Norwegian Cruise Line Holdings Ltd. (NCLH)Consumer Cyclical | Travel Services | Miami, United States | NYSE
15.32 USD
-0.03
(-0.195%) ⇩
(Oct. 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 1:25 a.m. EDT
The investment case for Norwegian Cruise Line is currently fractured by a severe balance sheet crisis that overrides its operational recovery. While the company boasts exceptional profitability metrics with a 36.7% return on equity and a 14% operating margin, these strengths are being crushed by a debt-to-equity ratio exceeding 600x and a current ratio of just 0.2, indicating imminent liquidity stress. The stock has suffered a 41.6% decline over the last nine years, with the most recent annual performance showing a contraction, confirming a multi-year structural deterioration rather than a temporary dip. Although the forward P/E of roughly 9.6x suggests the market expects a turnaround, the free cash flow remains negative, and the lack of any dividend history eliminates income support. On the short end, the options market is clearly hedging against further downside with heavy put open interest, keeping the immediate outlook neutral to slightly bearish. Until the balance sheet is stabilized and free cash flow turns positive, the high-risk profile prevents a strong buy recommendation despite the attractive valuation multiples. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.243683 |
| AutoETS | 0.250802 |
| AutoARIMA | 0.250808 |
| AutoTheta | 0.275217 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 12.82 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.140 |
| Excess Kurtosis | -1.36 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Debt to Equity Ratio | 621.051 |
| Revenue per Share | 22.29 |
| Market Cap | 7,034,757,632 |
| Trailing P/E | 9.46 |
| Forward P/E | 9.79 |
| Beta | 1.96 |
| Profit Margins | 7.49% |
| Website | https://www.nclhltd.com |
As of Oct. 10, 2026, 1:25 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 14.0 and 15.0) acting as a floor, while call volume remains concentrated near the money. The massive implied volatility spikes at deep out-of-the-money strikes suggest a fear of a significant gap-down event, yet the lack of aggressive call buying indicates limited conviction in a recovery. The market is pricing in a range-bound or slightly bearish scenario rather than a breakout.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.3490246 |
| Address1 | 7,665 Corporate Center Drive |
| All Time High | 64.27 |
| All Time Low | 7.03 |
| Ask | 0.0 |
| Ask Size | 8,200 |
| Audit Risk | 5 |
| Average Analyst Rating | 2.3 - Buy |
| Average Daily Volume10 Day | 23,726,500 |
| Average Daily Volume3 Month | 17,064,649 |
| Average Volume | 17,064,649 |
| Average Volume10Days | 23,726,500 |
| Beta | 1.956 |
| Bid | 0.0 |
| Bid Size | 5,700 |
| Board Risk | 9 |
| Book Value | 5.603 |
| City | Miami |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 5 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 15.32 |
| Current Ratio | 0.2 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 15.625 |
| Day Low | 15.21 |
| Debt To Equity | 621.051 |
| Display Name | Norwegian Cruise Line |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,785,414,600 |
| Earnings Call Timestamp Start | 1,785,414,600 |
| Earnings Growth | 6.163 |
| Earnings Quarterly Growth | 6.42 |
| Earnings Timestamp | 1,785,414,600 |
| Earnings Timestamp End | 1,793,795,400 |
| Earnings Timestamp Start | 1,793,795,400 |
| Ebitda | 2,594,191,872 |
| Ebitda Margins | 0.25548 |
| Enterprise To Ebitda | 8.787 |
| Enterprise To Revenue | 2.245 |
| Enterprise Value | 22,795,476,992 |
| Eps Current Year | 1.54516 |
| Eps Forward | 1.56527 |
| Eps Trailing Twelve Months | 1.62 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 305 436 4140 |
| Fifty Day Average | 16.2454 |
| Fifty Day Average Change | -0.9253998 |
| Fifty Day Average Change Percent | -0.056963805 |
| Fifty Two Week Change Percent | -34.90246 |
