Get started

Norwegiancruiseline

Norwegian Cruise Line Reports First Profitable Year Since 2019Norwegian Cruise Line Holdings ( NYSE:NCLH ) has emerged from the stormy seas of pandemic-induced losses, reporting its first profitable year since 2019. The cruise giant's fourth-quarter earnings report, released on Tuesday, showcased a remarkable turnaround as losses narrowed significantly, sparking a 17% surge in its stock price and igniting optimism across the industry. Fourth Quarter Resurgence NYSE:NCLH 's fourth-quarter results exceeded expectations, with a loss per share of 18 cents compared to the anticipated 14 cents. Revenue also outpaced estimates, hitting $1.99 billion versus the projected $1.97 billion, underscoring the company's robust performance amid ongoing challenges. Notably, the company's net loss for the quarter plummeted to $106.5 million, marking a substantial improvement from the $482.5 million loss reported in the same period the previous year. This remarkable reduction in losses reflects NYSE:NCLH 's adept navigation through turbulent waters, propelled by a strategic focus on cost management and revenue optimization. Milestone Achievement For the full year 2023, Norwegian Cruise Line Holdings ( NYSE:NCLH ) achieved a significant milestone, generating total revenue of $8.55 billion, a remarkable 32% increase from 2019 levels. With a net income of $166.2 million, the company marked its first profitable year since the onset of the pandemic, signaling a profound resurgence in consumer confidence and demand for cruising experiences. CEO Harry Sommer hailed 2023 as a "momentous year of growth and achievement," highlighting the successful delivery of three new ships, a testament to the company's commitment to innovation and exceptional guest experiences. The surge in total revenue per passenger per day, up 17% from pre-pandemic levels, underscores the enduring allure of cruising and the company's unwavering dedication to customer satisfaction. Promising Outlook Buoyed by the strong performance and robust demand witnessed throughout 2023, Norwegian Cruise Line Holdings ( NYSE:NCLH ) unveiled an optimistic outlook for 2024. The company anticipates an adjusted profit of approximately $635 million, or $1.23 per share, along with an impressive occupancy rate of around 105%. These projections exceed analyst expectations, reflecting NCLH's bullish confidence in its ability to sustain momentum and capitalize on pent-up demand for travel experiences. Despite challenges such as cancellations in the Middle East due to regional conflicts, which marginally impacted fourth-quarter occupancy rates, Norwegian Cruise Line Holdings remains steadfast in its commitment to delivering exceptional vacations and enriching guest experiences. Industrywide Surge The positive momentum extended beyond Norwegian Cruise Line Holdings, with shares of industry peers Royal Caribbean Cruises and Carnival Corp also experiencing a notable uptick in response to the encouraging earnings report. This collective surge underscores renewed investor optimism and signals a broader recovery within the cruise sector. As global travel restrictions continue to ease and consumer confidence rebounds, Norwegian Cruise Line Holdings ( NYSE:NCLH ) stands poised to chart a course toward sustained growth and profitability, reaffirming its position as a leader in the maritime tourism industry. In conclusion, NYSE:NCLH 's triumphant return to profitability marks a pivotal moment in its journey toward recovery, symbolizing resilience, adaptability, and unwavering commitment to excellence amidst adversity. As the company sets sail into 2024 with a clear vision and buoyant optimism, the horizon brims with promise, offering a beacon of hope for the revival of the cruise industry and the revival of global tourism.
NYSE:NCLHLong
by DEXWireNews
Norwegian Cruise Line Possible 60% DropIf earnings are perceived as relatively good to the shareholders then the share price will most likely catapult through the almost-year-old resistance trend line. If earnings are perceived as bad to the shareholders then earnings will most likely move towards the bottom resistance line (Most likely to happen). Before making a position I would wait until after earnings to capitalize, as the earnings will most likely be terrible just based on the past four earnings reports, but there is more money to be made if you are able to fundamentally analyze the stock prior to the earnings release and determine the stock's earnings report possible results based on cash flow or what ever fundamental analysts do.
