Luxury Travelers Embrace the Rejuvenating Power of Travel Through Wellness Experiences Rooted in Local Traditions
Oceania Vista® sailing in Santorini, Greece, and yoga and stretch classes aboard Oceania Cruises' ships. Download high-resolution images here. (Credit: Oceania Cruises®)
, /PRNewswire/ -- From practicing tai chi in Bangkok, to dance therapy in Colombo, to yoga and wine tasting in Santorini, Oceania Cruises®, the world's leading destination- and culinary-focused luxury cruise line, invites discerning travelers to embrace a new era of exploration through its acclaimed Wellness Discovery Tours.
Yoga classes offered on Oceania Cruises Responding to a growing interest in wellness experiences, Oceania Cruises offers more than 50 Wellness Discovery Tours in destinations throughout Asia, Europe and South America, as luxury travelers are increasingly seeking journeys that allow them to learn new skills and explore the world differently. This signature collection of tours offers opportunities to engage with centuries-old healing traditions, mindfulness practices and local cultures across the globe.
"Travel has become one of the most powerful ways people invest in their wellbeing. It's a means of stepping outside of their usual routine to slow down, explore different cultures and destinations, and return home with a renewed perspective," said Jason Montague, Chief Luxury Officer of Oceania Cruises. "Our Wellness Discovery Tours are designed for those seeking to nurture their wellbeing and discover the rejuvenating power of travel. For today's luxury guest, travel is much more than movement from place to place – it is a journey of discovery, with every voyage offering the chance to expand horizons, deepen understanding and return home transformed by new perspectives."
Intended to inspire connection and enrichment, Oceania Cruises' small-group, wellness-oriented tours bring guests together with local specialists and like-minded travelers. Experiences range from mineral-rich baths and yoga to dance, power walking and culinary classes.
These shoreside encounters are complemented by a wealth of enriching experiences on board Oceania Cruises' intimate, luxurious ships. With culinary lectures, hands-on cooking classes and food and beverage pairing experiences, plus creative workshops in the Artist Loft, insightful guest speakers and performances by local musicians, guests can enjoy a diverse program designed to enhance their journey.
The enrichment options both ashore and on board are encompassed by the serenity of the adults-only environment aboard Oceania Cruises' boutique ships, allowing guests to explore an extraordinary array of destinations at their own pace and with like-minded travelers.
Highlights of Oceania Cruises Wellness Discovery Tours:
Ultimate Traditional Dance Therapy – Colombo, Sri Lanka: Release tension and lift your mood through Kandyan dance, learning the moves and rituals of Sri Lanka's national dance in an uplifting group setting. Saigonese Organic Food Tasting – Ho Chi Minh City, Vietnam: Savor organic teas and vegetarian cuisine, engaging with local experts and gaining insights into Vietnam's celebrated tea culture. Tai Chi at Viharn Sien Park – Bangkok, Thailand: Visit a serene urban park in the shadow of the temple Viharn Sien to practice the slow, fluid movements of tai chi, an ancient form of exercise improving strength, flexibility and balance. Healthy Stroll Along the Cliffs and Getxo – Bilbao, Spain: Traverse geologically rich cliff paths, pass 18th-century windmills and fortresses, and experience the Basque fishing village of Getxo – with time to enjoy local tapas and authentic culture. Thermal Baths of the Popes – Rome (Civitavecchia), Italy: Restore mind and body at Terme dei Papi, soaking in mineral-rich waters beloved by popes, artists and poets for centuries, set in the inspirational Italian countryside. Traditional Chinese Medicine Experience – Hong Kong, China: Consult with a traditional medicine doctor and try therapies such as acupuncture or cupping, learning ancient methods to promote relaxation and vitality. Yoga & Wine Tasting Overlooking Caldera – Santorini, Greece: Find tranquility with a meditative yoga session on a winery terrace, followed by tastings of Santorini's distinct vintages while admiring the breathtaking views. Tai Chi & Vegetarian Lunch at a Monastery – Hanoi, Vietnam: Experience mindful movement surrounded by spectacular natural beauty and spiritual heritage in a Buddhist monastery on Yen Tu Mountain. Volcanic Thermal Pools and Naples – Naples/Pompeii, Italy: Alternate between hot and cold pools, surrounded by ancient landscapes and timeless healing traditions. Patagonian Hot Springs & Fjord Cruise – Puerto Chacabuco, Chile: Invite relaxation and mindfulness with a journey through the Aysén Fjord by catamaran to the secluded Ensenada Perez Hot Springs, where Patagonian landscapes surround naturally heated pools. Oceania Cruises is celebrated for its personalized service, award-winning cuisine and a crew-to-guest ratio designed for exceptional comfort. With destination-intensive itineraries ranging from seven to 180 days, guests return home with renewed energy, inspiration and stories that last a lifetime.
For more information visit OceaniaCruises.com or call 855-OCEANIA.
About Oceania Cruises®
Oceania Cruises® is the world's leading destination- and culinary-focused luxury cruise line, celebrated for its port-rich voyages and authentic cultural and culinary experiences. The line's intimate, luxurious ships feature an adults-only environment, with a high proportion of spacious rooms and suites, calling on more than 600 marquee and boutique ports in more than 100 countries across seven continents, with destination-intensive itineraries ranging from seven to 180 days. Aboard the designer-inspired ships, guests enjoy personalized service supported by a strong crew-to-guest ratio, alongside The Finest Cuisine at Sea®, prepared by one of the highest chef-to-guest ratios at sea. Oceania Cruises® is also recognized as one of the world's most awarded cruise lines, with accolades spanning luxury, dining, service and destination experiences. Oceania Cruises® has five Sonata Class ships on order scheduled for delivery in 2027, 2029, 2032, 2035 and 2037. Oceania Cruises® is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH).
On July 23, 2026, Norwegian Cruise Line Holdings Ltd (NCLH) shares fell 3.2% to $18.71. The stock has seen a significant decline over the past year, currently t
Norwegian Cruise Line (NCLH - Free Report) closed at $18.71 in the latest trading session, marking a -3.21% move from the prior day. This move lagged the S&P 500's daily loss of 1.21%. At the same time, the Dow lost 0.97%, and the tech-heavy Nasdaq lost 2.15%.
The stock of cruise operator has fallen by 8% in the past month, lagging the Consumer Discretionary sector's loss of 0.92% and the S&P 500's gain of 0.42%.
The upcoming earnings release of Norwegian Cruise Line will be of great interest to investors. The company's earnings report is expected on July 30, 2026. The company's earnings per share (EPS) are projected to be $0.39, reflecting a 23.53% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.63 billion, up 4.35% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.71 per share and revenue of $10.13 billion, indicating changes of -18.96% and +3.07%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Norwegian Cruise Line. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.28% higher. Right now, Norwegian Cruise Line possesses a Zacks Rank of #3 (Hold).
In the context of valuation, Norwegian Cruise Line is at present trading with a Forward P/E ratio of 11.28. Its industry sports an average Forward P/E of 16.53, so one might conclude that Norwegian Cruise Line is trading at a discount comparatively.
It's also important to note that NCLH currently trades at a PEG ratio of 1.01. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Leisure and Recreation Services industry had an average PEG ratio of 1.4.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 83, positioning it in the top 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Norwegian Cruise Line (NCLH - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this cruise operator have returned -8% over the past month versus the Zacks S&P 500 composite's +0.4% change. The Zacks Leisure and Recreation Services industry, to which Norwegian Cruise Line belongs, has lost 6.6% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Norwegian Cruise Line is expected to post earnings of $0.39 per share for the current quarter, representing a year-over-year change of -23.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.8%.
For the current fiscal year, the consensus earnings estimate of $1.71 points to a change of -19% from the prior year. Over the last 30 days, this estimate has changed +0.3%.
For the next fiscal year, the consensus earnings estimate of $2.02 indicates a change of +18% from what Norwegian Cruise Line is expected to report a year ago. Over the past month, the estimate has changed +1%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Norwegian Cruise Line is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Norwegian Cruise Line, the consensus sales estimate for the current quarter of $2.63 billion indicates a year-over-year change of +4.4%. For the current and next fiscal years, $10.13 billion and $10.8 billion estimates indicate +3.1% and +6.6% changes, respectively.
Last Reported Results and Surprise HistoryNorwegian Cruise Line reported revenues of $2.33 billion in the last reported quarter, representing a year-over-year change of +9.6%. EPS of $0.23 for the same period compares with $0.07 a year ago.
Compared to the Zacks Consensus Estimate of $2.34 billion, the reported revenues represent a surprise of -0.5%. The EPS surprise was +53.33%.
Over the last four quarters, Norwegian Cruise Line surpassed consensus EPS estimates two times. The company topped consensus revenue estimates times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Norwegian Cruise Line is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Norwegian Cruise Line. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One stock to keep an eye on is Norwegian Cruise Line (NCLH - Free Report) . NCLH is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock holds a P/E ratio of 10.27, while its industry has an average P/E of 16.63. Over the last 12 months, NCLH's Forward P/E has been as high as 15.63 and as low as 6.93, with a median of 10.77.
We also note that NCLH holds a PEG ratio of 0.84. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. NCLH's PEG compares to its industry's average PEG of 1.16. Over the last 12 months, NCLH's PEG has been as high as 0.93 and as low as 0.15, with a median of 0.24.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. NCLH has a P/S ratio of 0.89. This compares to its industry's average P/S of 2.17.
Finally, investors will want to recognize that NCLH has a P/CF ratio of 6.57. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 12.38. Within the past 12 months, NCLH's P/CF has been as high as 9.67 and as low as 3.73, with a median of 6.53.
Value investors will likely look at more than just these metrics, but the above data helps show that Norwegian Cruise Line is likely undervalued currently. And when considering the strength of its earnings outlook, NCLH sticks out as one of the market's strongest value stocks.
Key Takeaways U.S. consumer sentiment rose to a five-month high as lower energy costs lifted July confidence.Cintas is one of five consumer discretionary picks highlighted for the second half of 2026.Viking Holdings joins four other stocks selected based on growth drivers outlined in the report. The University of Michigan reported that the preliminary index for consumer sentiment jumped to 54.4 in July from 49.5 in June. The Zacks Consensus Estimate was 51. This marked the highest reading of the index since February 2026. A decline in energy cost is the primary reason for this uptick.
The subindex for current economic condition rose to 54.9% in July from 47.7% in June. The subindex for consumer expectations rose to 54% in July from 50.7% in June. The 1-year inflation index fell to 4.2% in July from 4.6% in June. The long-term 5-year inflation index remained the same sequentially at 3.3% in July.
At this stage, we narrowed our search to five consumer discretionary stocks with a favorable Zacks Rank for investment in the second half of 2026. These are: Cintas Corp. (CTAS - Free Report) , Caesars Entertainment Inc. (CZR - Free Report) , Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) , News Corp. (NWSA - Free Report) and Viking Holdings Ltd. (VIK - Free Report) . Each of our picks currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The chart below shows the price performance of our five picks year to date.
Image Source: Zacks Investment Research
Cintas Corp.Cintas is well-positioned to benefit from the solid momentum across its segments. Penetration of additional products and services into existing customers is aiding the Uniform Rental and Facility Services segment. Improved demand for AED Rental is driving the First Aid and Safety Services segment.
CTAS’ focus on the enhancement of its product portfolio, along with investments in technology and automation to improve efficiencies in existing facilities, should continue to drive its performance. For instance, CTAS’ investment in SmartTruck technology continues to provide route optimization and improved efficiencies.
Also, Cintas has been investing in garment-sharing technology, myCintas and SAP systems for a while now. CTAS continues to invest in strategic sourcing and Six Sigma process initiatives to improve cost efficiency and offset external pressures such as tariffs or inflation.
Cintas has an expected revenue and earnings growth rate of 8.2% and 10.9%, respectively, for the current year (ending May 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 1.1% over the last seven days.
Caesars Entertainment Inc.Caesars Entertainment is benefiting from improving Las Vegas demand, supported by strong group and convention activity, sequentially firmer leisure trends and a more robust entertainment calendar. Also, the inclusion of Caesars Windsor, the opening of Harrah’s Oklahoma and the Tahoe redevelopment bode well for CZR.
To drive digital expansion, CZR is emphasizing iCasino offerings, universal-wallet adoption, Caesars Rewards cross-selling and disciplined customer acquisition. Lower capital spending and expiring partnership costs are expected to support CZR’s cash flow.
