Norwegian Cruise Line Stock Outperforms Broader Market, Poised for Earnings and Revenue Growth
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Norwegian Cruise Line (NCLH) stock has outperformed the broader market recently, rising 19.31% over the past month compared to a 1.76% gain for the S&P 500.
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NCLH is projected to see earnings growth of 136.67% and revenue growth of 22.09% in its next quarterly report based on consensus estimates.
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For the full year, analysts expect NCLH to deliver earnings growth of 78.57% on revenue growth of 9.6%.
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NCLH currently has a Zacks Rank of #3 (Hold) and trades at a lower Forward P/E ratio than its industry average, suggesting it may be relatively undervalued.
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The Leisure and Recreation Services industry, which includes cruise lines, ranks in the top 37% of Zacks-covered industries, indicating overall strength.