NYSE:NCLHShort
by Daxobar
Norwegian Cruise Line (NYSE: $NCLH) Ready To Go Full Steam! 🚢Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. As of December 31, 2021, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.
NYSE:NCLHLong
by RedHotStocks
Norwegian Cruise Line Holdings can reverse to upsideUsing Aspen Trading Support & Resistance Levels, a price of 23 represents a strong support level. The prices have bounced three times from this support in the past months. NCLH typically displays seasonal strength this time of year which anticipates a rally in the next 2 weeks. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information. Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
NYSE:NCLHLong
by tradingswift
NCLH Grade 5 math = easy short opChanging sentiment on a huge material change PR that wont see operations all summer. NCLH endured an operation net loss of $1.8B in q1 (after having ticket sales of $1.2B) Imagine the q2 book after no months of ticket sales. They have $16B in assets, $1.3B of that is cash but with $12B in debt. Bringing us to bottom line book equity of $4.3B Customers from q1 sales are going to want their money back, I'm not even pricing that in here. They really needed to open this summer. Sure the company can last 18 months, but at what cost to shareholders? They will 100% require another debt round or equity round to exist. My price target is 10$ in the near term & i'll be adding to any fake squeezes. Math supersedes the RH pump. Short $NCLH to single digits.
NYSE:NCLHShort
by GK-Trades
8
Norwegian Cruise Line Technical Analysis - Hold PositionBased on Fundamental Analysis: Norwegian Cruise Line — Norwegian’s stock dropped 13% after the closing bell after the company announced it is extending its suspension of global cruises to include trips between August 1 and September 30 for its three main cruise brands. The cruise line said the cancellations exclude Seattle-based Alaska trips in September. Select voyages, including Canada and New England itineraries, are also canceled through October 2020 due to travel and port restrictions. Shares of Carnival and Royal Caribbean Cruises each fell more than 7% in after-hours trading as well.
NYSE:NCLH
by Mauriello
1
Norwegian Cruise Line Technical Analysis - NCLHTechnical Analysis - It seems that prices are moving inside the channel and they are in a retracement stage (go short for a short term investment). Long term - Just hold. It is still too early to go long. Fundamental Analysis: What Norwegian Cruise Line has done to adapt to unforeseen circumstances in only 10 weeks is impressive. Costs have been cut dramatically, an entire fleet of ships idled, customers appeased with refunds or 125% credits toward new trips, and liquidity bolstered to survive 18 months without revenue. Disciplined management has increased the chances for a successful recovery and future success. Although the pieces are in place for a comeback, I think there are still too many variables and headwinds at this point. COVID-19 and the regulatory response will dictate when the cruise lines can resume operations. Now isn't the time for investors to buy Norwegian stock. If management continues to steer the company skillfully, the right time to invest will come along later.
NYSE:NCLHShort
by Mauriello
3
Norwegian Cruise NCLH Technical Analysis Bearish Market - Based on Technical and Fundamental analysis the prices could move down up to the level of 8.00 USD (or even further down - just wait the breakout of the support lien) Fundamental Analysis: These comments likely had investors reevaluating their outlook for cruise ship companies, which are particularly exposed to COVID-19 outbreaks. Fears are growing that health officials could decide to extend the sailing restrictions placed on cruise ship operators during the pandemic. With their ships stuck in port, Royal Caribbean, Norwegian, and Carnival are all bleeding cash, and any further delays in resuming their operations could have a disastrous impact on their already beleaguered balance sheets. Target Price 8.00 - CCL Target Price 24.00 - RCL
NYSE:NCLHShort
by Mauriello
Norwegian Cruise Line Technical Analysis - Hold PositionNYSE:NCLH Technical Analysis might suggest to buy after a sideways trend coming form a bullish (short term) market and after a breaking of a resistance of a descending triangle (bearish Market Signal - one more info to hold this position). Fundamental Analysis: Norwegian Cruise Line (NYSE:NCLH) stock fell 6.6% after the company filed to raise $1 billion in fresh capital, of which $350 million will be new shares and the remainder in convertible notes.
NYSE:NCLH
by Mauriello