Caesars Entertainment has an expected revenue and earnings growth rate of 2.7% and 67.5%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has remained the same over the last 30 days.
Norwegian Cruise Line Holdings Ltd.Norwegian Cruise Line is balancing long-term investments with near-term demand headwinds. NCLH’s Premium brands Regent Seven Seas and Oceania continue to attract higher-spending guests.
Fleet expansion, private destinations and commercial upgrades support future pricing power and onboard revenues. Cost-cutting initiatives, including $125 million in annualized SG&A savings, should improve NCLH’s margins.
Great Stirrup Cay remains a controlled destination that can capture incremental guest spending through food, beverage and activities. NCLH noted that Great Tides Waterpark remains on track to open later in summer 2026 and described it as a demand driver moving into 2027.
Norwegian Cruise Line has an expected revenue and earnings growth rate of 3.1% and -18.5%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.6% over the last seven days.
News Corp.News Corp is benefiting from growth in Dow Jones professional information and recurring subscriptions, supported by higher digital advertising and pricing actions. Digital Real Estate is improving yield at Realtor.com through premium agent products and faster product iteration, while REA continues to lift NWSA’s pricing and expand add-on services.
NWSA controls large archives of journalism and datasets that AI platforms seek for provenance and ongoing updates. Management cited a recent deal with Meta Platforms that complements its partnership with OpenAI, and said discussions with additional AI companies have advanced.
NWSA also expects to receive its share of proceeds from a $1.5 billion Anthropic settlement starting later in calendar 2026. These arrangements are positioned as high-margin because they leverage existing content, while AI tools are also being embedded in products such as Factiva and Realtor.com to improve usability over time.
News Corp has an expected revenue and earnings growth rate of 4.6% and 28.5%, respectively, for the current year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 0.9% over the last 60 days.
Viking Holdings Ltd.Viking Holdings is benefiting from strong consumer demand and a solid booking environment. VIK is banking on affluent customers to see it through the current market downturn. Also, the rise in onboard spending bodes well.
VIK is focusing on fleet expansion and geographic diversification to drive growth. The company has been focusing on strategically enhancing the guest experience through smart investments and digital innovations across its fleet, aiming to maximize guest satisfaction and operational efficiency.
VIK’s marketing is fortified by digital industry tools that provide programmatic execution, machine learning capabilities, look-alike prospecting, online-to-offline conversions, emerging AI-supported functionality and data-driven marketing attribution.
Viking Holdings has an expected revenue and earnings growth rate of 13.2% and 27.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.6% over the last seven days.
MIAMI, July 16, 2026 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings” or the “Company”) announced today it will report second quarter 2026 financial results on Thursday, July 30, 2026 at 6:30 a.m. Eastern Time with a conference call and webcast to discuss results at 8:30 a.m. Eastern Time.
The conference call will be webcast via the Company’s Investor Relations website, https://www.nclhltd.com/investors. A replay of the webcast will be available here on the Company’s website for 30 days following the call.
About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company that operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With a combined fleet of 35 ships and ~75,000 berths, NCLH offers itineraries to approximately 700 destinations worldwide. NCLH expects to add 16 additional ships across its three brands through 2037, which will add ~43,000 berths to its fleet. To learn more, visit www.nclhltd.com.
Investor Relations and Media Contacts
Sarah Inmon
(786) 812-3233 [email protected]
, /PRNewswire/ -- Oceania Cruises® is inviting travelers to discover the Caribbean's vibrant cultures, sun-drenched islands and diverse coastal destinations aboard the line's newest and most recently refreshed ships, all offering a sophisticated, adults-only environment. Each itinerary, ranging from seven to 14 days, is designed for guests to explore the region from a new perspective.
Oceania Cruises Caribbean Sailings Sailing aboard Oceania Cruises' intimate, luxurious ships, including Oceania Marina™, Oceania Vista® and Oceania Allura™, for the Caribbean season at the end of 2026 showcases the extraordinary breadth and cultural richness of the region. Itineraries feature popular destinations such as Oranjestad, Aruba; Cozumel, Mexico; and Montego Bay, Jamaica, as well as lesser-known boutique ports, including Basseterre, St. Kitts; Philipsburg, St. Maarten; and Pointe-à-Pitre, Guadeloupe.
Guests can explore the Caribbean's flavors, lush landscapes, wildlife and lively cultures through a broad array of small-group shore excursions designed to showcase the diversity of the region. Travelers can choose to visit a beekeeping collective in St. Lucia or peruse the antique stalls of Pointe-à-Pitre's Sainte-Anne's Artisanal Village. Alternatively, for those wanting to discover the Caribbean through a culinary lens, they could sample Dutch cheeses and wines in the UNESCO-listed historic section of Willemstad, Curaçao, learn about the dozens of banana varieties and the role they play in Martinique's economy, or enjoy a Chef-led tour of an organic farm and a beachside lunch in Tortola.
"Our Caribbean voyages showcase the remarkable diversity and depth of the region, from its globally recognized islands to its more unexpected discoveries. Plus, our array of enriching experiences ashore offers even the most well-traveled guests a fresh perspective on destinations they may have visited many times," said Jason Montague, Chief Luxury Officer of Oceania Cruises. "Whether sailing aboard our two newest ships, Oceania Allura and Oceania Vista, or embarking on the newly reinspired Oceania Marina, guests can enjoy days exploring ashore before returning to a refined adults-only ambiance and elegant accommodations that provide the perfect retreat at sea."
Beyond the ports of call, Oceania Cruises' onboard experience is equally enriching. Guests can savor themed Chef's Market Dinners in the Terrace Café on select evenings and refine their culinary skills at The Culinary Center, where expert Chef Instructors lead hands-on classes inspired by local ingredients and regional traditions. The spirit of the Caribbean continues throughout the ship, with LYNC digital classes inviting guests to refine their photography techniques to capture the region's vivid coastlines and landscapes.
Highlighted Caribbean Voyages Through 2026:
Dutchman's Caribbean: 14-day voyage roundtrip from Miami, departing November 11, 2026, aboard Oceania Vista. This itinerary spans the Western and Southern Caribbean, with calls in George Town, Grand Cayman; Falmouth, Jamaica; Oranjestad, Aruba; Willemstad, Curaçao; St. George's, Grenada; Bridgetown, Barbados; Basseterre, St. Kitts; and Castries, St. Lucia, inviting guests to tour colorful local markets featuring artisanal sweets and spirits, and sample local rum. The sailing features a blend of colorful Dutch-Caribbean islands, lush volcanic landscapes, vibrant local culture and scenic coastal beauty. Caribbean Island Bliss: 10-day voyage roundtrip from Miami, departing December 2, 2026, aboard Oceania Allura. Offering a mix of turquoise waters, sophisticated towns, local flavors and relaxed luxury, this Eastern Caribbean escape showcases a collection of beloved islands, beginning with a call in Charlotte Amalie, St. Thomas, where travelers can follow an underwater snorkel trail through the clear waters of Trunk Bay. The voyage continues to Gustavia, St. Barts, before arriving in Philipsburg, St. Maarten, where guests can sample local cuisine and catch a glimpse of island life at an open-air barbecue locally known as "Lolo." Additional calls include Frederiksted, St. Croix, and Tortola, British Virgin Islands. Collector's Caribbean: 12-day voyage roundtrip from Miami, departing December 10, 2026, aboard Oceania Marina. Blending French-Caribbean charm and immersive culinary experiences, this port-rich itinerary explores some of the region's most sought-after islands, including calls in Charlotte Amalie, St. Thomas, and Gustavia, St. Barts. In St. John's, Antigua, guests can enjoy a Caribbean cooking shore excursion led by a team trained by Michelin-starred chef Colin McGurran, preparing a three-course menu inspired by local ingredients and the island's rich culinary heritage. The voyage also calls at Fort-de-France, Martinique; Basseterre, St. Kitts; Philipsburg, St. Maarten; and Tortola, British Virgin Islands. Tropical Retreats: 7-day voyage roundtrip from Miami, departing December 21, 2026, aboard Oceania Allura. Surrounded by dense jungle and turquoise waters, this holiday sailing calls at Costa Maya, Mexico, and Roatan, Honduras. Equally enchanting ports of call include Harvest Caye, Belize, on Christmas Day, and Cozumel, Mexico, where a Chef-Led Tequila vs Mezcal Seminar and Taco Pairing Culinary Discovery Tour invites guests to learn about these iconic agave spirits while sampling tacos thoughtfully paired to complement their flavors. Caribbean Celebration: 14-day voyage roundtrip from Miami, departing December 22, 2026, aboard Oceania Marina. This two-week holiday sailing offers wildlife opportunities, sapphire seas and relaxation across ports including George Town, Grand Cayman; Montego Bay, Jamaica; Oranjestad, Aruba; Willemstad, Curaçao; Kralendijk, Bonaire; and a New Year's Eve call at Fort-de-France, Martinique, where a culturally rich shore excursion invites guests to visit a smaller version of the Sacré-Coeur Basilica, explore a museum chronicling the 1902 volcanic eruption and enjoy lunch featuring boucanage, a centuries-old method of cooking meats. The sailing concludes with calls at Basseterre, St. Kitts, and Philipsburg, St. Maarten. Oceania Cruises' 2026 Caribbean voyages are part of the line's expansive portfolio, currently spanning over 600 ports and 250 unique itineraries each year. On all sailings, guests can experience the hallmarks of Oceania Cruises, including destination-rich itineraries, elegantly appointed small ships, highly personalized service and The Finest Cuisine at Sea®.
For more information on Oceania Cruises' collection of small, luxurious ships and curated global itineraries, visit OceaniaCruises.com or call 855-OCEANIA.
About Oceania Cruises®
Oceania Cruises® is the world's leading destination- and culinary-focused luxury cruise line, celebrated for its port-rich voyages and authentic cultural and culinary experiences. The line's intimate, luxurious ships feature an adults-only environment, with a high proportion of spacious rooms and suites, calling on more than 600 marquee and boutique ports in more than 100 countries across seven continents, with destination-intensive itineraries ranging from seven to 180 days. Aboard the designer-inspired ships, guests enjoy personalized service supported by a strong crew-to-guest ratio, alongside The Finest Cuisine at Sea®, prepared by one of the highest chef-to-guest ratios at sea. Oceania Cruises® is also recognized as one of the world's most awarded cruise lines, with accolades spanning luxury, dining, service and destination experiences. Oceania Cruises® has five Sonata Class ships on order scheduled for delivery in 2027, 2029, 2032, 2035 and 2037. Oceania Cruises® is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH).
Norwegian Cruise Line (NCLH - Free Report) closed at $19.73 in the latest trading session, marking a +1.39% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq appreciated by 0.62%.
Coming into today, shares of the cruise operator had lost 4.28% in the past month. In that same time, the Consumer Discretionary sector lost 1.13%, while the S&P 500 gained 1.61%.
The investment community will be paying close attention to the earnings performance of Norwegian Cruise Line in its upcoming release. The company's earnings per share (EPS) are projected to be $0.39, reflecting a 23.53% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.63 billion, up 4.27% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.71 per share and revenue of $10.14 billion, indicating changes of -18.96% and +3.18%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Norwegian Cruise Line. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.57% higher within the past month. At present, Norwegian Cruise Line boasts a Zacks Rank of #3 (Hold).
Investors should also note Norwegian Cruise Line's current valuation metrics, including its Forward P/E ratio of 11.39. This denotes a discount relative to the industry average Forward P/E of 16.36.
It is also worth noting that NCLH currently has a PEG ratio of 1.07. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.41.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 172, finds itself in the bottom 31% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.
We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.
The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.
Should You Consider Norwegian Cruise Line?The last thing we will do today, now that we have a grasp on the ESP and how powerful of a tool it can be, is to quickly look at a qualifying stock. Norwegian Cruise Line (NCLH - Free Report) holds a #3 (Hold) at the moment and its Most Accurate Estimate comes in at $0.42 a share 16 days away from its upcoming earnings release on July 30, 2026.
NCLH has an Earnings ESP figure of +7.30%, which, as explained above, is calculated by taking the percentage difference between the $0.42 Most Accurate Estimate and the Zacks Consensus Estimate of $0.39. Norwegian Cruise Line is one of a large database of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
NCLH is part of a big group of Consumer Discretionary stocks that boast a positive ESP, and investors may want to take a look at Royal Caribbean (RCL - Free Report) as well.
