One Wall Street analyst thinks investors can book some nice profits by investing in Norwegian Cruise Line (NCLH 4.04%) stock right now. That's because demand for booking cruise vacations looks to be strong for at least the next year.This comes as travel stocks have been getting crushed during the market sell-off. Uncertainty surrounding tariffs and interest rates has investors concerned about consumer spending. But J.P. Morgan analyst Matthew Boss just spent some time with Norwegian's chief financial office ...

Exclusive new range of products designed specifically for Oceania Cruises will be introducedon board its eight elegant shipsMIAMI, March 18, 2025 /PRNewswire/ -- Oceania Cruises®, the world's leading culinary- and destination-focused cruise line, will debut its new Aquamar® Bath + Skincare Essentials range of products in all guest accommodations on board its eight small, luxurious ships in spring 2025. The new collection encompasses a full suite of ­­indulgent products including shampoo, conditioner, body w ...

Shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) were last seen up 2.3% at $19.62 today, after an upgrade from J.P. Morgan Securities to "overweight" from "neutral." The firm cited a favorable risk-reward setup, leaving its price target at $30. Today's bull note comes after Zacks Research last week raised its second-quarter earnings estimates to 60 cents per share. Of the 23 analysts in coverage, 15 now carry a "buy" or better rating. The 12-month consensus price target of $30 sits at a 54% premium ...

If the cruise industry were a poker game, Norwegian Cruise Line Holdings Ltd NCLH just pushed all its chips to the center of the table, while Royal Caribbean Cruises Ltd RCL is calmly stacking its winnings. JPMorgan analyst Matthew R. Boss has upgraded Norwegian Cruise Line stock to Overweight, citing resilience in consumer demand and a value gap that still gives cruises an edge over land-based vacations. Meanwhile, Royal Caribbean is playing from a position of strength, riding a wave of bullish momentum. S ...

Embark on a sweeping world journey visiting more than 100 ports in 46 countries across six continents MIAMI, March 12, 2025 /PRNewswire/ -- Oceania Cruises®, the world's leading culinary- and destination-focused cruise line, is redefining luxury global exploration with its 2027 Around the World cruise. The highly anticipated voyage will span 180 days, visiting more than 100 ports across 46 countries and six continents aboard one of the line's newest ships, Vista. Bookings for this once-in-a-lifetime voyage ...

Key TakeawaysNorwegian Cruise Line Holdings shares fell more than 5% Thursday after rising nearly 25% over the past 12 months. The company reported strong earnings and forecast further growth in 2025.Chief Executive Officer Harry Sommer said bookings are "optimal" and the company was rolling out a ship with an attraction that blends aspects of a rollercoaster and water slide. Norwegian Cruise Line Holdings (NCLH) shares fell more than 5%, pulling back after a strong year of performance. Norwegian released i ...

For the ultimate culinary journey, Marina, the first custom-built ship for Oceania Cruises, which was designed for foodies, by foodies, is the perfect choice. This was the first vessel ever to feature a hands-on cooking school, offering guests the chance to hone new skills, savor dishes from destinations they visit, and learn how food connects people and place. Marina offers four always included gourmet specialty restaurants, plus the line's newest culinary venue, Aquamar Kitchen, a wellness-inspired venue ...

Norwegian Cruise Line Holdings Ltd. (NCLH) reported solid fourth-quarter 2024 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Both top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Management attributed the performance to the strength of NCLH's business model, the appeal of its product offerings across brands and the effective execution by both shoreside and shipboard teams. A continued focus on marg ...

