NCLH stock: buy or sell

NCLH stock price: $29.85 0.98% At close on Mar 1st, 2021

Updated on:
Mar 2nd, 2021

1

NCLH stock brief

  • Norwegian Cruise Line closed on Monday at $29.85 after scarcely moving a 0.98%.
  • Norwegian Cruise Line released its earnings report last Thursday
  • Deutsche Bank Aktiengesellschaft posted a hold rating for Norwegian Cruise Line last Friday, with a forecast of $25.00
  • Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the North America, Europe, the Asia-Pacific, and internationally.

Should I buy Norwegian Cruise Line stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $NCLH stock a buy?

In the current situation of Norwegian Cruise Line there is not any eligible buy setup. This doesn't mean $NCLH will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Norwegian Cruise Line stock?

How to know when is it time to sell Norwegian Cruise Line stock?. Much like when we have to buy shares, determining when is the best time to sell is not a haphazard decision, and we must adhere our own trading style. We like very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies are not intended for selling short Norwegian Cruise Line stock

A golden rule is that you must never mantain a trade that results in higher than expected losses at the time of the buy. When to sell shares should always be ruled by the stop-loss (automatic or manual)

Is it time to sell Norwegian Cruise Line stock?

Currently, Norwegian Cruise Line stock doesn't match any of our preferred sell setups, so if you own Norwegian Cruise Line shares and your operation is in profit probably is not time to sell now

Norwegian Cruise Line ratings

In the last 30 days, 2 analyst ratings were published for Norwegian Cruise Line

Norwegian Cruise Line analysts' ratings - Last 30 days
Brokerage firmRating
Feb 12th, 2021
Berenberg Bank Strong buyNeutral
Feb 26th, 2021
Deutsche Bank Aktiengesellschaft Neutral

Norwegian Cruise Line stock analysis

SMAs overview

NCLH stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $32.66 (9.41% above)
  • R2: $39.36 (31.86% above)
  • R3: $41.61 (39.40% above)
  • The current supports are:

  • S1: $28.98 (-2.91% below)
  • S2: $26.97 (-9.65% below)
  • S3: $26.91 (-9.85% below)
  • Bollinger bands

    Since the price surpassed the upper band last Wednesday, the price dropped by 5.48%. The price is trading near to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a sell point, as price can move in these levels for many days and weeks

    NCLH stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last Thursday after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Monday was 65.78

    NCLH stock RSI chart

    Norwegian Cruise Line stock price history

    Norwegian Cruise Line started trading priced at an adjusted price1 of $25.10 on Jan 2013. Since then, NCLH stock surged by 18.92%, with an average of 2.37% per year. An investment of $1,000USD on Jan 2013 would worth $1,189.24 today.

    1: Adjusted price after possible price splits or reverse-splits

    NCLH stock price history chart

    Price target for Norwegian Cruise Line stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis predicting how a stock will performance in the future.

    The following table shows the price predictions published by financial institutions over the last 30 days. If you are a small investor you should not buy or sell based on these predictions.

    Averaging all price targets exposed below, the estimated price for Norwegian Cruise Line stock is $23.50. Norwegian Cruise Line closed at $29.85 on Monday, so the target price is predicting a decrease by 21.27%.

    Norwegian Cruise Line stock price predictions
    Brokerage firmPrice target
    Feb 12th, 2021
    Berenberg Bank $22.00
    Feb 26th, 2021
    Deutsche Bank Aktiengesellschaft $22.00$25.00

    Earnings and financials

    Last Thursday, Norwegian Cruise Line Holdings Ltd. ($NCLH) posted EPS for that slightly worsened Wall St. expectations. Quarterly EPS was $-2.33 per share instead of $-2.17. This quarterly report represents an earnings surprise of -7.37%. Predicted revenue was $2.6 million but Norwegian Cruise Line strongly surpassed by 268.46%, posting $9.6 million.

    For comparison, the EPS for the same quarter last year was $0.73, so reported EPS means a reduction of -419.18%. Revenue sank a -99.35% on an annualized basis in the , from $14.8B to $95.8M last quarter.

    NCLH ($NCLH) is hosting the quarterly earnings call next May. Expected for this quarter is $-1.97, compared to $-2.33 that was reported for Q4.

    Norwegian Cruise Line performance

    NCLH performance compared
    Company1m3m6m
    Norwegian Cruise Line ($NCLH) 24.10% 27.20% 74.00%

    Important note:
    The comments expressed in this article are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the particular conditions of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for education reasons only

    NCLH summary

    Monday, March 1st, 2021
    Open$30.71
    Close$29.85
    Day range$29.52 - $31.36
    Previous close$29.56
    Session gain0.98%
    Average true range$2.19
    50d mov avg$25.05
    100d mov avg$22.59
    200d mov avg$19.45
    Earnings dateMay 13th, 2021

    Frequently asked questions

    What is Norwegian Cruise Line stock symbol?

    Norwegian Cruise Line Holdings Ltd. is a public company trading in the US stock market with the NCLH symbol

    Is Norwegian Cruise Line stock a buy or sell?

    Norwegian Cruise Line received 2 ratings in the last 30 days: 0 bullish, 0 bearish and 2 neutral.

    Will NCLH go up?

    Norwegian Cruise Line had different price predictions posted by analysts in the last 30 days forecasting the target price to $23.50. That is a 21.27% than the current price ($29.85).