Royal Caribbean is a Zacks Rank #3 (Hold) stock, and is getting ready to report earnings on July 28, 2026. RCL's Most Accurate Estimate sits at $3.95 a share 14 days from its next earnings release.
Royal Caribbean's Earnings ESP figure currently stands at +0.77% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $3.92.
Because both stocks hold a positive Earnings ESP, NCLH and RCL could potentially post earnings beats in their next reports.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
Ke konci obchodní seance se mírně přelil kapitál z čipových společností do klasických technologických. Přesto společnosti jako AMD + 5,67 %, Micron +4,39 %, či Broadcom +3,2 % končí výrazně v zeleném a čipový sektor táhl celý trh. Společnosti SpaceX se podařilo dostat opět nad otevírací cenu po IPO a přidala dnes +2,65 %.
Sektor spotřebního zboží dnes táhly dolů akcie PepsiCo, která po ne příliš oslnivých výsledcích odepsala nakonec -3,26 %. V kladných hodnotách se udržely i kryptoměny, kdy Bitcoin přidal +1,8 %.
Na opačné straně stála cena ropy, kde WTI propadl o -2,22 %, a to z důvodu mírného uklidnění situace v Íránu.
Index Dow Jones +0,27 % na 52487,38 b.
S&P 500 +0,81 % na 7543,54 b.
Nasdaq Composite +1,3 % na 26206,89 b.
Index S&P 500 +0,81 % na 7543,54 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Informační technologie +1,6 % Nezbytná spotřeba -1,8 % Zbytná spotřeba +1,5 % Energie -1,6 % Finanční sektor +1 % Utility -0,5 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Lumentum Holdings (LITE) +11 % APA Corp (APA) -5,1 % Hewlett Packard Enterprise (HPE) +9,9 % Paramount Skydance Corp (PSKY) -4,3 % Fedex Freight Holding (FDXF) +7,6 % Costco Wholesale Corp (COST) -4,2 % Sandisk Corp (SNDK) +7,6 % Cincinnati Financial Corp (CINF) -3,4 % Norwegian Cruise Line Holdings (NCLH) +7,0 % PepsiCo (PEP) -3,3 %
Jan Pazourek, Fio banka, a.s.
Norwegian Cruise Line (NCLH - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this cruise operator have returned +3.1%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Leisure and Recreation Services industry, which Norwegian Cruise Line falls in, has lost 0.5%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Norwegian Cruise Line is expected to post earnings of $0.39 per share, indicating a change of -23.5% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.7 points to a change of -19.4% from the prior year. Over the last 30 days, this estimate has changed +0.1%.
For the next fiscal year, the consensus earnings estimate of $2.02 indicates a change of +18.5% from what Norwegian Cruise Line is expected to report a year ago. Over the past month, the estimate has changed +1%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Norwegian Cruise Line.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Norwegian Cruise Line, the consensus sales estimate of $2.62 billion for the current quarter points to a year-over-year change of +4.2%. The $10.14 billion and $10.82 billion estimates for the current and next fiscal years indicate changes of +3.2% and +6.7%, respectively.
Last Reported Results and Surprise HistoryNorwegian Cruise Line reported revenues of $2.33 billion in the last reported quarter, representing a year-over-year change of +9.6%. EPS of $0.23 for the same period compares with $0.07 a year ago.
Compared to the Zacks Consensus Estimate of $2.34 billion, the reported revenues represent a surprise of -0.5%. The EPS surprise was +53.33%.
Over the last four quarters, Norwegian Cruise Line surpassed consensus EPS estimates two times. The company topped consensus revenue estimates times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Norwegian Cruise Line is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Norwegian Cruise Line. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Norwegian Cruise Line (NCLH - Free Report) closed at $18.83 in the latest trading session, marking a -2.23% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.45%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 1.16%.
The stock of cruise operator has risen by 3.83% in the past month, leading the Consumer Discretionary sector's gain of 0.37% and the S&P 500's gain of 2.14%.
Market participants will be closely following the financial results of Norwegian Cruise Line in its upcoming release. The company is expected to report EPS of $0.39, down 23.53% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $2.62 billion, indicating a 4.23% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.7 per share and revenue of $10.14 billion, which would represent changes of -19.43% and +3.17%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Norwegian Cruise Line. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, Norwegian Cruise Line holds a Zacks Rank of #3 (Hold).
Investors should also note Norwegian Cruise Line's current valuation metrics, including its Forward P/E ratio of 11.32. This expresses a discount compared to the average Forward P/E of 16.66 of its industry.
We can additionally observe that NCLH currently boasts a PEG ratio of 1.07. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Leisure and Recreation Services industry had an average PEG ratio of 1.51 as trading concluded yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 197, placing it within the bottom 20% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
, /PRNewswire/ -- Oceania Cruises® announced its 2027 Specialty Cruises, bringing together destination‑rich itineraries and hosted experiences where cuisine, culture and personal connection take center stage.
From top left to right: Sara Moulton, Claudine Pépin, Eric Barale and Alexis Quaretti. Bottom Left: Samantha Brown. The line's 2027 Specialty Cruises offer guests unique opportunities to engage with renowned guest hosts and celebrated experts while exploring some of the world's most evocative regions. From the sun-drenched Mediterranean and historic Baltic shores to captivating Japan, these thoughtfully crafted voyages offer fresh insights and memorable experiences inspired by culture, cuisine and history. Through exclusive events, expert insights and distinctive experiences, every journey is designed to go far beyond the expected.
"Our 2027 Specialty Cruises represent the pairing of port‑rich itineraries with hosts who bring true depth, access and perspective," said Jason Montague, Chief Luxury Officer of Oceania Cruises. "Each voyage has been created to connect guests more meaningfully with the cultures they're exploring through experiences that are only available on these specialty sailings."
Select voyages will once again be hosted by celebrated culinary icons and beloved television personalities, such as Claudine Pépin, daughter of patriarch chef, Jacques Pépin, and the likes of renowned television host Sara Moulton, alongside Oceania Cruises' own Executive Culinary Directors and lauded Master Chefs of France, Chef Alexis Quaretti and Chef Eric Barale.
Through intimate culinary experiences, cooking demonstrations, dinners and engaging conversations, travelers are invited behind the scenes of global cuisine, discovering not only remarkable flavors, but the stories and cultures that define them.
Select sailings will also feature travel experts who provide insights on distinctive Mediterranean ports, designed to bring travelers closer to the region's culture, people and experiences. Samantha Brown's Specialty Cruise, sailing from Trieste to Barcelona, is hosted by the popular television personality, who will share her insights, adding an extra layer of connection in select ports. Later in the season, the Reunion Cruise, aboard Oceania Aurelia™, offers an end‑of‑year celebration hosted by senior Oceania Cruises executives, where loyal and first-time guests alike can come together.
2027 Specialty Cruise Highlights
Culinary Luminaries Specialty Cruise: 13 days from Athens to Rome, departing June 2, 2027, aboard Oceania Vista®
Celebrate global cuisine inspired by the flavors, traditions and culinary heritage of the Western Mediterranean. Guests will enjoy enriching onboard programming, including specially crafted menus, tastings and culinary demonstrations with Executive Culinary Directors Chef Alexis Quaretti and Chef Eric Barale, alongside notable guest chefs. Sara Moulton Specialty Cruise: 14 days roundtrip London, departing June 8, 2027, aboard Oceania Marina™
Set sail on an in‑depth culinary journey through the Baltic region with Sara Moulton, renowned chef, author and television personality, formerly of the Food Network and current host of "Sara's Weeknight Meals" on PBS. This sailing celebrates the flavors and culinary heritage found along the shores of the Baltic Sea. Throughout the voyage, guests can look forward to specially crafted menus, culinary demonstrations, exclusive events and a gala brunch, led by Sara, whose approachable style and deep culinary knowledge have made her a trusted voice in kitchens around the world. Claudine Pépin Specialty Cruise: 11 days roundtrip Tokyo, departing September 30, 2027, aboard Oceania Riviera™
Discover the heritage and culinary traditions of Japan alongside Claudine Pépin, James Beard Award winner, president of the Jacques Pépin Foundation, and godmother of Oceania Sirena™. Throughout the voyage, guests can look forward to onboard experiences celebrating regional flavors and culinary storytelling, including live cooking demonstrations and a special gala brunch. Claudine will also join guests on select shore excursions, offering opportunities to connect Japan's cultural traditions with its rich culinary landscape. Samantha Brown Specialty Cruise: 10 days from Trieste to Barcelona, departing November 7, 2027, aboard Oceania Allura™
Hosted by beloved travel expert and television personality Samantha Brown, this Mediterranean voyage offers a fresh way to experience Europe's iconic cities. Bringing destinations to life through personal insights and engaging conversations, Samantha encourages guests to connect more deeply with the history and character of the ports visited. Designed for curious travelers, this specialty cruise is framed by the timeless beauty of the Adriatic and Western Mediterranean. Reunion Cruise: 12 days from Trieste to Athens, departing December 6, 2027, aboard Oceania Aurelia™
Join this special end-of-year sailing aboard the newly launched Oceania Aurelia, bringing together Oceania Club™ members and guests embarking on their first Oceania Cruises voyage for a festive celebration of travel, cuisine and shared experiences. Join Jason Montague, Chief Luxury Officer, and Neli Arias, Head of the Oceania Club, on this special voyage exploring the treasures of the Mediterranean through elegant events and immersive excursions. Open to Oceania Club members and discerning travelers new to Oceania Cruises. Featured hosts and special guests are planned to participate in these specialty sailings; however, appearances and programming are subject to change.
For more information on Oceania Cruises' Specialty Cruises visit here. Explore the line's collection of intimate, luxurious ships and curated global itineraries, here: OceaniaCruises.com or call 855-OCEANIA.
About Oceania Cruises®
Oceania Cruises® is the world's leading destination- and culinary-focused luxury cruise line, celebrated for its port-rich voyages and authentic cultural and culinary experiences. The line's intimate, luxurious ships feature an adults-only environment, with a high proportion of spacious rooms and suites, calling on more than 600 marquee and boutique ports in more than 100 countries across seven continents, with destination-intensive itineraries ranging from seven to 180 days. Aboard the designer-inspired ships, guests enjoy personalized service supported by a strong crew-to-guest ratio, alongside The Finest Cuisine at Sea®, prepared by one of the highest chef-to-guest ratios at sea. Oceania Cruises® is also recognized as one of the world's most awarded cruise lines, with accolades spanning luxury, dining, service and destination experiences. Oceania Cruises® has five Sonata Class ships on order scheduled for delivery in 2027, 2029, 2032, 2035 and 2037. Oceania Cruises® is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH).
Norwegian Cruise Line (NCLH - Free Report) ended the recent trading session at $21.11, demonstrating a -3.7% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.79%. On the other hand, the Dow registered a gain of 0.26%, and the technology-centric Nasdaq increased by 1.52%.
Coming into today, shares of the cruise operator had gained 21.37% in the past month. In that same time, the Consumer Discretionary sector lost 0.73%, while the S&P 500 lost 1.82%.
Investors will be eagerly watching for the performance of Norwegian Cruise Line in its upcoming earnings disclosure. In that report, analysts expect Norwegian Cruise Line to post earnings of $0.39 per share. This would mark a year-over-year decline of 23.53%. At the same time, our most recent consensus estimate is projecting a revenue of $2.62 billion, reflecting a 4.23% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $1.7 per share and a revenue of $10.14 billion, demonstrating changes of -19.43% and +3.17%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Norwegian Cruise Line. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Norwegian Cruise Line currently has a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Norwegian Cruise Line has a Forward P/E ratio of 12.89 right now. Its industry sports an average Forward P/E of 16.94, so one might conclude that Norwegian Cruise Line is trading at a discount comparatively.
Meanwhile, NCLH's PEG ratio is currently 1.21. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.52.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 188, positioning it in the bottom 23% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
MIAMI, June 29, 2026 (GLOBE NEWSWIRE) -- Norwegian Cruise Line®, the innovator in global cruise travel, announced today the appointment of Lee D. Applbaum as Chief Marketing Officer beginning July 6, 2026.
With more than 25 years of experience building and transforming some of the world’s most recognized consumer brands, Applbaum will lead the company’s global marketing organization, driving brand strategy, guest engagement and demand generation while fostering a high-performing, collaborative culture across the team.