Debt and Interest Rates - As of December 31, 2024, 94% of the company's debt was fixed and 6% was variable, compared to 95% fixed and 5% variable as of December 31, 2023[381] - A one percentage point increase in annual Term SOFR interest rates would increase the company's annual interest expense by approximately $7.8 million, excluding the effects of capitalization of interest[381] - The company is exposed to market risks from changes in interest rates, foreign currency exchange rates, and fuel prices, which it attempts to mitigate through derivatives[380] Foreign Currency Exposure - The company had foreign currency payments not hedged aggregating €16.0 billion (approximately $16.6 billion) as of December 31, 2024, up from €5.4 billion (approximately $6.0 billion) as of December 31, 2023[382] Fuel Expenses - Fuel expense as a percentage of total cruise operating expense was 12.3% for the year ended December 31, 2024, down from 13.1% for the year ended December 31, 2023[385] - The company hedged approximately 56% and 21% of its projected metric tons of fuel purchases for 2025 and 2026, respectively, as of December 31, 2024[385] - A 10% increase in the weighted-average fuel price would increase anticipated 2025 fuel expense by $65.1 million, partially offset by an increase in the fair value of fuel swap agreements of $34.7 million[386] Newbuild Agreements - The company has eight new effective newbuild agreements, excluding two ships on order for Oceania Cruises scheduled for delivery in 2030 and 2031[382] Financial Metrics - The company’s adjusted EBITDA and adjusted net income metrics are defined in the annual report, reflecting the adjustments made for various income and expense items[15] Financing Activities - The company issued $862.5 million aggregate principal amount of exchangeable senior notes due 2024 on May 8, 2020[15]

Financial Data and Key Metrics Changes - The company reported record revenue and net yield growth, with net yield increasing by 10% in 2024, the highest in its history, surpassing initial guidance by 450 basis points [25][37]. - Adjusted EBITDA reached over $2.45 billion, and adjusted EPS was $1.82, reflecting a 161% increase year-over-year [40][61]. - The adjusted operational EBITDA margin improved by nearly 500 basis points to 35.5%, and net leverage ratio decreased to 5.3 times [28][58]. Business Line Data and Key Metrics Changes - The company achieved significant brand enhancements, particularly for Norwegian Cruise Line, which rolled out a repositioning campaign emphasizing "Experience More" [14][16]. - The fleet-wide rollout of Starlink Wi-Fi improved onboard internet services, enhancing guest experience [15]. - The company is set to introduce two new vessels, Norwegian Aqua and Oceania's Allura, in 2025, which are expected to enhance offerings and guest experiences [18][20]. Market Data and Key Metrics Changes - Strong demand was noted in Europe and Alaska, with bookings performing well for the summer period [67][68]. - The company anticipates a 4.5% pricing increase for 2025, driving net yield growth of 3% [32]. - The company is shifting its deployment strategy to increase Caribbean offerings, expecting to welcome over 1 million guests to its private island in 2026 [22][110]. Company Strategy and Development Direction - The "Charting the Course" strategy focuses on enhancing guest experiences and achieving long-term financial targets, including a historic fleet expansion program [10][11]. - The company aims to maintain disciplined cost management while enhancing guest satisfaction, with record scores reported across all brands [28][76]. - Sustainability initiatives are integral to the corporate strategy, with significant progress in reducing environmental impact and enhancing community engagement [29][30]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand environment, with expectations for continued strong performance in 2025 despite potential headwinds from currency fluctuations and dry dock schedules [31][32]. - The company is optimistic about achieving its 2026 financial targets, supported by strong operational execution and market demand [61][63]. - Management highlighted the importance of guest experience as a driver of financial performance, emphasizing that satisfied guests lead to better financial outcomes [76]. Other Important Information - The company received recognition for its sustainability efforts, including the ESG Leader Gold Award and an A rating from MSCI [29]. - Significant investments are being made in the private island strategy, with plans to enhance guest experiences and financial returns [21][22]. - The company has successfully refinanced debt, improving its capital structure and credit ratings [56][58]. Q&A Session Summary Question: Can you provide more detail on bookings by brand and geography? - Management noted that bookings are steady, with strong performance in Europe and Alaska, while luxury brands are slightly lagging [67][68]. Question: How much of the 2024 results are due to pull forward versus actual overachievement? - Management indicated that cost savings came in quicker than expected, with continued opportunities for efficiency improvements in 2025 and 2026 [70][73]. Question: What is the outlook for occupancy rates in 2025 and beyond? - Management expects a mild tailwind for occupancy in 2026, with a shift towards more Caribbean deployments [123]. Question: How does the company view the impact of the strong U.S. dollar on demand? - Management believes strong demand in Europe is not significantly impacted by the dollar's strength, attributing it to product quality and marketing [108][111]. Question: What are the company's thoughts on potential ship retirements? - Management stated that while they monitor the fleet's age, there are no immediate plans for retirements as the oldest ships are well-maintained [100][102].