NCLH - Norwegian Cruise Line Should Strengthen Cost Management Says Analyst | Benzinga
BofA Securities analyst Andrew G. Didora reiterated a Neutral rating on the shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) with a price target of $20.00.
The cruise line operator, in the wake of its investor day, raised its full-year 2024 guidance across several metrics.
The company raised adjusted earnings guidance from $1.32 to $1.42 per share. The updated guidance, according to the analyst, is largely in line with his $1.39 forecast, and the analyst’s estimates remain unchanged.
Norwegian Cruise Line also introduced new 2026 targets, including adjusted earnings of approximately $2.45 per share, slightly below the analyst’s $2.67 estimate.
NCLH guided to net leverage of 4.5x by 2026 (BofA at 4.2x), a three-turn reduction from 2023, said the ...