Applbaum brings extensive global marketing experience across premium consumer brands. He served as global chief marketing officer at Patrón Spirits International and later Bacardi, leading the Tequila Patrón portfolio before expanding his scope to include Grey Goose. In these roles, he oversaw integrated marketing and innovation efforts across more than 150 countries, preparing him to later cofound a privately held venture focused on the development of disruptive and scalable spirits brands. Applbaum also served as a board advisor and later chief marketing officer at Wheels Up, the on-demand private aviation provider, where he played a key role in the company’s 2021 public listing. He has also held various marketing leadership roles across a number of iconic retail and consumer packaged goods brands over his career.
Known for combining bold creativity with analytical rigor, Applbaum has a strong track record of driving culturally resonant brands, leading high-performing teams, building integrated global campaigns and influencing cross-functional stakeholders.
“Lee is a visionary marketing leader with a proven track record of building brands that resonate with consumers and drive meaningful growth,” said Marc Kazlauskas, president of Norwegian Cruise Line. “Equally important, he is known for building strong, high-performance cultures that empower teams to do their best work. His ability to blend creativity with data-driven insight will be instrumental as we continue to strengthen our brand, generate high yielding demand and inspire even more guests to experience everything Norwegian Cruise Line has to offer.”
“I am honored to join Norwegian Cruise Line at such an exciting time for the brand and the broader cruise industry,” said Applbaum, newly appointed chief marketing officer of Norwegian Cruise Line. “The brand has a strong legacy of innovation and a passion for delivering unforgettable vacation experiences. I look forward to working alongside this talented team to further elevate the brand, deepen guest connections and loyalty for NCL, while continuing to build a dynamic culture that inspires creativity, collaboration and demand for the brand.”
Applbaum joins Norwegian Cruise Line at a pivotal moment of growth, with seven ships on order through 2037, destination-driven itineraries designed to offer guests more choice, flexibility and ease in creating memorable vacations, and major investments underway to elevate the guest experience. His global marketing expertise will help fuel excitement and demand for NCL’s expanding fleet while bringing a thoughtful, technology-enabled approach to marketing that ensures the company is efficient with its investments and delivers the right message to the right guest at the right stage of the cruise journey. He will drive the continued momentum to position Great Stirrup Cay, the company’s private island in the Bahamas, as a leading guest experience following the highly anticipated debut of Great Tides Waterpark this summer, which includes 19 waterslides, the industry’s first cliff jumps, a Wandering River, a dedicated kids area designed for aquatic adventures and more.
For more information about the Company's award-winning fleet and worldwide itineraries, or to book a cruise, please contact a travel professional, call 888-NCL-CRUISE (625-2784) or visit www.ncl.com.
About Norwegian Cruise Line
As the innovator in global cruise travel, Norwegian Cruise Line® has been breaking the boundaries of traditional cruising for 59 years. Its tagline, "It’s Different Out HereTM" reflects the emotional connection guests experience aboard and pays tribute to the company’s history of pioneering the cruise experience. Most notably, NCL revolutionized the industry by offering guests the freedom and flexibility to design their ideal vacation on their preferred schedule with no assigned dining and entertainment times and no formal dress codes. Today, the company continues to deliver curated, effortless experiences that cater to every type of traveler – from seasoned cruisers to families of every size. With award-winning entertainment, globally inspired dining and thoughtfully designed accommodations, including solo staterooms, Club Balcony Suites and The Haven by Norwegian®, the company’s exclusive ship-within-a-ship concept, NCL ensures every guest enjoys a seamless and personalized journey that allows them to enjoy the moment and connect with those who matter most. To further deliver guests with more value, the company’s signature Free at Sea™ package provides added benefits and inclusions such as unlimited open bar; specialty dining credits; high-speed Wi-Fi; shore excursions credits; and with select sailings guests can enjoy free airfare as well as third and fourth guests sail free (terms and conditions apply). NCL guests sailing to the Caribbean can also enjoy exclusive experiences at Harvest Caye, the company's resort destination in Belize, along with new and enhanced experiences at Great Stirrup Cay, NCL’s expanded private island in the Bahamas. NCL sails to nearly 350 of the world's most desirable destinations with its fleet of 21 contemporary ships.
For additional information or to book a cruise, contact a travel professional, call 888-NCL-CRUISE (625-2784) or visit www.ncl.com. For the latest news and exclusive content, visit the NCL Newsroom and follow Norwegian Cruise Line on Facebook, Instagram, TikTok and YouTube @NorwegianCruiseLine; and Twitter @CruiseNorwegian.
Norwegian Cruise Line is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. To learn more, visit www.nclhltd.com.
Following meetings with investor relations teams at both companies, BNP reiterated its Outperform rating on Royal Caribbean while maintaining a Neutral rating on Norwegian, arguing that Royal’s biggest overhang—a likely delay to its Perfect Day Mexico project—is manageable, while Norwegian continues to grapple with operational and pricing issues that could take much longer to resolve.
Royal Caribbean’s Mexico Project May Be DelayedThe biggest uncertainty surrounding Royal Caribbean remains Perfect Day Mexico after Mexican authorities declined to approve the project in its current form.
Even if Perfect Day Mexico slips, Royal will still have Royal Beach Club Cozumel opening in early 2028 and, if necessary, could eventually explore alternative destinations such as Belize or Honduras.
Norwegian’s Turnaround Still Has Hurdles To ClearSiew sees a more complicated road ahead for Norwegian. While management has acknowledged that improving yields will take time, the brokerage believes new issues continue to emerge, making a meaningful recovery before 2027 increasingly difficult.
Among the concerns Siew highlighted are pricing decisions that may have prioritized filling ships over maximizing yields, continued leadership changes, including the search for a chief marketing officer, “open jaw” European itineraries, and questions surrounding booking management.
The firm believes those execution issues could weigh on performance into next year, even as Norwegian’s Great Tides water park at Great Stirrup Cay is now expected to open on schedule in September.
Siew noted the attraction could boost both admission revenue and cruise ticket pricing over time, but argued it is unlikely to offset the broader operational challenges facing the company.
For investors choosing between the two cruise stocks, BNP’s takeaway was clear: Royal Caribbean appears to be managing through a temporary project delay, while Norwegian is still working toward a broader business turnaround that may not fully materialize until the second half of 2027.
Photo Courtesy: lia_mistral on Shutterstock.com
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Norwegian Cruise Line (NCLH - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this cruise operator have returned +15.8%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Leisure and Recreation Services industry, which Norwegian Cruise Line falls in, has gained 15%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Norwegian Cruise Line is expected to post earnings of $0.39 per share, indicating a change of -23.5% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $1.7 for the current fiscal year indicates a year-over-year change of -19.4%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2 indicates a change of +17.8% from what Norwegian Cruise Line is expected to report a year ago. Over the past month, the estimate has changed +0.5%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Norwegian Cruise Line.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Norwegian Cruise Line, the consensus sales estimate for the current quarter of $2.62 billion indicates a year-over-year change of +4.2%. For the current and next fiscal years, $10.14 billion and $10.82 billion estimates indicate +3.2% and +6.7% changes, respectively.
Last Reported Results and Surprise HistoryNorwegian Cruise Line reported revenues of $2.33 billion in the last reported quarter, representing a year-over-year change of +9.6%. EPS of $0.23 for the same period compares with $0.07 a year ago.
Compared to the Zacks Consensus Estimate of $2.34 billion, the reported revenues represent a surprise of -0.5%. The EPS surprise was +53.33%.
Over the last four quarters, Norwegian Cruise Line surpassed consensus EPS estimates two times. The company topped consensus revenue estimates times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Norwegian Cruise Line is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Norwegian Cruise Line. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
The 2028 & 2029 Collection Includes More Than 230 Voyages and Over 60 Overnight Stays Aboard Oceania Cruises' Intimate, Luxurious Ships
, /PRNewswire/ -- Oceania Cruises® has unveiled its new 2028 & 2029 Collection of Voyages, featuring more than 230 itineraries across the globe. Sailings range from seven to 180 days and include more than 60 overnight port stays. Opening for bookings today, June 17, 2026, this double launch of two full future seasons gives guests and travel advisors greater time and flexibility to plan their journeys well ahead.
Vista Sailing in Malta Iconic cities such as Tokyo, New York and Amsterdam frame these journeys, weaving together sun-drenched islands, lesser-known gems and new favorites waiting to be discovered. The collection spans an extraordinary range of ports, from the ancient ruins of Ephesus to the remote Japanese harbor towns of Ishigaki and Miyazaki, the volcanic drama of Iceland's Húsavík and the pristine wilderness of Alaska's Icy Strait Point. Along the way, guests can drift through the Indonesian archipelago, follow the blaze of autumn foliage along the St. Lawrence River and explore the dramatic fjords of Milford Sound.
"This new, expansive collection reflects our passion for immersive travel opportunities and offers guests the chance to explore a little further with more depth thanks to more than 60 overnight stays. Launching sailings for 2028 and 2029 underscores our commitment to giving guests and travel advisors the confidence and time to plan the journeys that truly matter," said Jason Montague, Chief Luxury Officer of Oceania Cruises. "From the historic harbors of the Mediterranean to the remote fjords of New Zealand, each sailing reflects our belief that the world's greatest destinations deserve to be experienced, not simply visited."
HIGHLIGHTS OF THE 2028 & 2029 COLLECTION:
More than 60 Overnight Stays Across Two Seasons: Featured throughout the 2028 & 2029 Collection, these include extended time in well-loved cities such as Copenhagen, Lisbon, Bangkok and Bali, as well as smaller ports like Seville and Malé. Late-evening departures and overnight stays – hallmarks of Oceania Cruises – invite deeper discovery and connection to life ashore. From Alaska's Last Frontier to Japan's Hidden Ports on Oceania Riviera™: Oceania Riviera returns to Alaska in summer 2028 before transitioning to Asia-focused sailings, including a greater emphasis on Japan beyond the expected. Itineraries feature rarely visited ports including Kagoshima, Ishigaki and Miyazaki – destinations inaccessible to larger ships – alongside calls in Tokyo and Osaka. Oceania Aurelia™ Debuts her Inaugural World Cruises: Welcoming fewer than 500 guests, Oceania Aurelia will sail her inaugural 180-Day Around the World voyages in 2028 and 2029, sailing from Miami and Los Angeles, respectively, before concluding in New York. Oceania Allura™ Extends the Mediterranean Winter Season: Oceania Allura returns for a second Mediterranean winter season in 2028 and 2029, exploring Greece, Turkey, Italy and Spain from November through March during cooler, calmer months. With more than 80 Mediterranean itineraries, this marks Oceania Cruises' most diverse range of sailings in the region to date. REGIONS:
Europe
Oceania Cruises' extensive European seasons span from the Mediterranean to Northern Europe, including Oceania Aurelia's inaugural Baltic and Scandinavia sailings. From Greek island-hopping and Aegean shores to Norway's fjords, the royal capitals of Stockholm and Copenhagen, and Amsterdam's canals, these itineraries offer deeper exploration of Europe's most storied regions.
Caribbean, Panama Canal & Mexico
Oceania Sonata™ and Oceania Vista® anchor the collection's Caribbean sailings, with round-trip Miami departures and extended Panama Canal crossings ranging from seven-day island escapes to multi-week voyages through Central America and Mexico.
Asia
Oceania Marina™ and Oceania Riviera cover Asia across both seasons, with an emphasis on Japan's smaller coastal ports alongside its great cities. Sailings are complemented by overnight stays in Bangkok and Singapore and sailings through the Indonesian archipelago, including Komodo Island.
South Pacific, Australia & New Zealand
Oceania Marina explores Australia and New Zealand, with multiple 14-day voyages including scenic cruising through the striking fjords of Milford Sound and calls in Sydney, Melbourne, Hobart, Auckland and beyond.
Canada & New England
Autumn foliage, colonial history and the raw beauty of the Bay of Fundy define the Canada and New England season. Sailings include the 11-day Autumnal Allure & Maritimes, aboard Oceania Vista, with calls in Portland, Saint John, Halifax and Quebec City, and the Maritimes Harvest Passage sailing, which includes Charlottetown, Prince Edward Island.
Transoceanic
Seven repositioning crossings connect oceans as enticing journeys in their own right. Highlights include the 15-day Canary Isles Autumn Passage from Lisbon to Miami, aboard Oceania Sonata™, with calls in Madeira, Tenerife and San Juan.
The Best Value in Luxury Cruising
Guests can book with confidence through Oceania Cruises' Best Value Guarantee. Should a new offer become available before departure, guests may take advantage of it with no administrative fees – either by adjusting their reservation prior to final payment or receiving the added value as shipboard credit, stateroom upgrade or future cruise credit. This flexibility, combined with Your World Included™ amenities such as specialty dining, complimentary WiFi, and pre-paid shipboard gratuities, ensures exceptional value without compromise.
