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Norwegian Cruise Line (NCLH) Stock Sinks As Market Gains: What You Should Know
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In the latest close session, Norwegian Cruise Line (NCLH - Free Report) was down 1.88% at $14.12. The stock's performance was behind the S&P 500's daily gain of 0.17%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.4%.
Coming into today, shares of the cruise operator had lost 14.09% in the past month. In that same time, the Consumer Discretionary sector lost 5.4%, while the S&P 500 lost 1.29%.
Market participants will be closely following the financial results of Norwegian Cruise Line in its upcoming release. The company's earnings per share (EPS) are projected to be $0.89, reflecting a 25.83% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.88 billion, showing a 2.13% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.57 per share and a revenue of $10.05 billion, demonstrating changes of -25.59% and +2.25%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Norwegian Cruise Line. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.54% lower. Norwegian Cruise Line is currently sporting a Zacks Rank of #4 (Sell).
Looking at its valuation, Norwegian Cruise Line is holding a Forward P/E ratio of 9.17. Its industry sports an average Forward P/E of 14.78, so one might conclude that Norwegian Cruise Line is trading at a discount comparatively.
It's also important to note that NCLH currently trades at a PEG ratio of 0.72. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.12 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 198, this industry ranks in the bottom 20% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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) Stock Sinks As Market Gains: What You Should Know
In the latest close session, Norwegian Cruise Line (NCLH - Free Report) was down 1.88% at $14.12. The stock's performance was behind the S&P 500's daily gain of 0.17%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.4%.
Coming into today, shares of the cruise operator had lost 14.09% in the past month. In that same time, the Consumer Discretionary sector lost 5.4%, while the S&P 500 lost 1.29%.
Market participants will be closely following the financial results of Norwegian Cruise Line in its upcoming release. The company's earnings per share (EPS) are projected to be $0.89, reflecting a 25.83% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.88 billion, showing a 2.13% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.57 per share and a revenue of $10.05 billion, demonstrating changes of -25.59% and +2.25%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Norwegian Cruise Line. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.54% lower. Norwegian Cruise Line is currently sporting a Zacks Rank of #4 (Sell).
Looking at its valuation, Norwegian Cruise Line is holding a Forward P/E ratio of 9.17. Its industry sports an average Forward P/E of 14.78, so one might conclude that Norwegian Cruise Line is trading at a discount comparatively.
It's also important to note that NCLH currently trades at a PEG ratio of 0.72. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.12 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 198, this industry ranks in the bottom 20% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.