Is Norwegian Cruise Line Holdings Ltd’s Fuel For Real? The Stock Was Bought By Option Traders

 Is Norwegian Cruise Line Holdings Ltd's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session Norwegian Cruise Line Holdings Ltd (NCLH) registered an unusually high (94) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious NCLH increase. With 94 contracts traded and 3004 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: NCLH161216C00037500 closed last at: $2.65 or 0% . The stock last traded at $38.05 per share. It is down 24.70% since March 2, 2016 and is downtrending. It has underperformed by 32.96% the S&P500.

Analysts await Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) to report earnings on November, 1. They expect $1.60 EPS, up 24.03% or $0.31 from last year’s $1.29 per share. NCLH’s profit will be $365.83 million for 5.95 P/E if the $1.60 EPS becomes a reality. After $0.78 actual EPS reported by Norwegian Cruise Line Holdings Ltd for the previous quarter, Wall Street now forecasts 105.13% EPS growth.

Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) Ratings Coverage

Out of 12 analysts covering Norwegian Cruise Line (NASDAQ:NCLH), 8 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 67% are positive. Norwegian Cruise Line has been the topic of 23 analyst reports since August 5, 2015 according to StockzIntelligence Inc. On Wednesday, November 18 the stock rating was initiated by Wolfe Research with “Peer Perform”. The rating was maintained by Stifel Nicolaus on Wednesday, August 5 with “Buy”. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) earned “Neutral” rating by Goldman Sachs on Wednesday, February 24. The firm has “Neutral” rating by UBS given on Wednesday, October 5. The rating was downgraded by Goldman Sachs to “Sell” on Wednesday, December 9. Sterne Agee CRT initiated Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) on Tuesday, June 7 with “Buy” rating. As per Tuesday, October 4, the company rating was initiated by Macquarie Research. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, July 20. The firm has “Buy” rating by SunTrust given on Thursday, March 17. The rating was initiated by Bernstein on Friday, September 9 with “Outperform”.

According to Zacks Investment Research, “Norwegian Cruise Line is a cruise line operator. It offers cruise itineraries in various locations, including destinations in the Caribbean, Bermuda, the Bahamas, Mexico, Alaska, Europe, Hawaii, New England, Central America, North Africa, and Scandinavia. The company markets its services primarily through retail/travel agents. Norwegian Cruise Line is headquartered in Miami, Florida.”

Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.10, from 1.19 in 2016Q1. The ratio is negative, as 45 funds sold all Norwegian Cruise Line Holdings Ltd shares owned while 93 reduced positions. 53 funds bought stakes while 98 increased positions. They now own 198.20 million shares or 3.72% more from 191.09 million shares in 2016Q1.
Moreover, Shufro Rose Llc has 0.09% invested in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 19,900 shares. Checchi Cap Advisers Ltd Co holds 0% or 955 shares in its portfolio. Mizuho Asset Coltd holds 2,595 shares or 0.02% of its portfolio. Aqr Mngmt Lc holds 141,643 shares or 0.01% of its portfolio. Teachers Inc reported 1.81 million shares or 0.13% of all its holdings. Commerzbank Aktiengesellschaft Fi has 12,502 shares for 0% of their US portfolio. Round Table Lc has 5,163 shares for 0.12% of their US portfolio. New York State Common Retirement Fund has 505,721 shares for 0.03% of their US portfolio. Tiaa Cref Mgmt Ltd Limited Liability Company accumulated 0.18% or 6.05 million shares. Price T Rowe Associate Md holds 0.24% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 27.91M shares. M&T Commercial Bank, a New York-based fund reported 7,195 shares. Oregon Pub Employees Retirement Fund last reported 15,100 shares in the company. First Foundation Advsrs holds 0.02% or 5,425 shares in its portfolio. Thompson Davis & accumulated 0.01% or 237 shares. Springbok Cap Mgmt Lc holds 0.22% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) for 40,100 shares.

Insider Transactions: Since August 31, 2016, the stock had 2 buys, and 0 selling transactions for $3.43 million net activity. 83,498 shares were bought by Del Rio Frank J, worth $3.00M. Lindsay T. Robin had bought 12,000 shares worth $430,800 on Friday, September 2.

Norwegian Cruise Line Holdings Ltd. is a global cruise company. The company has a market cap of $8.70 billion. The Firm operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. It has a 17.15 P/E ratio. The Company’s brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths.

NCLH Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH), incorporated on February 21, 2011, is a global cruise company. The Firm operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company’s brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths. The Company’s brands offer various features, amenities, and activities, including various accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas and various entertainment choices. All the brands offer a selection of shore excursions at each port of call, as well as hotel packages for stays before or after a voyage.

More notable recent Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) news were published by: Fool.com which released: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 16% in August” on September 06, 2016, also Investorplace.com with their article: “Norwegian Cruise Line Holdings Ltd: Too Cheap to Pass Up (NCLH)” published on September 19, 2016, Fool.com published: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 11% Today” on August 09, 2016. More interesting news about Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) were released by: Fool.com and their article: “Why Norwegian Cruise Line Holdings Ltd. Shares Rose 12% Last Month” published on April 10, 2016 as well as Fool.com‘s news article titled: “Why Norwegian Cruise Line Holdings Ltd. Dropped 14% in June” with publication date: July 12, 2016.

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