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Norwegian Cruise Line (NCLH) Beats Stock Market Upswing: What Investors Need to Know
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Norwegian Cruise Line (NCLH - Free Report) closed the most recent trading day at $14.61, moving +2.96% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.51%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.48%.
The cruise operator's stock has dropped by 14.78% in the past month, falling short of the Consumer Discretionary sector's loss of 8.98% and the S&P 500's gain of 0.74%.
Investors will be eagerly watching for the performance of Norwegian Cruise Line in its upcoming earnings disclosure. In that report, analysts expect Norwegian Cruise Line to post earnings of $0.89 per share. This would mark a year-over-year decline of 25.83%. Meanwhile, the latest consensus estimate predicts the revenue to be $2.88 billion, indicating a 2.13% decrease compared to the same quarter of the previous year.
NCLH's full-year Zacks Consensus Estimates are calling for earnings of $1.57 per share and revenue of $10.05 billion. These results would represent year-over-year changes of -25.59% and +2.25%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Norwegian Cruise Line. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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, 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 no change in the Zacks Consensus EPS estimate. Norwegian Cruise Line is holding a Zacks Rank of #4 (Sell) right now.
Looking at its valuation, Norwegian Cruise Line is holding a Forward P/E ratio of 9.05. This indicates a discount in contrast to its industry's Forward P/E of 14.32.
Meanwhile, NCLH's PEG ratio is currently 0.71. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Leisure and Recreation Services industry had an average PEG ratio of 1.05.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 187, finds itself in the bottom 24% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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) Beats Stock Market Upswing: What Investors Need to Know
Norwegian Cruise Line (NCLH - Free Report) closed the most recent trading day at $14.61, moving +2.96% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.51%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.48%.
The cruise operator's stock has dropped by 14.78% in the past month, falling short of the Consumer Discretionary sector's loss of 8.98% and the S&P 500's gain of 0.74%.
Investors will be eagerly watching for the performance of Norwegian Cruise Line in its upcoming earnings disclosure. In that report, analysts expect Norwegian Cruise Line to post earnings of $0.89 per share. This would mark a year-over-year decline of 25.83%. Meanwhile, the latest consensus estimate predicts the revenue to be $2.88 billion, indicating a 2.13% decrease compared to the same quarter of the previous year.
NCLH's full-year Zacks Consensus Estimates are calling for earnings of $1.57 per share and revenue of $10.05 billion. These results would represent year-over-year changes of -25.59% and +2.25%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Norwegian Cruise Line. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent 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, 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 no change in the Zacks Consensus EPS estimate. Norwegian Cruise Line is holding a Zacks Rank of #4 (Sell) right now.
Looking at its valuation, Norwegian Cruise Line is holding a Forward P/E ratio of 9.05. This indicates a discount in contrast to its industry's Forward P/E of 14.32.
Meanwhile, NCLH's PEG ratio is currently 0.71. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Leisure and Recreation Services industry had an average PEG ratio of 1.05.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 187, finds itself in the bottom 24% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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.