About Oceania Cruises®
Oceania Cruises® is the world's leading destination- and culinary-focused luxury cruise line, celebrated for its port-rich voyages and authentic cultural and culinary experiences. The line's intimate, luxurious ships feature an adults-only environment, with a high proportion of spacious rooms and suites, calling on more than 600 marquee and boutique ports in more than 100 countries across seven continents, with destination-intensive itineraries ranging from seven to 180 days. Aboard the designer-inspired ships, guests enjoy personalized service supported by a strong crew-to-guest ratio, alongside The Finest Cuisine at Sea®, prepared by one of the highest chef-to-guest ratios at sea. Oceania Cruises® is also recognized as one of the world's most awarded cruise lines, with accolades spanning luxury, dining, service and destination experiences. Oceania Cruises® has five Sonata Class ships on order scheduled for delivery in 2027, 2029, 2032, 2035 and 2037. Oceania Cruises® is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH).
Norwegian Cruise Line Holdings Ltd. is positioned for upside as energy prices fall following a U.S.-Iran preliminary peace agreement, easing recent margin headwinds. NCLH trades at a compelling 10X forward earnings, notably cheaper than peers, with potential for multiple expansion if EPS guidance is revised upward and margin headwinds fade. Despite fuel-driven EPS cuts and headwinds to booking growth in Europe, NCLH delivered 10% year-over-year revenue growth in Q1 and remains solidly profitable, supporting a confirmed 'Buy' rating.
Norwegian Cruise Line Holdings (NCLH) remains the worst-performing cruise stock YTD, underperforming peers despite a brief recovery earlier in 2026. The quality of its earnings outlook downgrade as well as an elevated net debt-to-EBITDA ratio at a time of macroeconomic uncertainties work against the stock. However, the recent crash in oil price, positive market multiples and possibility of an upwards earnings surprise bode well for NCLH.
Norwegian Cruise Line (NCLH - Free Report) closed the most recent trading day at $20.39, moving +1.75% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 1.44%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 2.22%.
The cruise operator's stock has climbed by 22.94% in the past month, exceeding the Consumer Discretionary sector's loss of 1.97% and the S&P 500's gain of 0.08%.
Analysts and investors alike will be keeping a close eye on the performance of Norwegian Cruise Line in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.39, indicating a 23.53% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.62 billion, indicating a 4.23% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.68 per share and a revenue of $10.14 billion, signifying shifts of -20.38% and +3.17%, respectively, from the last year.
Any recent changes to analyst estimates for Norwegian Cruise Line should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Norwegian Cruise Line is holding a Zacks Rank of #4 (Sell) right now.
Investors should also note Norwegian Cruise Line's current valuation metrics, including its Forward P/E ratio of 11.93. This expresses a discount compared to the average Forward P/E of 16.18 of its industry.
It is also worth noting that NCLH currently has a PEG ratio of 1.12. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.45 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 189, positioning it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Destination-Focused Voyages Pair Small-Ship Access With Distinctive Shore Experiences Across Scandinavia, British Isles, Iceland, Greenland and Norway
Download high-resolution images here (Credit: Oceania Cruises)
, /PRNewswire/ -- Oceania Cruises® invites travelers to discover the dramatic landscapes, rich cultural traditions and lesser-explored coastal destinations of Northern Europe aboard its intimate, luxurious ships, offering a relaxing and elegant way to experience this captivating region.
Northern Europe Spotlight Sailing aboard Oceania Cruises' elegant, small ships, including Oceania Insignia™, Oceania Marina™ and Oceania Vista®, the 2027 Northern Europe season showcases the breadth and beauty of the region, featuring ports across the Baltic and Scandinavia, British Isles and Ireland, Greenland, Iceland and the Northern Fjords.
The lineup of itineraries reflects Oceania Cruises' commitment to destination-rich voyages, thoughtfully planned around Northern Europe's long summer days, seasonal traditions and ports best explored by sea. Its boutique ships call on destinations not always accessible to larger vessels, such as Rosendal, Norway; Stornoway, Scotland; Seydisfjordur, Iceland; and Karlskrona, Sweden, alongside iconic cities including Copenhagen, Reykjavik and Stockholm.
Across all these itineraries, guests can choose from a range of shore excursions designed to bring the region's smaller ports to life through local cuisine, culture, history and outdoor exploration. In Eidfjord, Norway, travelers can experience the Hardanger region's apple-growing traditions with a cider tasting amid the area's scenic landscapes. When in Visby, Sweden, guests can join one of Oceania Cruises' signature Culinary Discovery Tours™, exploring Swedish farm-to-table traditions, visiting various local farms in the region, followed by a seasonal lunch highlighting the island's sustainable ingredients. In Seydisfjordur, guests can travel by 4x4 through eastern Iceland's remote countryside to Brekka, the country's smallest town, set along a narrow fjord surrounded by waterfalls, seabirds and striking mountain scenery.
"Our Northern Europe voyages offer travelers an extraordinary way to experience one of the world's most sought-after regions during the best time of year to visit," said Jason Montague, Chief Luxury Officer of Oceania Cruises. "From the fjords of Norway to the cultural capitals of Scandinavia and the remote coastlines of Iceland and Greenland, these itineraries are designed for guests who want to see more of the region in a seamless and refined way. Traveling aboard our intimate ships offers unparalleled convenience, allowing guests to reach destinations that can be more challenging to explore independently – while only unpacking once."
Oceania Cruises' 2027 Northern Europe itineraries are part of the line's expansive array of global voyages, which feature more than 600 ports and over 250 unique itineraries each year. On board its elegantly appointed ships, guests can experience the hallmarks of Oceania Cruises, including attentive, personalized hospitality, a relaxed yet refined adults-only environment and The Finest Cuisine at Sea®.
Highlighted Northern Europe Voyages:
Baltic Beauty: 11-day voyage from Stockholm to Copenhagen, departing June 10, 2027, aboard Oceania Insignia. Guests will explore the Baltic's historic port cities and design-forward capitals, with calls in Helsinki, Tallinn, Riga, Gdansk, Karlskrona, Szczecin, Berlin (Warnemünde), Kalundborg and Kiel. The itinerary offers a mix of medieval old towns, coastal culture and extended time in select ports, including Berlin (Warnemünde) and Kalundborg. Castles of Ice & Stone: 14-day voyage from London to Copenhagen, departing June 22, 2027, aboard Oceania Marina. Explore the British Isles and Northern Europe, with calls in Glasgow, Londonderry, Stornoway, Scrabster, Aberdeen, Edinburgh, Bergen, Stavanger, Kristiansand, Lysekil and Gothenburg. The voyage combines historic cities, rugged coastlines, Scottish island communities and Norway's coastal scenery before concluding in Denmark. Landscapes of a Lifetime: 10-day voyage roundtrip from Reykjavik, departing July 4, 2027, aboard Oceania Insignia. This Iceland-focused itinerary traces the country's dramatic coastline, with calls in Heimaey, Djupivogur, Seydisfjordur, Siglufjordur, Akureyri, Isafjordur and Grundarfjordur, plus Tórshavn in the Faroe Islands. The sailing showcases volcanic landscapes, dramatic fjords, fishing villages and the stark natural beauty of the North Atlantic. Charms of Northern Europe: 11-day voyage from Paris to Copenhagen, departing July 16, 2027, aboard Oceania Vista. Visit a mix of iconic cultural capitals and coastal ports, with calls in London (Dover), Bruges, Amsterdam, Kristiansand, Oslo, Aarhus, Kiel and Helsingborg before concluding with an overnight stay in Copenhagen. The itinerary offers a broad look at the region, from historic cities and maritime culture to Scandinavian design, coastal scenery and Northern Europe's summer atmosphere. Fjords to Icelandic Vistas: 14-day voyage from Stockholm to Reykjavik, departing August 7, 2027, aboard Oceania Vista. This sweeping Northern Europe itinerary connects Baltic cities, Scandinavian coastlines and Icelandic landscapes, with calls in Visby, Rønne, Copenhagen, Gothenburg, Haugesund, Flåm, Bergen, Ålesund, Djupivogur, Husavik and Isafjordur. The sailing features a mix of historic towns, fjord scenery, coastal culture and North Atlantic beauty. Fabulous Fjords: 11-day voyage roundtrip from Reykjavik, departing August 8, 2027, aboard Oceania Marina. Exploring Iceland and Greenland, this voyage calls on Heimaey, Grundarfjordur and Isafjordur before scenic cruising through Prince Christian Sound, an overnight stay in Nuuk and a call to Narsaq. The itinerary highlights remote fjords, rugged coastlines and dramatic natural scenery. Rugged to Rustic: 12-day voyage from Reykjavik to London, departing August 19, 2027, aboard Oceania Marina. Tracing a route from Iceland to the United Kingdom, this sailing calls on Isafjordur, Akureyri, Djupivogur, Tórshavn, Lerwick, Måløy, Vik, Bergen, Haugesund and Stavanger before concluding in London (Southampton). The itinerary brings together Iceland's remote coastal towns, the Faroe and Shetland Islands, Norway's fjord country and historic maritime cities along the North Atlantic. For more information on Oceania Cruises' collection of small, luxurious ships and curated global itineraries, visit OceaniaCruises.com or call 855-OCEANIA.
About Oceania Cruises®
Oceania Cruises® is the world's leading culinary- and destination-focused luxury cruise line. The line's intimate, luxurious ships feature The Finest Cuisine at Sea® and destination-rich itineraries that span the globe. Expertly curated travel experiences are available aboard the designer-inspired ships, which call on more than 600 marquee and boutique ports in more than 100 countries on seven continents, on voyages that range from seven to more than 200 days. Oceania Cruises® has five Sonata Class ships on order scheduled for delivery in 2027, 2029, 2032, 2035 and 2037. Oceania Cruises® is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH).
Two Series of Sailings Combining Global Destination Exploration, Residential Luxury and The Finest Cuisine at Sea® for the Festive Seasons
, /PRNewswire/ -- Celebrate the holiday season at sea with Oceania Cruises® aboard its luxurious ships across Europe, Asia, Australia and the Americas during the 2026-27 and 2027-28 seasons.
Oceania Cruises Holiday Voyages With voyages ranging from one week to nearly 40 days, the line's intimate ships offer the ultimate way to relax and unwind while celebrating the season. Guests will enjoy live holiday music and performances, specialty festive cuisine, Champagne toasts to celebrate Christmas and welcome the New Year, and nightly menorah lightings throughout Hanukkah in the inviting ambiance of Oceania Cruises' elegant seasonal decor.
The choice of holiday voyages spans nearly the entire fleet, from the intimate Oceania Insignia™ to the newly launched Oceania Allura™ during the 2026–27 season. The following year introduces holiday sailings aboard Oceania Sonata™ and Oceania Aurelia™, both set to debut in 2027.
Itineraries include some of the world's most compelling destinations – from sun-drenched Caribbean islands and the biodiverse coastlines of Peru and Chile to cultural capitals including Bangkok and Rome, and the dramatic natural landscapes of destinations like Vietnam and New Zealand. Each voyage reflects the blend of cultural exploration and gourmet excellence that defines Oceania Cruises, the world's leading culinary- and destination-focused luxury cruise line.
Select itineraries include overnight stays in ports such as Barcelona, Bali and Singapore for more in-depth exploration, as well as scenic cruising experiences through the Panama Canal or New Zealand's Milford Sound.
"Our holiday voyages are designed to combine the traditions of the festive season with the excitement of global exploration," said Jason Montague, Chief Luxury Officer of Oceania Cruises. "Whether guests are toasting the New Year in a vibrant city or spending Christmas Day in a remote tropical paradise, these sailings offer a rare opportunity to celebrate in extraordinary surroundings, all while enjoying the exceptional cuisine, service and warm elegance that define Oceania Cruises."
Oceania Cruises offers travelers a distinctive way to mark the holiday season, through imaginative itineraries and onboard enrichment programs, designed to deepen guests' connections to the destinations visited.
On many sailings, guests can dive deeper into local cultures through hands-on cooking classes inspired by regional cuisines at The Culinary Center, or venture ashore on a chef-led Culinary Discovery Tour for insider access to local food scenes. Alternatively, travelers may choose to explore ancient archaeological sites or natural wonders on small group tours or wander local markets in search of meaningful mementoes while sampling new favorite dishes and drinks.
