Could Norwegian Cruise Line Holdings Ltd Lose Strenght? Option Traders Don’t Think So

 Could Norwegian Cruise Line Holdings Ltd Lose Strenght? Option Traders Don't Think So

In today’s session Norwegian Cruise Line Holdings Ltd (NCLH) registered an unusually high (310) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious NCLH increase. With 310 contracts traded and 125674 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: NCLH161021C00037500 closed last at: $0.95 or 17.4% down. About 1.55M shares traded hands. Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has declined 24.87% since March 14, 2016 and is downtrending. It has underperformed by 30.49% 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 $359.02M for 5.86 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 13 analysts covering Norwegian Cruise Line (NASDAQ:NCLH), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. Norwegian Cruise Line has been the topic of 24 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) earned “Buy” rating by Zacks on Monday, August 10. The firm earned “Sell” rating on Wednesday, December 9 by Goldman Sachs. The firm has “Neutral” rating given on Wednesday, October 5 by UBS. The firm has “Buy” rating by Sterne Agee CRT given on Tuesday, June 7. The stock of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has “Neutral” rating given on Tuesday, October 4 by Macquarie Research. The firm has “Buy” rating given on Tuesday, September 13 by Citigroup. Goldman Sachs upgraded the stock to “Neutral” rating in Wednesday, February 24 report. The stock has “Buy” rating given by Buckingham Research on Friday, February 19. The rating was initiated by Wolfe Research with “Peer Perform” on Wednesday, November 18. The company was maintained on Wednesday, August 10 by Nomura.

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.
Virginia Retirement System Et Al last reported 59,200 shares in the company. Advisors Asset Mgmt holds 5,472 shares or 0% of its portfolio. Goldman Sachs Gru holds 541,868 shares or 0.01% of its portfolio. Daiwa Group Inc has invested 0% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Mufg Americas Holdings Corp owns 280 shares or 0% of their US portfolio. Oregon Pub Employees Retirement Fund has invested 0.01% of its portfolio in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). Retail Bank Of New York Mellon holds 661,340 shares or 0.01% of its portfolio. Sei Com last reported 6,706 shares in the company. Wall Street Associates has 6,012 shares for 0.1% of their US portfolio. Logan Cap Mngmt Incorporated has 14,305 shares for 0.05% of their US portfolio. Quantitative Systematic Strategies Ltd Liability Com last reported 0.67% of its portfolio in the stock. Advisors Capital Mgmt Lc has 69,979 shares for 0.29% of their US portfolio. State Of Wisconsin Inv Board, a Wisconsin-based fund reported 105,940 shares. The Pennsylvania-based Glenmede Trust Co Na has invested 0% in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). The California-based Intl Ca has invested 0.13% in Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH).

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

Norwegian Cruise Line Holdings Ltd. is a global cruise company. The company has a market cap of $8.41 billion. The Firm operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. It has a 16.9 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 important recent Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) news were published by: Prnewswire.com which released: “Landry & Kling Presents Norwegian Cruise Line Holdings “MICE Cruise Line …” on October 12, 2016, also Fool.com published article titled: “Why Norwegian Cruise Line Holdings Ltd’s Shares Plunged 16% in August”, 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) was released by: Investorplace.com and their article: “Norwegian Cruise Line Holdings Ltd: Too Cheap to Pass Up (NCLH)” with publication date: September 19, 2016.

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