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Norwegian Cruise Line (NCLH) Increases Despite Market Slip: Here's What You Need to Know
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Norwegian Cruise Line (NCLH - Free Report) closed the most recent trading day at $20.39, moving +1.75% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 1.44%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 2.22%.
The cruise operator's stock has climbed by 22.94% in the past month, exceeding the Consumer Discretionary sector's loss of 1.97% and the S&P 500's gain of 0.08%.
Analysts and investors alike will be keeping a close eye on the performance of Norwegian Cruise Line in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.39, indicating a 23.53% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.62 billion, indicating a 4.23% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.68 per share and a revenue of $10.14 billion, signifying shifts of -20.38% and +3.17%, respectively, from the last year.
Any recent changes to analyst estimates for Norwegian Cruise Line should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Norwegian Cruise Line is holding a Zacks Rank of #4 (Sell) right now.
Investors should also note Norwegian Cruise Line's current valuation metrics, including its Forward P/E ratio of 11.93. This expresses a discount compared to the average Forward P/E of 16.18 of its industry.
It is also worth noting that NCLH currently has a PEG ratio of 1.12. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.45 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 189, positioning it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Norwegian Cruise Line (NCLH) Increases Despite Market Slip: Here's What You Need to Know
Norwegian Cruise Line (NCLH - Free Report) closed the most recent trading day at $20.39, moving +1.75% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 1.44%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 2.22%.
The cruise operator's stock has climbed by 22.94% in the past month, exceeding the Consumer Discretionary sector's loss of 1.97% and the S&P 500's gain of 0.08%.
Analysts and investors alike will be keeping a close eye on the performance of Norwegian Cruise Line in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.39, indicating a 23.53% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.62 billion, indicating a 4.23% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.68 per share and a revenue of $10.14 billion, signifying shifts of -20.38% and +3.17%, respectively, from the last year.
Any recent changes to analyst estimates for Norwegian Cruise Line should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Norwegian Cruise Line is holding a Zacks Rank of #4 (Sell) right now.
Investors should also note Norwegian Cruise Line's current valuation metrics, including its Forward P/E ratio of 11.93. This expresses a discount compared to the average Forward P/E of 16.18 of its industry.
It is also worth noting that NCLH currently has a PEG ratio of 1.12. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.45 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 189, positioning it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.