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Norwegian Cruise Line (NCLH) Gains As Market Dips: What You Should Know
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Norwegian Cruise Line (NCLH - Free Report) closed at $22.47 in the latest trading session, marking a +1.31% move from the prior day. This move outpaced the S&P 500's daily loss of 0.06%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, lost 0.3%.
Heading into today, shares of the cruise operator had gained 10.73% over the past month, outpacing the Consumer Discretionary sector's gain of 1.83% and the S&P 500's gain of 5.76% in that time.
Norwegian Cruise Line will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$1.73, up 25.75% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $585.37 million, up 6010.3% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Norwegian Cruise Line. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Norwegian Cruise Line is currently a Zacks Rank #3 (Hold).
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow NCLH in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Norwegian Cruise Line (NCLH) Gains As Market Dips: What You Should Know
Norwegian Cruise Line (NCLH - Free Report) closed at $22.47 in the latest trading session, marking a +1.31% move from the prior day. This move outpaced the S&P 500's daily loss of 0.06%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, lost 0.3%.
Heading into today, shares of the cruise operator had gained 10.73% over the past month, outpacing the Consumer Discretionary sector's gain of 1.83% and the S&P 500's gain of 5.76% in that time.
Norwegian Cruise Line will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$1.73, up 25.75% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $585.37 million, up 6010.3% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Norwegian Cruise Line. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Norwegian Cruise Line is currently a Zacks Rank #3 (Hold).
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow NCLH in the coming trading sessions, be sure to utilize Zacks.com.