Highlighted 2026–27 Holiday Voyages
The 2026-27 series features a wide range of itineraries, from warm-weather Caribbean sailings to destination-rich journeys through Asia and South America:
Australasian Allure: Sydney to Perth: 23 days aboard Oceania Riviera™, departing Dec. 15, 2026
An expansive voyage through Australia and Indonesia, including an overnight stay in Darwin over Christmas Eve and another in Bali. Caribbean to Cape Horn: Miami to Buenos Aires: 36 days aboard Oceania Insignia, departing Dec. 19, 2026
A sweeping South America journey featuring a Panama Canal transit, multiple days in Peru with access to Machu Picchu and scenic cruising through the Chilean fjords. Legends of Jade: Hong Kong to Singapore: 15 days aboard Oceania Nautica™, departing Dec. 21, 2026
A Southeast Asia itinerary with overnights in Hue and Singapore and calls across Vietnam, the Philippines, Malaysia and Brunei. Iberia & Italian Treasures: Lisbon to Rome: 14 days aboard Oceania Sirena™, departing Dec. 21, 2026
A Mediterranean journey with an overnight stay in Barcelona over New Year's Eve, alongside calls in Spain, Portugal and the French Riviera, concluding with an overnight stay in Rome. Tropical Serenade: Miami to Miami: 17 days aboard Oceania Allura, departing Dec. 21, 2026
A Caribbean voyage featuring a mix of both Eastern and Western Caribbean destinations, including the islands of St. Barts, St. Kitts and St. Maarten. Highlighted 2027-28 Holiday Voyages
Guests can celebrate the 2027-28 holiday season aboard Oceania Sonata and Oceania Aurelia, both set to debut in 2027.
Holiday Harbors & Hollywood: Miami to Los Angeles: 29 days aboard Oceania Sonata, departing Dec. 6, 2027
A transcontinental journey featuring a Panama Canal transit, Christmas at sea and New Year's Eve along Mexico's Pacific coast. Heavenly Holidays: Athens to Rome: 26 days aboard Oceania Allura, departing Dec. 8, 2027
A Mediterranean exploration spanning Greece, Turkey, Spain and North Africa, including Christmas in Morocco. European Holiday: Athens to Barcelona: 10 days aboard Oceania Aurelia, departing Dec. 18, 2027
A festive Mediterranean sailing through Greece, Malta, Italy, France and Spain, including Christmas at sea and calls in Florence, Rome and Barcelona. Holiday Horizons: Miami to Miami: 17 days aboard Oceania Marina™, departing Dec. 20, 2027
A Caribbean sailing with a blend of Western and Eastern islands, including St. Barts, Puerto Rico and the Dominican Republic. A Holiday to Remember: Barcelona to Rome: 14 days aboard Oceania Allura, departing Dec. 20, 2027
A Mediterranean itinerary with calls in Spain, Morocco, Tunisia and Italy, offering a culturally rich festive season. Fairytale Holiday: Hong Kong to Singapore: 14 days aboard Oceania Riviera, departing Dec. 21, 2027
A festive journey through Southeast Asia, with an overnight in Ho Chi Minh City and another in Bangkok on New Year's Eve. A Kiwi Holiday: Sydney to Auckland: 12 days aboard Oceania Vista®, departing Dec. 23, 2027
A scenic voyage through Australia and New Zealand, including cruising Milford Sound and celebrating New Year's Eve in Wellington. Iberian New Year: Barcelona to Lisbon: 7 days aboard Oceania Aurelia, departing Dec. 28, 2027
A New Year's sailing along the Iberian Peninsula featuring a New Year's Eveovernight stay in Málaga and another overnight in Seville. Iberia to New World Passage: Barcelona to Miami: 21 days aboard Oceania Aurelia, departing Dec. 28, 2027
Enjoy New Year's celebrations in Málaga, calls in the Canary Islands and a relaxing transatlantic crossing. For more information on Oceania Cruises' collection of small, luxurious ships and curated global itineraries, visit OceaniaCruises.com or call 855-OCEANIA.
About Oceania Cruises®
Oceania Cruises® is the world's leading culinary- and destination-focused luxury cruise line. The line's intimate, luxurious ships feature The Finest Cuisine at Sea® and destination-rich itineraries that span the globe. Expertly curated travel experiences are available aboard the designer-inspired ships, which call on more than 600 marquee and boutique ports in more than 100 countries on seven continents, on voyages that range from seven to more than 200 days. Oceania Cruises® has five Sonata Class ships on order scheduled for delivery in 2027, 2029, 2032, 2035 and 2037. Oceania Cruises® is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH).
NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Norwegian Cruise Line Holdings Ltd. (“Norwegian” or the “Company”) (NYSE: NCLH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
LOS ANGELES, May 13, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Norwegian Cruise Line Holdings Ltd. ("Norwegian" or "the Company") (NYSE: NCLH) for violations of the securities laws.
Norwegian Cruise Line (NCLH - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this cruise operator have returned -24% over the past month versus the Zacks S&P 500 composite's +8.6% change. The Zacks Leisure and Recreation Services industry, to which Norwegian Cruise Line belongs, has lost 2.9% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Norwegian Cruise Line is expected to post earnings of $0.42 per share, indicating a change of -17.7% from the year-ago quarter. The Zacks Consensus Estimate has changed -31.2% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.78 points to a change of -15.6% from the prior year. Over the last 30 days, this estimate has changed -25.4%.
For the next fiscal year, the consensus earnings estimate of $2.07 indicates a change of +16.2% from what Norwegian Cruise Line is expected to report a year ago. Over the past month, the estimate has changed -19.1%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Norwegian Cruise Line is rated Zacks Rank #5 (Strong Sell).
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Norwegian Cruise Line, the consensus sales estimate for the current quarter of $2.64 billion indicates a year-over-year change of +4.9%. For the current and next fiscal years, $10.24 billion and $10.96 billion estimates indicate +4.2% and +7% changes, respectively.
Last Reported Results and Surprise HistoryNorwegian Cruise Line reported revenues of $2.33 billion in the last reported quarter, representing a year-over-year change of +9.6%. EPS of $0.23 for the same period compares with $0.07 a year ago.
Compared to the Zacks Consensus Estimate of $2.34 billion, the reported revenues represent a surprise of -0.5%. The EPS surprise was +53.33%.
Over the last four quarters, Norwegian Cruise Line surpassed consensus EPS estimates two times. The company topped consensus revenue estimates times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Norwegian Cruise Line is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Norwegian Cruise Line. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Norwegian Cruise Line Holdings Ltd. ("Norwegian" or the "Company") (NYSE: NCLH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Norwegian and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On May 4, 2026, Norwegian issued a press release reporting its first quarter 2026 financial results and lowering its full year adjusted EPS guidance.
On this news, Norwegian's stock price fell $6.79 per share, or 29.32%, to close at $16.37 per share on May 4, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Boston, Massachusetts--(Newsfile Corp. - May 18, 2026) - Block & Leviton is investigating Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) for potential securities law violations.
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Norwegian Cruise Line Holdings Ltd. (“Norwegian” or the “Company”) (NYSE: NCLH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Norwegian and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On May 4, 2026, Norwegian issued a press release reporting its first quarter 2026 financial results and lowering its full year adjusted EPS guidance.
On this news, Norwegian’s stock price fell $6.79 per share, or 29.32%, to close at $16.37 per share on May 4, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
NEW YORK, May 21, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Norwegian Cruise Line Holdings Ltd. ("Norwegian" or the "Company") (NYSE: NCLH).
Hilltop houses and Greek Orthodox church dwarfed by cruise ship anchored offshore, Gialos (aka Yialos), Symi (aka Simi), Rhodes, Dodecanese Islands, South Aegean, Greece, Europe.
getty
With the busy summer travel season upon us, the average price of gas in the U.S. is approaching $4.50 per gallon, a four-year high. Travel costs in general — including flights, lodging, food, car rentals and more — have increased 9% year over year, according to NerdWallet’s proprietary index based on Bureau of Labor Statistics data.
Travel costs have surged 9% year-over-year
U.S. Global Investors
Despite these higher costs, a projected 45 million Americans were expected to travel at least 50 miles from home this Memorial Day weekend, setting a new record. Close to 40 million drove, while some 3.7 million flew.
Bank of America’s summer survey found that 77% of Americans are planning to travel this summer, up from 74% last year and 72% in 2024.
Meanwhile, data from Airlines Reporting Corp., which settles airline ticket transactions, shows that April travel agency ticket sales topped $10 billion, a 15% increase from the same month last year. Total passenger trips settled through ARC hit 26.4 million.
MORE FOR YOU
Total amount of air travel transactions settled through ARC
U.S. Global Investors
Those are more than domestic numbers. The International Air Transport Association reported that Asia-Pacific carriers posted an 11.5% jump in demand in March, while European carriers grew 7.7% and Latin Americans airlines surged 12.1%. Traffic between Europe and Asia alone skyrocketed more than 29% as travelers rerouted around the conflict in Iran.
The TSA, meanwhile, is gearing up to screen 18.3 million passengers in the week ahead. And that’s before the FIFA World Cup kicks off on June 11, an event expected to draw some 6 million visitors.
Cruise Lines Are Filling Up FastI want to mention the cruise industry because the momentum there is extraordinary. According to the Cruise Lines International Association, global cruise passengers hit a historic 37.2 million last year, and the projection for this year is 38.3 million, which would be an increase of 4%. Nearly 90% of cruisers say they plan to sail again.
Viking is a good case study. The Switzerland-based company reported first-quarter revenue of $1.05 billion, up 17.5% from the same period last year. Its 2026 sailings are 92% booked. Effectively, it’s sold out. And 2027 is already 31% ahead of last year in advanced bookings.
We’ve been very pleased with Viking’s performance this year. Amid weakness in the broader leisure travel industry due to higher fuel costs, shares of Viking have gained approximately 18% as of May 21.
Shares of Viking have gained this year
U.S. Global Investors
What I find remarkable is that demand persists despite the hantavirus and Ebola headlines that would have torpedoed bookings just a few years ago. Outbreaks on cruise ships are making news, but I don’t believe they’re likely to slow the industry’s growth. Indeed, the Bank of America survey I noted earlier found that over a third of Americans plan to take a cruise in the next 12 months, with Gen Z leading at close to 60%.
Why Travel Still Feels Worth ItI’ve always believed that travel is one of the best investments you can make — and not just financially, but in your own health and well-being.
That’s why I want to share with you the results from a recent study, which found that each additional vacation a person takes reduces their risk for metabolic syndrome — high blood pressure, blood sugar and cholesterol levels — by nearly a quarter. Participants who vacationed more frequently had a lower risk of contracting heart disease and diabetes.
When you combine this science with data showing that younger Americans are prioritizing travel, you get a demand profile that looks far more resilient than traditional consumer spending. On average, Americans expect to spend more than $2,800 on travel this summer.
Headwinds Are Real, But Airlines Keep Adding SeatsI’m not dismissing the challenges. Fuel prices are sky-high right now, and consumer behavior is already shifting: The share of Americans planning a road trip of two or more hours dropped from nearly 70% to 56%.
Hotel rates are climbing too. HotelHub data shows the global average rate per night rose over 7% to $189, with U.S. rates hitting $226. Bookings to the U.S. from abroad dropped nearly 12%.
Sadly, the hotel industry’s own outlook on the FIFA World Cup is cautious, with roughly 80% of respondents in one survey saying bookings are tracking below expectations, partly due to visa barriers and geopolitical concerns.
The good news is consumers don’t appear to be canceling plans. While the consumer price index for airline fares actually fell 3.5% from 2019 to 2025 in real terms, low-cost carriers like Breeze, Frontier and JetBlue are aggressively adding capacity in markets vacated by Spirit Airlines, keeping competitive pressure on pricing even as demand grows.
Unlike other travel expenses, airfares have declined
U.S. Global Investors
Why The Investment Case Is Hard To IgnoreRight now, airlines, cruise operators and travel-adjacent companies are operating in an environment where consumers are telling us, through their wallets, that they will pay more, adapt their plans and blend their work with their vacations before they’ll give up the trip entirely.
Both the tailwinds (infrastructure investment, America 250 celebrations, FIFA) and the headwinds (visa restrictions, energy costs, geopolitics) are shaping a travel landscape that rewards companies with scale and pricing discipline.
Americans — and, increasingly, travelers worldwide — are voting with their feet. Smart investors should pay attention.
