Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $55.64 on Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.50 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) stands at 17.36.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Norwegian Cruise Line Holdings , the PEG ratio for coming 3-5 years is 0.37.
The technical analysis highlights that Norwegian Cruise Line Holdings current is trading $-2.39 points away or -5.83% from its 50-day moving average of $40.94. Further it is trading $-7.32 or -15.96% away its 200-day moving average of $45.87.
The 52-week high of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) was $64.27 while lowest point recorded in 52-week was $37.01. It implies if stock price makes a movement of over $-25.72, it will record a new 52-week high. In the case of +4.16% drop, it will touch a new 52-week low.
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