Table Of Content
- Top 3 Financial Services Stocks With Unstoppable Momentum
- Does Norwegian Cruise Line Holdings Have A Good Return On Equity?
- See More Zacks Research for These Tickers
- What Can Investors Expect from Big Tech Earnings?
- Travel Services Industry Comparables
- Combining Norwegian Cruise Line Holdings' Debt And Its 55% Return On Equity
As is clear from the image below, Norwegian Cruise Line Holdings has a better ROE than the average (17%) in the Hospitality industry. IF NCLH stock moved by -5% over 5 trading days, THEN over the next 21 trading days, NCLH stock moves an average of 4.5%, with a 62.8% probability of a positive return over this period. Now while cruise stocks have moved considerably over the last year, 2020 has also created many pricing discontinuities which can offer attractive trading opportunities. For example, you’ll be surprised how the stock valuation for Northrop Grumman vs. Atlas Air Worldwide Holdings shows a disconnect with their relative operational growth. While Norwegian is likely to start cruises from the U.S. around early August, it says that it now plans to operate 23 of its 28 ships through early 2022.
Top 3 Financial Services Stocks With Unstoppable Momentum
In terms of the trailing-12-month gross profit margin, CCL’s 50.52% is 39.6% higher than the 36.18% industry average. Its 19.26% trailing-12-month Capex / Sales is 533.2% higher than the 3.04% industry average. However, the stock’s 3.67% trailing-12-month Return on Total Capital is 39.9% lower than the 6.11% industry average. NCLH’s revenues for the fiscal fourth quarter ended December 31, 2023, came in at $1.99 billion.
Does Norwegian Cruise Line Holdings Have A Good Return On Equity?
Del Rio did not rule out an equity raise to manage debt, but he said it wouldn't be "prudent to issue more equity to de-lever the company," even though "there's a lot of work to do." The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. Beyond what we have stated above, we also have given CCL grades for Growth, Value, and Stability. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics.
See More Zacks Research for These Tickers
MIAMI--(BUSINESS WIRE)--Brenock Technology and Shoretime Announce Integration and Deal with Norwegian Cruise Line Holdings to Enhance Excursion Management. For the full year 2024, the company expects an adjusted profit of about $635 million, or $1.23 per share. Set sail on an epic 180-day world journey across six continents visiting 43 countries, 101 ports and 81 UNESCO World Heritage sites MIAMI , March 5, 2024 /PRNewswire/ -- Opening up the world to a new ... Sailings explore destinations from Tokyo to Cape Town to Bali to Rio de Janeiro MIAMI , March 26, 2024 /PRNewswire/ -- Oceania Cruises, the world's leading culinary- and destination-focused cruise lin...
What Can Investors Expect from Big Tech Earnings?
This could give potential cruise customers confidence that cruising is a relatively safe activity post-vaccination. Street expects RCL’s revenue for the quarter ended March 31, 2024, to increase 27.7% to $3.68 billion. Its EPS for the quarter ended June 30, 2024, is expected to increase 30.4% year-over-year to $2.37. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past month, the stock has declined marginally to close the last trading session at $127.97. Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally.
Travel Services Industry Comparables
Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. It has an overall rating of D, equating to a Sell in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting. NCLH and its subsidiaries operate as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company manages the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands.
The guidance comes as the company struggles to reduce the costs and debt weighing down the business. Over the past nine months, NCLH’s stock has declined 13.2% to close the last trading session at $18.02. Cruise Lines International Association (CLIA) predicts 35.7 million passengers will cruise in 2024. Also, member cruise lines will see a 7.5% passenger increase this year. The global cruise market is expected to grow at a 5.1% CAGR, reaching $36.67 billion by 2028. Demand has been so strong that companies are looking to add capacity.
Combining Norwegian Cruise Line Holdings' Debt And Its 55% Return On Equity
The travel and tourism industry is booming thanks to a rise in young travelers, greater interest in experiences, and the return of business travel. Recent travel trends show that guests now prefer trips that mix work with exploration, relaxation, and discovery. Additionally, travel companies are adopting digital solutions to meet evolving consumer needs and sustainability goals helping boost the industry’s growth prospects.
CCL’s uncertain outlook justifies its overall rating of C, which translates to Neutral in our proprietary POWR Ratings system. It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 14.42; value investors should take notice. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. Set sail on an epic 59-day Grand Voyage from Barcelona to Singapore Download images of Riviera here MIAMI , Jan. 4, 2024 /PRNewswire/ -- Oceania Cruises , the world's leading culinary- and destination... Enjoy up to 50% Off on Select Sailings in 2024 and 2025 MIAMI , Jan. 9, 2024 /PRNewswire/ -- Oceania Cruises , the world's leading culinary- and destination-focused cruise line, is ringing in the new ...
MIAMI , Feb. 15, 2024 /PRNewswire/ -- Oceania Cruises , the world's leading culinary- and destination-focused cruise line, has announced that the premiere issue of their brand new Your World magazine ... MIAMI , March 20, 2024 /PRNewswire/ -- Oceania Cruises , the world's leading culinary- and destination-focused cruise line, has announced the appointment of its two Master Chefs of France, Chef Alexi... See our analysis on Norwegian Cruise Line Stock Chances Of Rise for more details on the stock’s recent performance and where it could be headed.
Why Norwegian Cruise Line Stock Dropped 11% Last Month - The Motley Fool
Why Norwegian Cruise Line Stock Dropped 11% Last Month.
Posted: Mon, 05 Feb 2024 08:00:00 GMT [source]
If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. Bear in mind, a high ROE doesn't always mean superior financial performance. A higher proportion of debt in a company's capital structure may also result in a high ROE, where the high debt levels could be a huge risk .
That said, 2022 is looking much stronger, with consensus estimates pointing to revenues of $6 billion, just slightly below the $6.5 billion in revenue the company posted in 2019. There have been two largely positive developments for the recreational cruising space this month. Centers for Disease Control and Prevention said that fully vaccinated people can stop wearing masks and social distancing outdoors and in most indoor settings.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.11 to $1.26 per share. Cruise stocks rallied in intraday trading Tuesday after a strong earnings report and forecast from Norwegian Cruise Line Holdings (NCLH). According to 15 analysts, the average rating for NCLH stock is "Hold." The 12-month stock price forecast is $20.07, which is an increase of 9.73% from the latest price. Norwegian said its costs continue to rise, exacerbated by inflation, even as it returns more ships to service.
While Norwegian Cruise Line currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days.
Shares of NCLH stock traded up $0.12 during mid-day trading on Friday, hitting $18.29. The stock had a trading volume of 10,613,099 shares, compared to its average volume of 10,730,688. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $12.41 and a fifty-two week high of $22.75.
The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings.
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