Despite robust consumer demand, Norwegian Cruise Line trades at distressed valuations due to war fears and its recent operational missteps. NCLH's elevated debt and recent leadership turmoil have exacerbated underperformance, but execution issues are viewed as fixable with new management and activist involvement. Cash flow is expected to improve materially as Capex moderates post-2027, enabling rapid debt reduction along with a potential EBITDA of $3.5–4.5 billion by 2028–2030.
Is the captain of Norwegian Cruise Line (NCLH +2.07%) signaling smooth sailing for the cruising industry's worst performer? CEO John Chidsey recently bought 153,000 shares of the weather-worn cruise line operator, investing roughly $2.5 million in his own company on Friday of last week.
As seasoned investors know, there are plenty of acceptable reasons for an insider to lighten a position. Executives might need to raise money. It could also be just part of the portfolio diversification process. However, there is usually only one reason for insider buying.
Is Chidsey signaling that Norwegian Cruise Line -- or NCL, for short -- has bottomed out? Let's take a closer look at the market's ugliest major cruise line operator.
Image source: Getty Images.
Taking on water NCL stock has had a challenging month and year. With the general market clawing higher in May, at least 14 analysts have slashed their price targets on the country's third-largest publicly traded cruise line operator. There was also one outright downgrade.
The markdowns are fair. NCL issued a disappointing financial update on May 4. The first quarter itself was mixed but solid. Adjusted earnings more than doubled, giving the cruise line operator its biggest bottom-line beat in more than a year. Revenue rose 10%, just shy of what analysts were targeting, but still a reasonable offset to the bottom-line win.
The problem was guidance. With rising fuel costs jacking up operating costs and the war in Iran eating away at future bookings, NCL hosed down its full-year earnings guidance. Even with the monster beat, it now expects to earn between $1.45 and $1.70 per share on an adjusted basis for all of 2026. Earlier this year, it was modeling adjusted net income of $2.38 a share.
NCL stock is down 6% in May and trading 23% lower year to date. The stock's 1% decline over the past year may not seem so bad until you consider that larger rivals Carnival (CCL +3.77%) and Royal Caribbean (RCL +2.23%) have delivered double-digit gains over the same period. River cruise leader Viking Holdings (VIK 1.00%) has now officially doubled.
The industry is cruising. NCL has been moving in the opposite direction.
Coming up for air The silver lining for the bronze medalist among the three mainstream ocean liners is that NCL trades at the lowest forward earnings multiple. Even with the substantial reduction to its adjusted earnings outlook, NCL is trading for 11 times the midpoint of this year's refreshed guidance and just 8 times next year's Wall Street profit target.
Looking out to 2027, Carnival stock is trading for 10 times projected earnings. Royal Caribbean's year-ahead multiple is 13. These are discounts to the overall market, but not NCL's single-digit multiple. Viking hit an all-time high after posting blowout results a week after NCL's disappointing update and understandably trades at a premium multiple to its peers, given its differentiated product and wealthy clientele that is better suited to absorb any pricing increases.
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This brings us back to Chidsey. NCL's CEO is making a statement with last week's substantial purchase. The industry headwinds are clearly there. Fuel costs keep rising, and the geopolitical climate isn't kind to folks planning to hop on an ocean getaway for a few days, if not longer.
Buying NCL just because it's the cheapest cruise line stock isn't the right thesis to hitch your portfolio to these days. As I pointed out earlier this month, NCL was also the cheapest stock a year ago. We know how well that played out. However, the insider buying is interesting.
The near-term forecast is gloomy. When NCL hosed down its full-year outlook, it also cut its net yield forecast. This is a popular industry metric that scores net revenue per available passenger cruise day, with certain variable expenses backed out. It's now negative, another contrast to its better-performing peers.
However, let's see how the stock performs now that there is a key milestone of insider buying. As long as NCL stock isn't trading even lower the next time Chidsey is buying -- if there is a next time -- this could have been a clear signal that NCL is finally too cheap to ignore.
On May 27, 2026, Norwegian Cruise Line Holdings Ltd NCLH shares rose 6.1% today, reaching a current price of $18.15. This move comes amid a 52-week range that has seen a high of $27.18 and a low of $14.53.
GF Value™ verdict: Current price is $18.15, which is 17.4% below the GF Value™ estimate of $21.97.GF Score™ of 79/100 indicates the stock is above average in terms of its overall quality and potential for long-term returns.Most notable signal: Insiders have bought $4.2 million worth of stock in the last 3 months, suggesting confidence in the company's future. Is NCLH Overvalued or Undervalued? According to the GF Value™, Norwegian Cruise Line Holdings Ltd NCLH is currently valued at $21.97, while trading at $18.15. This indicates that the stock is 17.4% undervalued, presenting a potential margin of safety for investors. The GF Valuation label categorizes the stock as "Modestly Undervalued," suggesting that there is an opportunity for growth as the market recognizes the intrinsic value of the company. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
While the undervaluation signals a favorable opportunity, it is important to note that the company's financial strength is rated at 3/10, which may pose some risks. Investors should be cautious and consider the broader market conditions and company performance before making decisions.
How Does NCLH's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)15.2x18.7x (5-Year Median) Forward P/E11.0x- NCLH's current P/E ratio of 15.2x is 19% below its 5-year median P/E of 18.7x, indicating that the stock is trading at a lower valuation compared to its historical average. This analysis aligns with the GF Value™ verdict, reinforcing the notion that the company may be undervalued in the current market environment.
What Does NCLH's GF Score™ Tell Us? MetricRating GF Score™79/100 Financial Strength3/10 Profitability7/10 Growth7/10 Valuation8/10 Momentum7/10 The GF Score™ ranks NCLH at 79/100, indicating that it is above average in terms of its overall quality and potential returns. The strongest area is the Valuation rank at 8/10, suggesting favorable pricing relative to its intrinsic value. However, the Financial Strength score of 3/10 highlights a critical weakness, indicating that there may be concerns regarding the company's financial stability. The Profitability and Growth scores, both rated at 7/10, reflect a balanced approach to generating earnings and expanding operations, which are essential for long-term success.
What Are Insiders Doing with NCLH Stock? Recent insider activity has shown a positive trend for Norwegian Cruise Line Holdings Ltd, with insiders purchasing $4.2 million worth of shares in the last 3 months, and no selling activity reported. This buying pattern suggests that insiders have confidence in the company's future performance and believe that the current stock price is an attractive entry point. Such activity can often be a bullish signal for outside investors, indicating that those closest to the company are optimistic about its prospects.
What This Means for Investors Based on the GF Value™ assessment, Norwegian Cruise Line Holdings Ltd NCLH is currently undervalued. With a current price of $18.15 compared to a GF Value™ estimate of $21.97, there is a significant opportunity for price appreciation, offering investors a margin of safety. However, potential investors should remain aware of the company's financial challenges as indicated by the low Financial Strength score.
For the complete analysis, visit the Norwegian Cruise Line Holdings Ltd NCLH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is NCLH's GF Score™?
NCLH has a GF Score™ of 79/100, indicating it is above average in terms of quality and potential long-term returns.
Is NCLH overvalued or undervalued?
According to GF Value™, NCLH is undervalued, with a current price of $18.15 compared to an estimated fair value of $21.97.
What is NCLH's P/E ratio?
NCLH has a P/E (TTM) ratio of 15.2x, which is 19% below its 5-year median P/E of 18.7x, suggesting it is trading at a lower valuation compared to its historical levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Norwegian Cruise Line (NCLH - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this cruise operator have returned +2.1%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Leisure and Recreation Services industry, which Norwegian Cruise Line falls in, has gained 1.1%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Norwegian Cruise Line is expected to post earnings of $0.39 per share for the current quarter, representing a year-over-year change of -23.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -32.5%.
For the current fiscal year, the consensus earnings estimate of $1.68 points to a change of -20.4% from the prior year. Over the last 30 days, this estimate has changed -26.1%.
For the next fiscal year, the consensus earnings estimate of $1.97 indicates a change of +17.2% from what Norwegian Cruise Line is expected to report a year ago. Over the past month, the estimate has changed -19.3%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #5 (Strong Sell) for Norwegian Cruise Line.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Norwegian Cruise Line, the consensus sales estimate of $2.62 billion for the current quarter points to a year-over-year change of +4.2%. The $10.14 billion and $10.82 billion estimates for the current and next fiscal years indicate changes of +3.2% and +6.7%, respectively.
Last Reported Results and Surprise HistoryNorwegian Cruise Line reported revenues of $2.33 billion in the last reported quarter, representing a year-over-year change of +9.6%. EPS of $0.23 for the same period compares with $0.07 a year ago.
Compared to the Zacks Consensus Estimate of $2.34 billion, the reported revenues represent a surprise of -0.5%. The EPS surprise was +53.33%.
Over the last four quarters, Norwegian Cruise Line surpassed consensus EPS estimates two times. The company topped consensus revenue estimates times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Norwegian Cruise Line is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Norwegian Cruise Line. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.
A month has gone by since the last earnings report for Norwegian Cruise Line (NCLH - Free Report) . Shares have added about 7% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Norwegian Cruise Line due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Norwegian Cruise Line Holdings Ltd. before we dive into how investors and analysts have reacted as of late.
Norwegian Cruise Q1 Earnings Beat Estimates, Revenues MissNorwegian Cruise reported first-quarter 2026 results, with earnings beating the Zacks Consensus Estimate while revenues missed the same. The top and bottom lines improved on a year-over-year basis.
NCLH’s Q1 Earnings & RevenuesNorwegian Cruise reported adjusted earnings per share (EPS) of 23 cents, beating the Zacks Consensus Estimate of 15 cents by 53.3%. In the prior-year quarter, the company reported adjusted EPS of 10 cents.
Quarterly revenues of $2.33 billion missed the consensus mark of $2.34 billion by 0.5%. The metric increased 9.6% year over year.
Passenger ticket revenues were $1.54 billion compared with $1.42 billion reported in the prior-year quarter. Our model anticipated passenger ticket revenues to be $1.60 billion.
Onboard and other revenues increased to $788.9 million from $708.9 million reported in the prior-year quarter. We expected onboard and other revenues to be $722.7 million.
NCLH’s Expenses & Operating ResultsTotal cruise operating expenses in the first quarter increased to $1.38 billion from $1.30 billion reported in the prior-year quarter. Our model anticipated total cruise operating expenses to be $1.38 billion.
During the quarter, gross cruise costs per Capacity Day were approximately $287 compared with $297 reported in the prior-year period. Adjusted net cruise costs (excluding fuel) per Capacity Day amounted to about $169 on an as-reported basis.
Net interest expenses were $166 million, down from $217.9 million reported in the year-ago quarter.
NCLH’s Operating Performance MetricsCapacity Days increased to 6.39 million from 5.70 million reported in the prior-year quarter. Passenger Cruise Days rose to 6.63 million from 5.79 million.
Occupancy reached 103.8%, up from 101.5% reported in the prior-year period, reflecting strong onboard demand and improved fleet utilization.
Gross margin per Capacity Day increased 4% year over year, while Net Yield declined approximately 0.3% on an as-reported basis.
NCLH’s Balance SheetAs of March 31, 2026, the company had cash and cash equivalents of $185 million, down from $209.9 million at the end of 2025. Total debt was $15.2 billion.
Net debt stood at approximately $15 billion, with net leverage at 5.3x. Liquidity was $1.6 billion, including availability under its revolving credit facility.
Booking Update of NCLHThe company continues to operate below its optimal booking range, impacted by execution gaps and softer demand trends. Heightened geopolitical uncertainty, particularly related to Middle East tensions, has affected travel demand, especially in Europe.
While near-term bookings remain pressured, the company is implementing targeted actions to better align its commercial strategy with deployment and improve revenue management execution. These initiatives are expected to support gradual improvement over time.
Q2 & 2026 Guidance by NCLHFor second-quarter 2026, NCLH anticipates occupancy to be approximately 102.5% and Capacity Days to be about 6.6 million. Adjusted EBITDA is expected to be approximately $632 million, while adjusted EPS is projected at 38 cents.
For 2026, the company expects Capacity Days of approximately 26.25 million. Adjusted EBITDA is anticipated in the range of $2.48 billion to $2.64 billion, lower than the prior expectation of nearly $2.95 billion.
Adjusted EPS for 2026 is projected between $1.45 and $1.79, down from the earlier expectation of $2.38, indicating ongoing macroeconomic headwinds, including higher fuel costs and softer booking trends.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates review.
