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0 0.00162074554294963 0.000540248514316478 0.00913019989195032 0.00594273365748241 -0.0143165856293895 0.0130199891950297 0.00432198811453259
Stock impact report

This cruise stock can rally 30% and withstand an economic slowdown, Jefferies says [CNBC]

Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) 
Last norwegian cruise line holdings ltd. ordinary shares earnings: 2/20 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: nclhltdinvestor.com/investor-relations
Company Research Source: CNBC
Norwegian Cruise Line could be the most reliable cruise stock during a broader economic slowdown, according to Jefferies. Analyst David Katz initiating coverage of the cruise line operator with a buy rating and $25 price target, which implies shares could jump 30.5%. Although Norwegian Cruise Line is the smaller operator of its peers, Katz added that the company trades at a premium valuation against its peers, and could also “weather downside in the macro better than most.” “As the fourth largest cruise line in the world (behind CCL, RCL, and MSC), there is a lot to like about NCLH,” Katz wrote. “While NCLH's current ~5.4x leverage is elevated, strong FCF covers planned growth CAPEX, while growing EBITDA drives meaningful de-levering. NCLH also trades at the largest discount both on multiple and absolute price to its pre-COVID avg. vs. its peers, which we expect to narrow on continued execution.” NCLH 1Y mountain NCLH stock performance. Katz's analysis on historical trends indicates t Show less Read more
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