Norwegian Cruise Line (NCLH, $10.46) posts wider-than-expected Q1 loss, but mentions strong future demand
Norwegian Cruise Line reported first quarter loss worse than expected, amid coronavirus crisis. However, future bookings remain solid.
The cruiseline company’s adjusted loss came in at -99 cents a share, compared to a loss of -28 cents a share expected by analysts polled by FactSet. Earnings were 83 cents a share in the year-ago quarter.
Revenue of $1.25 billion was lower than the year-ago quarter’s $1.4 billion.
But the company said that there is demand for cruise vacations, particularly beginning in the fourth quarter 2020 accelerating through 2021, and that the company’s overall booked position and pricing for 2021 within historical ranges.
NCLH in upward trend: price rose above 50-day moving average on December 20, 2024
NCLH moved above its 50-day moving average on December 20, 2024 date and that indicates a change from a downward trend to an upward trend. In of 46 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where NCLH's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on December 23, 2024. You may want to consider a long position or call options on NCLH as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NCLH advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .
NCLH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 225 cases where NCLH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for NCLH moved out of overbought territory on December 03, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NCLH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NCLH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (29.674) is normal, around the industry mean (13.148). P/E Ratio (53.692) is within average values for comparable stocks, (55.221). Projected Growth (PEG Ratio) (0.453) is also within normal values, averaging (1.802). Dividend Yield (0.000) settles around the average of (0.053) among similar stocks. P/S Ratio (1.047) is also within normal values, averaging (22.805).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NCLH’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.
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General Information
an operator of deep sea and flagged cruise ships in the travel industry
Industry OtherConsumerServices