NCLH Stock Summary and Trading Ideas (Norwegian Cruise Line Holdings Ltd. | NYSE:NCLH)

Norwegian Cruise Line is the world's third-largest cruise company by berths (around 66,500). It operates 32 ships across three brands —Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With five passenger vessels on order among its brands through 2028, representing 16,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.

Norwegian Cruise Line Holdings Ltd. trades on the NYSE stock market under the symbol NCLH.

As of April 18, 2024, NCLH stock price climbed to $18.44 with 4,062,675 million shares trading.

NCLH has a beta of 2.07, meaning it tends to be more sensitive to market movements. NCLH has a correlation of 0.20 to the broad based SPY ETF.

NCLH has a market cap of $7.84 billion. This is considered a Mid Cap stock.

Last quarter Norwegian Cruise Line Holdings Ltd. reported $2 billion in Revenue and -$.18 earnings per share. This beat revenue expectation by $16 million and missed earnings estimates by -$.04.

In the last 3 years, NCLH stock traded as high as $33.95 and as low as $10.31.

The top ETF exchange traded funds that NCLH belongs to (by Net Assets): VTI, VB, VOO, VBR, RSP.

NCLH has outperformed the market in the last year with a return of +42.4%, while the SPY ETF gained +23.0%. In the last 3 month period, NCLH beat the market returning +8.0%, while SPY returned +6.7%. However, in the most recent 2 weeks NCLH has underperformed the stock market by returning -4.4%, while SPY returned -3.2%.

NCLH support price is $17.44 and resistance is $18.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NCLH stock will trade within this expected range on the day.