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Worth Watching Stock: Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)

Bessemer Group Inc. now owns 7,366 shares of the company’s stock worth $407,000 after buying an additional 1,066 shares during the period. Excluding some items, the company said profit was 85 cents per share, beating Wall Street predictions of 83 cents.

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As a result of the weaker North American demand coupled with recent overseas turmoil, including a weaker British pound following the United Kingdom’s vote in June to leave the European Union, the company no longer expects to reach its previously stated target of earnings of $5 per share, on an adjusted basis, for 2017. These analysts have also projected a Low Estimate of $0.8/share and a High Estimate of $0.87/share. Adjusted Net Income was $192.6 million or Adjusted EPS of $0.85 compared to Adjusted Net Income of $171.6 million or Adjusted EPS of $0.75 in the q2 of 2015.Total income was $1.2 billion, up 9.3% from previous year.

From 2017-06-30, a mean EPS of $1.03 is expected by Zack for the fiscal year ended 2017 for Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH).

Grupo Televisa, S.A.B.’s (TV) stock price showed strong performance of 0.54% in last seven days, switched up 1.04% in last thirty days and it fell -21.22% in last one year. They are projecting Next Quarter growth of 31.9%.

Over the last twelve months Norwegian Cruise Line Holdings Ltd’s stock price has decreased by -38.28% from 61.42 to 37.91. Two equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. This represents that if the stock moves $N/A points up on the chart to it will make a 52-week high.

Norwegian Cruise Line Holdings Ltd. had its “buy” rating reiterated by analysts at UBS.

MIAMI (AP) _ Norwegian Cruise Line Holdings Ltd. (NCLH) on Tuesday reported second-quarter net income of $145.2 million, after reporting a loss in the same period a year earlier. Del Rio said that efforts were underway to replace the drop-off in American demand with European sourcing, but said that was coming at lower ticket prices and lower onboard spend. In the past session approximately 2.99 million shares were exchanged against the average daily trading volume of 2.31 million shares. Company is -41.01% away from its 52 week high and is moving 2.43% ahead of its 52 week low.

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The Relative Volume of the company is 5.62 and Average Volume (3 months) is 2.1 million. The company has a market capitalization of $9.75 billion and a PE ratio of 18.97. While it’s Return on Investment (ROI) value is 6.8%. Its weekly performance is 11.74% while year to date (YTD) performance is -29.46%.

Norwegian Cruise Cuts Forecast on Brexit, Europe Demand