Benchstone Capital exited its position in Norwegian Cruise Line during the fourth quarter as the cruise operator moves deeper into a post-reopening travel cycle. With its mix of premium and luxury brands, Norwegian is betting that higher-end demand can sustain revenue strength even as the broader travel surge normalizes.What happenedBenchstone Capital Management LP fully liquidated its holding in Norwegian Cruise Line Holdings (NCLH 0.60%), reducing its position by 2,133,322 shares, according to a filing wi ...

In its upcoming report, Norwegian Cruise Line (NCLH) is predicted by Wall Street analysts to post quarterly earnings of $0.28 per share, reflecting an increase of 7.7% compared to the same period last year. Revenues are forecasted to be $2.35 billion, representing a year-over-year increase of 11.5%.The consensus EPS estimate for the quarter has been revised 13.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...

Core Viewpoint - Norwegian Cruise Line Holdings Ltd. (NCLH) is set to report its fourth-quarter 2025 results on March 2, with an earnings surprise of 3.5% in the last quarter [1] Earnings Estimates - The Zacks Consensus Estimate for fourth-quarter adjusted earnings is 28 cents per share, reflecting a year-over-year increase of 7.7% [2] - Revenue estimates are pegged at $2.35 billion, indicating an 11.5% year-over-year rise [2] Earnings Prediction Model - The current model does not predict a definitive earnings beat for NCLH, with an Earnings ESP of -4.06% and a Zacks Rank of 3 (Hold) [3][4] Factors Influencing Q4 Results - The fourth-quarter performance is expected to benefit from an increase in short sailings, with Caribbean itineraries projected to account for over half of total capacity, leading to improved load factors near 102% [5] - Core pricing remains resilient, particularly for first and second guests, allowing for net yield growth of approximately 3.5-4% despite lower blended pricing due to additional passengers [6] - Stronger onboard and pre-cruise spending, driven by enhanced digital capabilities and targeted marketing, is expected to boost ancillary revenue per passenger [7] Revenue and Profitability Projections - Passenger ticket revenues are predicted to rise by 18.1% to $1,663.8 million year-over-year, with the number of passengers carried increasing by 13.1% [8] - Profitability is likely to improve due to disciplined cost control, with adjusted net cruise costs excluding fuel remaining flat year-over-year, supporting a 19.4% growth in adjusted EBITA to $558.8 million [9][10] Stock Performance and Valuation - NCLH shares have increased by 30.6% over the past three months, outperforming the Zacks Leisure and Recreation Services industry and the S&P 500 [11] - The company is trading at a forward 12-month price-to-earnings ratio of 9.18X, which is below the industry average [14]

Core Viewpoint - Activist investors are targeting Norwegian Cruise Line and TripAdvisor, aiming to address operational inefficiencies and enhance shareholder value through strategic changes. Norwegian Cruise Line - Norwegian Cruise Line (NCLH) has a market cap of $11 billion and recently saw a 10% stake acquisition by activist investor Paul Singer of Elliott Management, who criticized the company's poor execution and cost controls [2][4] - Elliott Management is advocating for a new board with more travel experience and a stronger CEO, following the appointment of a new CEO with a background in the restaurant industry [3] - The company is projected to achieve over $4 billion in adjusted EBITDA by 2027, with potential for significant upside due to its modern fleet and favorable industry conditions [4] - Norwegian Cruise Line is the smallest of the major public cruise operators, focusing on the luxury market, which may allow for cost reductions through staff optimization [5] TripAdvisor - TripAdvisor (TRIP) has a market cap of $1.2 billion and has recently attracted a 9% stake from activist investor Starboard Value, which criticized the company's slow adoption of AI technologies [7][8] - Starboard Value plans to nominate its own board members at the upcoming annual meeting and suggests that TripAdvisor should consider a sale [8] - The stock has lost approximately 75% of its value over the past five years and over 80% in the last decade, indicating challenges in monetizing its platform effectively [9][10] - With a low forward P/E ratio of 7.5, TripAdvisor may be an attractive investment opportunity, although the risk of disruption from AI remains a significant concern [10]

The market expects Norwegian Cruise Line (NCLH) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on March 2, might help the stock move higher if these key numbers ...

We recently published an article titled 10 Best Cruise Stocks to Buy Right Now. On February 13, JPMorgan downgraded Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) to Neutral from Overweight and reduced its price target to $20 from $28 following the announcement that CEO Harry Sommer departed as part of a leadership transition. While the firm expressed confidence in incoming CEO John Chidsey’s ability to enhance execution, improve financial performance, and reduce leverage, it opted to adopt a more cautio ...

Shares of the fourth-largest cruise operator, Norwegian Cruise Line Holdings (NYSE: NCLH), are up 11% this week as of noon ET Friday. On Tuesday, activist investing firm Elliott Management announced it had built a 10% stake in the cruise line behemoth. Given Elliott Management's solid long-term track record led by founder Paul Singer, the market moved Norwegian's shares higher on optimism for a turnaround. Can Norwegian cruise to smoother seas? After Norwegian delivered annualized total returns of 13% f ...

Core Insights - The article does not provide specific insights or analysis regarding any companies or industries, focusing instead on disclaimers and disclosures related to the author's position and compensation [1][2] Summary by Categories - **Company Analysis**: No specific company analysis or performance data is presented in the article [1][2] - **Industry Trends**: The article does not discuss any industry trends or market conditions [1][2] - **Financial Performance**: There are no financial performance metrics or forecasts provided [1][2]

Core Viewpoint - Norwegian Cruise Line (NCLH) is struggling to recover from the pandemic, remaining the worst-performing cruise stock over the past six years, with significant operational challenges and market headwinds impacting its performance [1][2]. Company Overview - Norwegian Cruise Line operates globally, offering itineraries to over 500 destinations through its three brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, focusing on premium experiences [4]. - The company has a fleet of approximately 32 ships, making it the third-largest player in the cruise industry, smaller than Carnival Corporation's 92 vessels and comparable to Royal Caribbean's 27 ships [4]. Recent Performance - In 2026, NCLH stock has seen an 8% year-to-date increase, but it remains down about 55% from pre-pandemic highs of around $54 per share, contrasting sharply with the S&P 500's performance [5]. - The stock's underperformance highlights its vulnerability to sector-specific pressures, including fuel costs and shifts in consumer spending [5]. Valuation Metrics - NCLH's trailing P/E ratio is 11.68, below the U.S. hospitality industry average of 21.4, indicating a lower valuation compared to peers [6]. - The forward P/E ratio of 9.82 suggests anticipated earnings growth, while the P/S ratio of 1.26 is lower than historical averages of around 1.7, indicating the stock is trading at a discount to its revenue generation [6]. - The P/B ratio of 4.83 exceeds the company's five-year average of about 6.4 but aligns with recovery expectations [6].

We recently published 10 Stocks Outperforming With Monstrous Gains. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) was one of the best performers on Tuesday. Norwegian Cruise saw its share prices jump by 12.15 percent on Tuesday to finish at $24.10 apiece as investors mimicked an activist group’s acquisition of a 10 percent stake in the company. Elliott Management disclosed on the same day that it acquired a significant stake in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), in line with its plans to ...