| Fifty Two Week High | 25.13 |
| Fifty Two Week High Change | -9.809999 |
| Fifty Two Week High Change Percent | -0.39037007 |
| Fifty Two Week Low | 13.63 |
| Fifty Two Week Low Change | 1.6899996 |
| Fifty Two Week Low Change Percent | 0.12399116 |
| Fifty Two Week Range | 13.63 - 25.13 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,358,519,400,000 |
| Float Shares | 455,349,036 |
| Forward Eps | 1.56527 |
| Forward P E | 9.787449 |
| Free Cashflow | -1,680,301,312 |
| Full Exchange Name | NYSE |
| Full Time Employees | 44,500 |
| Fullday Change | -0.030000687 |
| Fullday Change Percent | -0.19544421 |
| Fullday Price | 15.39 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.42457 |
| Gross Profits | 4,311,240,192 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00846 |
| Held Percent Institutions | 1.0445501 |
| Implied Shares Outstanding | 459,187,846 |
| Industry | Travel Services |
| Industry Disp | Travel Services |
| Industry Key | travel-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii. The company also provides features, amenities, and activities, including various accommodations, dining venues, bars and lounges, spas, casino and retail shopping areas, and entertainment choices; shore excursions at each port of call, and air transportation and hotel packages for stays before or after a voyage. It offers its products and services under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. The company was founded in 1966 and is based in Miami, Florida. |
| Long Name | Norwegian Cruise Line Holdings Ltd. |
| Market | us_market |
| Market Cap | 7,034,757,632 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_4180463 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 760,768,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 6,511,283,656 |
| Number Of Analyst Opinions | 25 |
| Open | 15.48 |
| Operating Cashflow | 2,109,712,000 |
| Operating Margins | 0.14042 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.28 |
| Phone | 305 436 4000 |
| Pre Market Change | 0.07999992 |
| Pre Market Change Percent | 0.5225338 |
| Pre Market Price | 15.39 |
| Pre Market Time | 1,791,969,823 |
| Previous Close | 15.35 |
| Price Eps Current Year | 9.91483 |
| Price Hint | 2 |
| Price To Book | 2.7342494 |
| Price To Sales Trailing12 Months | 0.6927856 |
| Profit Margins | 0.07492 |
| Quick Ratio | 0.078 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.2963 |
| Region | US |
| Regular Market Change | -0.0300007 |
| Regular Market Change Percent | -0.195444 |
| Regular Market Day High | 15.625 |
| Regular Market Day Low | 15.21 |
| Regular Market Day Range | 15.21 - 15.625 |
| Regular Market Open | 15.48 |
| Regular Market Previous Close | 15.35 |
| Regular Market Price | 15.32 |
| Regular Market Time | 1,791,921,603 |
| Regular Market Volume | 12,698,429 |
| Return On Assets | 0.042529996 |
| Return On Equity | 0.3673 |
| Revenue Growth | 0.049 |
| Revenue Per Share | 22.29 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 459,187,846 |
| Shares Percent Shares Out | 0.21090001 |
| Shares Short | 96,829,357 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 86,449,099 |
| Short Name | Norwegian Cruise Line Holdings |
| Short Percent Of Float | 0.23889999 |
| Short Ratio | 5.12 |
| Source Interval | 15 |
| State | FL |
| Symbol | NCLH |
| Target High Price | 32.0 |
| Target Low Price | 13.0 |
| Target Mean Price | 19.64 |
| Target Median Price | 19.0 |
| Total Cash | 218,100,000 |
| Total Cash Per Share | 0.475 |
| Total Debt | 15,978,818,560 |
| Total Revenue | 10,154,306,560 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.62 |
| Trailing P E | 9.45679 |
| Trailing Peg Ratio | 1.1845 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.224 |
| Two Hundred Day Average Change | -3.9040012 |
| Two Hundred Day Average Change Percent | -0.20307954 |
| Type Disp | Equity |
| Volume | 12,698,429 |
| Website | https://www.nclhltd.com |
| Zip | 33,126 |