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) Suffers a Larger Drop Than the General Market: Key Insights
Read MoreHide Full Article
Norwegian Cruise Line (NCLH - Free Report) ended the recent trading session at $18.95, demonstrating a -3.51% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 1.51%. Meanwhile, the Dow lost 0.97%, and the Nasdaq, a tech-heavy index, lost 2.01%.
Heading into today, shares of the cruise operator had lost 17.27% over the past month, lagging the Consumer Discretionary sector's loss of 3.7% and the S&P 500's loss of 3.63%.
The investment community will be paying close attention to the earnings performance of Norwegian Cruise Line in its upcoming release. It is anticipated that the company will report an EPS of $0.16, marking a 128.57% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.34 billion, up 9.87% from the prior-year quarter.
NCLH's full-year Zacks Consensus Estimates are calling for earnings of $2.44 per share and revenue of $10.56 billion. These results would represent year-over-year changes of +15.64% and +7.49%, respectively.
Any recent changes to analyst estimates for Norwegian Cruise Line should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. The Zacks Consensus EPS estimate has moved 3.45% lower within the past month. Norwegian Cruise Line is currently sporting a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Norwegian Cruise Line is presently being traded at a Forward P/E ratio of 8.05. For comparison, its industry has an average Forward P/E of 15.63, which means Norwegian Cruise Line is trading at a discount to the group.
It's also important to note that NCLH currently trades at a PEG ratio of 0.48. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. NCLH's industry had an average PEG ratio of 1.31 as of yesterday's close.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Norwegian Cruise Line (NCLH) Suffers a Larger Drop Than the General Market: Key Insights
Norwegian Cruise Line (NCLH - Free Report) ended the recent trading session at $18.95, demonstrating a -3.51% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 1.51%. Meanwhile, the Dow lost 0.97%, and the Nasdaq, a tech-heavy index, lost 2.01%.
Heading into today, shares of the cruise operator had lost 17.27% over the past month, lagging the Consumer Discretionary sector's loss of 3.7% and the S&P 500's loss of 3.63%.
The investment community will be paying close attention to the earnings performance of Norwegian Cruise Line in its upcoming release. It is anticipated that the company will report an EPS of $0.16, marking a 128.57% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.34 billion, up 9.87% from the prior-year quarter.
NCLH's full-year Zacks Consensus Estimates are calling for earnings of $2.44 per share and revenue of $10.56 billion. These results would represent year-over-year changes of +15.64% and +7.49%, respectively.
Any recent changes to analyst estimates for Norwegian Cruise Line should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. The Zacks Consensus EPS estimate has moved 3.45% lower within the past month. Norwegian Cruise Line is currently sporting a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Norwegian Cruise Line is presently being traded at a Forward P/E ratio of 8.05. For comparison, its industry has an average Forward P/E of 15.63, which means Norwegian Cruise Line is trading at a discount to the group.
It's also important to note that NCLH currently trades at a PEG ratio of 0.48. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. NCLH's industry had an average PEG ratio of 1.31 as of yesterday's close.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.