Friday, September 18, 2020

NCLH stock: Norwegian Cruise Line (NCLH) Outpaces Stock Market Gains: What You Should Know

 Here is the article. 

I like to take some notes and prepare myself as an investor. 

Here are highlights:

  1. August 14 to Sept. 14, closed at $17.79, gained 14.15% over the past month
  2. Consumer discretionary sector's gain - 1.87% from August 14 to Sept. 14
  3. S & P gain: 0.37% in that time
  4. NCLH has next earning release - November 5th, 2020
  5. NCLH post earnings of -$2.23 per share - decline 200%
  6. $1.37 million, down 99.93%

In the latest trading session, Norwegian Cruise Line (NCLH) closed at $17.79, marking a +1.6% move from the previous day. This change outpaced the S&P 500's 1.27% gain on the day. At the same time, the Dow added 1.18%, and the tech-heavy Nasdaq gained 1.87%.

Prior to today's trading, shares of the cruise operator had gained 14.15% over the past month. This has outpaced the Consumer Discretionary sector's gain of 1.87% and the S&P 500's gain of 0.37% in that time.

Investors will be hoping for strength from NCLH as it approaches its next earnings release. In that report, analysts expect NCLH to post earnings of -$2.23 per share. This would mark a year-over-year decline of 200%. Our most recent consensus estimate is calling for quarterly revenue of $1.37 million, down 99.93% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$8.30 per share and revenue of $1.30 billion. These totals would mark changes of -263.06% and -79.93%, respectively, from last year.

Any recent changes to analyst estimates for NCLH should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 3.38% lower. NCLH is holding a Zacks Rank of #5 (Strong Sell) right now.

The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 242, which puts it in the bottom 5% of all 250+ industries.

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