Investor Survey: Target Price in Focus on Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)

Monitoring some price target data, we have noticed that shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) currently have an average target of $66.18. This number is the consensus target price averaging estimates provided by analysts polled by Zacks Research. Sell-side analysts have various methods at their disposal for estimating stock price targets. Many investors will closely monitor stock target prices, especially when Street analysts change their view on a specific target price. Some investors may follow these sell-side targets very closely and use the provided information to assist with their own stock research.

As we move closer towards the end of the year, investors might be looking over the portfolio and trying to see what has been working and what hasn’t been. Investors may be studying the most recent earnings reports of stocks they own in order to make sure that everything is still in order. Active investors might be double checking the portfolio to make sure that it is properly diversified. There might be a few adjustments that need to be made in order to keep the holdings balanced. Of course, nobody can say for sure which way the momentum will shift over the next couple of quarters, but being prepared for any situation is generally considered to be a good idea. 

We can now shift the focus to some company earnings data. Based on projections provided by 12 individual Wall Street analysts polled by Zacks Research, Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) has a current quarter EPS consensus estimate of 0.79. For the prior reporting period, the company posted quarterly earnings per share of 2.27. As earnings season continues, investors will be closely tracking analyst estimates. Sell-side analysts often make updates before and after the company reports earnings numbers. Following analyst estimate updates leading up to the earnings release may offer some good insight into the direction that the estimates are trending. Investors will be watching to see which companies post the largest earnings surprises this quarter.

Taking a look at the current consensus broker rating for Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH), we note that the ABR is 1.33. This Zacks consensus rating follows a numerical scale where a number in the 1-2 range generally represents a Buy, a 3 would indicate a Hold and 4-5 signals a Sell rating. In terms of the number of bullish analysts that have the stock rated a Buy or Strong Buy, we can see that the number is currently 10.

Investors may be following some historical price data on shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH). Over the past 12 weeks, the stock has seen a change of -11.85%. If we go back to the beginning of the year, we can see that shares have changed -10.63%. Over the last 4 weeks, shares have seen a change of -3.41%. Over the last 5 trading sessions, the stock has moved -7.7%. Investors will be monitoring stock activity over the next few weeks to try and gauge which way the momentum is leaning. Checking on some possible support and resistance levels, we have noted that that the 52-week high is currently $60.93, and the 52-week low is currently $42.33. When shares are trading close to the 52-week high or 52-week low, investors might be paying added attention. Looking at some recent action, we note that the stock has been seen trading near the $47.59 mark.

Investing in the stock market will always involve some level of risk. Investors often have to determine how much they are willing to risk, and try to project what the potential reward could be. Taking on too much risk may put the average investor out of their comfort zone. Finding that sweet spot for risk appetite may help investors get on the correct path to conquering the markets. As companies continue to report quarterly earnings, investors will be watching which companies post larger than expected surprises. Analysts will also be watching the numbers closely in order to make sense of the results and update estimates accordingly.

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