The consensus estimate has shifted -32.48% due to these changes.
VGM ScoresAt this time, Norwegian Cruise Line has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock has a score of A on the value side, putting it in the top 20% for value investors.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Norwegian Cruise Line has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry PlayerNorwegian Cruise Line belongs to the Zacks Leisure and Recreation Services industry. Another stock from the same industry, Royal Caribbean (RCL - Free Report) , has gained 10.2% over the past month. More than a month has passed since the company reported results for the quarter ended March 2026.
Royal Caribbean reported revenues of $4.45 billion in the last reported quarter, representing a year-over-year change of +11.3%. EPS of $3.60 for the same period compares with $2.71 a year ago.
Royal Caribbean is expected to post earnings of $3.91 per share for the current quarter, representing a year-over-year change of -10.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.2%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #5 (Strong Sell) for Royal Caribbean. Also, the stock has a VGM Score of C.
J.P.Morgan analyst Matthew R. Boss hosted Norwegian Cruise Line (NYSE:NCLH) CFO Mark Kempa and Head of Investor Relations Sarah Inmon in London.
Key TakeawaysThe analyst says that management described the revised fiscal year 2026 net yield guidance of -3% to -5% constant currency (CC), updated from the prior flat CC outlook, as a deliberately conservative stance aimed at rebuilding forecast credibility under new leadership.
This provides additional flexibility amid macro uncertainty, including Middle East-related impacts on European demand, adds the analyst.
Notably, the leadership changes have been significant, with CEO Chidsey and roughly 90% of the Norwegian brand leadership team appointed within the last 8–10 months.
Management also highlighted that third and fourth quarter outcomes are increasingly influenceable through early initiatives, particularly marketing efficiency, strong visibility from already-booked demand, and solid onboard spending trends in line with expectations.
The analyst writes that management emphasized marketing as a key driver of the turnaround. The company sees potential long-term revenue upside of $1.0 billion–$1.5 billion through improved brand positioning and customer targeting.
2027: Somewhat of A Transition YearManagement highlighted that the 2027 booking curve is currently tracking below historical levels (as of the 5/4 call), reflecting a phase of stabilization in the industry.
This environment allows the use of "base" pricing in forward curves, with scope to re-rate pricing higher as demand strengthens, supported by early "green shoots" into 2027.
Also, the company says that FY27 is expected to be a transition year, with a second-half weighted recovery, as commercial initiatives take time to flow through fully.
Management noted that 60%–65% of forward bookings are typically already locked in at any point, limiting near-term flexibility but creating a clearer setup for 2H27 strength and beyond.
CFO Kempa also framed 2028 as the first fully "clean" year fully attributable "to this management team."
Cost Saving OpportunityManagement highlighted an incremental $300 million–$500 million cost savings opportunity over the next 12–24 months, implying a full FY28 annualized run-rate, with 90%–95% flow-through to the bottom line.
This includes the already identified $125 million in annualized savings, plus roughly $275 million of additional upside by FY28. Importantly, this is over and above the prior $300 million ship-side, three-year cost program completed earlier.
These savings are expected to significantly expand margins, with every $80 million–$90 million translating into ~100 bps of EBITDA margin improvement.
Overall, this supports a path to 39%+ EBITDA margins by FY28 (vs. ~34% in FY26) and a potential mid-40% long-term EBITDA margin profile, says the management.
Analyst's Estimates & RatingThe analyst maintained FY26 adjusted EBITDA at $2.617 billion (vs. Street $2.559 billion) and raised FY27 adjusted EBITDA to $2.825 billion (vs. Street $2.803 billion), based on +0.4% constant-currency net yield growth.
Also, Boss remained Neutral and raised the December 2026 price forecast to $20 (from $14).
NCLH Price Action: Norwegian Cruise Line shares were up 0.41% at $18.20 at the time of publication on Wednesday, according to Benzinga Pro data.
Photo via Shutterstock
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MIAMI, June 08, 2026 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today released its 2025 Sail & Sustain® Report, highlighting progress across the Company’s global sustainability strategy and its five foundational pillars: Caring for Nature, Sailing Safely, Empowering People, Strengthening Our Communities, and Operating with Integrity & Accountability. Throughout 2025, the Company continued advancing initiatives across its operations, workforce, supply chain, and destinations through a focus on collaboration, innovation, and continuous improvement.
“Our Sail & Sustain program is designed to support resilience, discipline and long-term value creation,” said John W. Chidsey, chief executive officer of Norwegian Cruise Line Holdings Ltd. “The progress outlined in this year’s report reflects the dedication of our team members and partners around the world as we continue to strengthen our business, support our communities, and advance our sustainability journey.”
Key highlights from the 2025 Sail & Sustain report include:
Caring for Nature: Continued advancing collective action and environmental stewardship through investments in operational efficiency, advancements in shore power connectivity, alternative fuel readiness, including biofuel offtakes and progress towards methanol and liquefied natural gas capabilities for select newbuilds, and expanded biodiversity initiatives such as eDNA monitoring and marine conservation partnerships.Sailing Safely: Maintained a strong focus on the health, safety and security of guests and crew through robust public health programs, compliance measures, rigorous training and oversight across the fleet.Empowering People: Invested in the growth and well-being of team members through leadership development, training, mentorship and wellness programs, while continuing to foster an engaged workforce representing more than 120 nationalities around the world.Strengthening our Communities: Increased investment in local partnerships, workforce development, and community programs, supporting economic opportunity and cultural connection in key destinations.Operating with Integrity and Accountability: Strengthened supplier engagement through enhanced due diligence, traceability, and integration of sustainability considerations into procurement processes.
The full 2025 Sail & Sustain report is available at www.nclhltd.com/sustainability.
About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With a combined fleet of 35 ships and ~75,000 Berths, NCLH offers itineraries to approximately 700 destinations worldwide. NCLH expects to add 16 additional ships across its three brands through 2037, which will add ~43,000 Berths to its fleet. To learn more, visit www.nclhltd.com.
Cautionary Statement Concerning Forward-Looking Statements
Some of the statements, estimates or projections contained in this release are “forward-looking statements” within the meaning of the U.S. federal securities laws intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained, or incorporated by reference, in this release, including, without limitation, statements related to Board composition and our value creation initiatives, our expectations regarding our results of operations, future financial position, including our future capital expenditures, plans, prospects, actions taken or strategies being considered with respect to our liquidity position, expected fleet additions and deliveries, including expected timing thereof, our expectations regarding the impact of macroeconomic conditions and recent global events, and expectations relating to our sustainability program, decarbonization efforts, and alternative fuel sources and related regulation may be forward-looking statements. Many, but not all, of these statements can be found by looking for words like “expect,” “anticipate,” “goal,” “project,” “plan,” “believe,” “seek,” “will,” “may,” “forecast,” “estimate,” “intend,” “future” and similar words. Forward-looking statements do not guarantee future performance and may involve risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic factors, such as fluctuating or increasing levels of interest rates, inflation, unemployment, underemployment, tariff increases and trade wars, the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; our indebtedness and restrictions in the agreements governing our indebtedness that require us to maintain minimum levels of liquidity and be in compliance with maintenance covenants and otherwise limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; our ability to work with lenders and others or otherwise pursue options to defer, renegotiate, refinance or restructure our existing debt profile, near-term debt amortization, newbuild-related payments and other obligations and to work with credit card processors to satisfy current or potential future demands for collateral on cash advanced from customers relating to future cruises; our need for additional financing or financing to optimize our balance sheet, which may not be available on favorable terms, or at all, and our outstanding exchangeable notes and any future financing which may be dilutive to existing shareholders; shareholder activism and/or proxy contests; the unavailability of ports of call and the impacts of port and destination fees and expenses; future increases in the price of, or major changes, disruptions or reductions in, commercial airline services; changes involving the tax and environmental regulatory regimes in which we operate, including new and existing regulations aimed at reducing greenhouse gas emissions; the accuracy of any appraisals of our assets; our success in controlling operating expenses and capital expenditures; adverse events impacting the security of travel, or customer perceptions of the security of travel, such as terrorist acts, geopolitical conflict, armed conflict or threats thereof, acts of piracy, and other international events; public health crises, and their effect on the ability or desire of people to travel (including on cruises); adverse incidents involving cruise ships; our ability to maintain and strengthen our brand; breaches in data security or other disturbances to our information technology systems and other networks or our actual or perceived failure to comply with requirements regarding data privacy and protection; changes in fuel prices and the type of fuel we are permitted to use and/or other cruise operating costs; mechanical malfunctions and repairs, delays in our shipbuilding program, maintenance and refurbishments and the consolidation of qualified shipyard facilities; the risks and increased costs associated with operating internationally; our inability to recruit or retain qualified personnel or the loss of key personnel or employee relations issues; impacts related to climate change and our ability to achieve our climate-related or other sustainability goals; our inability to obtain adequate insurance coverage; implementing precautions in coordination with regulators and global public health authorities to protect the health, safety and security of guests, crew and the communities we visit and to comply with related regulatory restrictions; pending or threatened litigation, investigations and enforcement actions; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; our reliance on third parties to provide hotel management services for certain ships and certain other services; fluctuations in foreign currency exchange rates; our expansion into new markets and investments in new markets, businesses and land-based destination projects; overcapacity in key markets or globally; and other factors set forth under “Risk Factors” in our most recently filed Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission. The above examples are not exhaustive and new risks emerge from time to time. There may be additional risks that we currently consider immaterial or which are unknown. Such forward-looking statements are based on our current beliefs, assumptions, expectations, estimates and projections regarding our present and future business strategies and the environment in which we expect to operate in the future. You are cautioned not to place undue reliance on the forward-looking statements included in this release, which speak only as of the date made. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations with regard thereto or any change of events, conditions or circumstances on which any such statement was based, except as required by law.
Norwegian Cruise Line (NCLH - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this cruise operator have returned +11.6% over the past month versus the Zacks S&P 500 composite's -1.6% change. The Zacks Leisure and Recreation Services industry, to which Norwegian Cruise Line belongs, has lost 1.9% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Norwegian Cruise Line is expected to post earnings of $0.39 per share, indicating a change of -23.5% from the year-ago quarter. The Zacks Consensus Estimate has changed -11.7% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.68 points to a change of -20.4% from the prior year. Over the last 30 days, this estimate has changed -6.8%.
For the next fiscal year, the consensus earnings estimate of $1.98 indicates a change of +18% from what Norwegian Cruise Line is expected to report a year ago. Over the past month, the estimate has changed -4.3%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #5 (Strong Sell) for Norwegian Cruise Line.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Norwegian Cruise Line, the consensus sales estimate of $2.62 billion for the current quarter points to a year-over-year change of +4.2%. The $10.14 billion and $10.82 billion estimates for the current and next fiscal years indicate changes of +3.2% and +6.7%, respectively.
Last Reported Results and Surprise HistoryNorwegian Cruise Line reported revenues of $2.33 billion in the last reported quarter, representing a year-over-year change of +9.6%. EPS of $0.23 for the same period compares with $0.07 a year ago.
Compared to the Zacks Consensus Estimate of $2.34 billion, the reported revenues represent a surprise of -0.5%. The EPS surprise was +53.33%.
Over the last four quarters, Norwegian Cruise Line surpassed consensus EPS estimates two times. The company topped consensus revenue estimates times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Norwegian Cruise Line is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Norwegian Cruise Line. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.
Norwegian Cruise Line (NCLH - Free Report) closed the most recent trading day at $19.43, moving +1.94% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.5% for the day. Meanwhile, the Dow experienced a rise of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.31%.
Shares of the cruise operator witnessed a gain of 19.65% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 1.82%, and the S&P 500's loss of 0.23%.
Market participants will be closely following the financial results of Norwegian Cruise Line in its upcoming release. The company is forecasted to report an EPS of $0.39, showcasing a 23.53% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $2.62 billion, indicating a 4.23% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.68 per share and a revenue of $10.14 billion, signifying shifts of -20.38% and +3.17%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Norwegian Cruise Line. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 6.81% downward. Norwegian Cruise Line is currently sporting a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Norwegian Cruise Line is currently trading at a Forward P/E ratio of 11.35. This expresses a discount compared to the average Forward P/E of 15.94 of its industry.
Meanwhile, NCLH's PEG ratio is currently 1.07. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Leisure and Recreation Services was holding an average PEG ratio of 1.35 at yesterday's closing price.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 184, placing it within the bottom 25% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
