offering and attractive itineraries will keep passengers engaged with the brand. On the cost side, while higher oil prices and unfavorable foreign exchange could elevate costs at times, we expect management will focus on extracting further efficiencies as the business continues to scale.

Waters, the agency’s voluntary COVID-19 risk mitigation program for foreign-flagged cruise ships operating in U.S. waters. Norwegian Cruise Line shares fell more than 10% on Tuesday after the company posted wider losses than expected and offered soft guidance for the year, despite persistent travel demand. According to the issued ratings of 14 analysts in the last year, the consensus rating for Norwegian Cruise Line stock is Hold based on the current 1 sell rating, 9 hold ratings, 3 buy ratings and 1 strong buy rating for NCLH. The average twelve-month price prediction for Norwegian Cruise Line is $20.87 with a high price target of $32.00 and a low price target of $15.00. One simple way to determine if a company has a good return on equity is to compare it to the average for its industry.