We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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) Ascends While Market Falls: Some Facts to Note
Read MoreHide Full Article
The most recent trading session ended with Norwegian Cruise Line (NCLH - Free Report) standing at $20.94, reflecting a +0.05% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.2% loss on the day. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq added 0.11%.
Prior to today's trading, shares of the cruise operator had gained 8.5% over the past month. This has outpaced the Consumer Discretionary sector's gain of 0.59% and the S&P 500's gain of 3.32% in that time.
The upcoming earnings release of Norwegian Cruise Line will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.11, reflecting a 136.67% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.22 billion, up 22.09% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.25 per share and a revenue of $9.37 billion, representing changes of +78.57% and +9.6%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Norwegian Cruise Line. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 12.07% rise in the Zacks Consensus EPS estimate. Currently, Norwegian Cruise Line is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Norwegian Cruise Line is currently exchanging hands at a Forward P/E ratio of 16.71. This indicates a discount in contrast to its industry's Forward P/E of 16.74.
Meanwhile, NCLH's PEG ratio is currently 0.35. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Leisure and Recreation Services industry stood at 1.3 at the close of the market yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 90, putting it in the top 36% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming 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) Ascends While Market Falls: Some Facts to Note
The most recent trading session ended with Norwegian Cruise Line (NCLH - Free Report) standing at $20.94, reflecting a +0.05% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.2% loss on the day. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq added 0.11%.
Prior to today's trading, shares of the cruise operator had gained 8.5% over the past month. This has outpaced the Consumer Discretionary sector's gain of 0.59% and the S&P 500's gain of 3.32% in that time.
The upcoming earnings release of Norwegian Cruise Line will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.11, reflecting a 136.67% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.22 billion, up 22.09% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.25 per share and a revenue of $9.37 billion, representing changes of +78.57% and +9.6%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Norwegian Cruise Line. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 12.07% rise in the Zacks Consensus EPS estimate. Currently, Norwegian Cruise Line is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Norwegian Cruise Line is currently exchanging hands at a Forward P/E ratio of 16.71. This indicates a discount in contrast to its industry's Forward P/E of 16.74.
Meanwhile, NCLH's PEG ratio is currently 0.35. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Leisure and Recreation Services industry stood at 1.3 at the close of the market yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 90, putting it in the top 36% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.