Norwegian Cruise Lines (NCLH) Crash on Earnings Miss

NCLH investors were likely spooked this morning by Barrons's report: "Norwegian Cruise Line Misses Earnings Estimates. The Stock Is Falling. ..." For more coverage, read the full article here. On the back of this news, Norwegian Cruise Line sank -12.33% to a price of $14.46. Are the markets overreacting?

Norwegian Cruise Line Holdings Ltd., is a cruise company in North America, Europe, Asia-Pacific and internationally. The company belongs to the Energy & Transportation sector, which has an average price to earnings (P/E) ratio of None and an average price to book (P/B) ratio of None. In contrast, Norwegian Cruise Line has a trailing 12 month P/E ratio of -1.78 and a P/B ratio of 15.9.

Norwegian Cruise Line has moved -15.34% over the last year compared to -7.524395% for the S&P 500 -- a difference of -7.82%. Norwegian Cruise Line has a 52 week high of $23.43 and a 52 week low of $10.31. At today's price of $14.46 per share, Norwegian Cruise Line is -21.98% away from its target price of $18.54, and on average, analysts give the stock a rating of buy.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.