Why is Norwegian stock falling?
Why is Norwegian stock falling? The Stock Is Falling. Norwegian Cruise Line Holdings beat earnings estimates in the third quarter, propelled by strong demand, but cut its full-year outlook because of the Israel-Hamas War.
How much debt does NCL stock have?
Total debt on the balance sheet as of September 2023 : $13.87 B. According to Norwegian Cruise Line 's latest financial reports the company's total debt is $13.87 B.
What is the highest NCL stock has ever been?
- The all-time high Norwegian Cruise Line Holdings stock closing price was 63.76 on November 02, 2015.
- The Norwegian Cruise Line Holdings 52-week high stock price is 22.75, which is 73.7% above the current share price.
Will cruise ship stocks bounce back?
After gloomy performances during the pandemic, cruise stocks look poised to deliver gains for investors. Battered comps from slow travel make it easier for cruise stocks to achieve triple-digit year-over-year revenue growth. And some cruise companies have already reported that type of growth.
What is the outlook for Norwegian Cruise Line 2023?
Full year 2023 Occupancy is expected to average 103.5%, consistent with prior guidance. As expected, Occupancy in the quarter is slightly lower than the second quarter of 2019, reflecting the Company's strategic shift to longer, more immersive itineraries.
Is Norwegian Cruise Lines financially stable?
In the case of Norwegian Cruise Line Holdings, both the revenue per share (evident from the last five years' TTM data: 2019: 28.67; 2020: 21.68; 2021: 0.08; 2022: 5.74; 2023: 16.54; ) and the 5-year revenue growth rate (-32%) have been on a consistent downward trajectory.