AllAnalyst Report
logoArgusNovember 25, 2020

Norwegian Cruise Line Holdings Ltd.: Maintaining HOLD on continued cruise cancellations

Symbols
NCLH
Sector(s)
Consumer Cyclical
Rating
Premium
Current Price
$24.99
Price Target
$NaN
Earnings Estimate
Premium
Summary

Founded in 1966 and based in Miami, Norwegian Cruise Line Holdings offers cruises to approximately 450 destinations worldwide. NCLH sells its cruises through independent travel agents, wholesalers, and tour operators. The company went public on January 17, 2013, closing at $24.89. In 2014, Norwegian Cruise Lines acquired Prestige Cruise Holdings, the parent company of Oceania Cruises and Regent Seven Seas. As of October 2019, it operated a fleet of 27 ships with approximately 58,400 berths under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas brands.

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Analyst Profile

John D. Staszak, CFA

Securities Analyst: Consumer Discretionary & Consumer Staples
John's specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor's, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.