Professional
Added to YB: 2024-05-22
Pitch date: 2024-05-21
NCLH [bullish]
Norwegian Cruise Line Holdings Ltd.
+23.21%
current return
Author Info
No bio for this author
Company Info
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally.
Market Cap
$8.7B
Pitch Price
$16.93
Price Target
30.00 (+44%)
Dividend
N/A
EV/EBITDA
8.80
P/E
13.68
EV/Sales
2.46
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Narrow-Moat Norwegian Charts a Detailed Course to Improving Profits
NCLH: Narrow-moat rating reinstated on improving returns. 2024 EPS guidance raised to $1.42 on strong wave season pricing, 2026 target of $2.45 EPS & 39% op margins set. Moat from scale, brand & cost advantages. Very high uncertainty, capital allocation standard. New CEO Harry Sommer well-suited. $30 FVE.
Read full article (13 min)