Mizuho Securities analyst Benjamin Chaiken has maintained their bullish stance on NCLH stock, giving a Buy rating on February 28.
Benjamin Chaiken has given his Buy rating due to a combination of factors including Norwegian Cruise Line’s strong financial performance and promising future projections. The company reported a fourth-quarter EBITDA that exceeded expectations, largely driven by higher yields, which indicates robust revenue generation capabilities. This performance alleviates market concerns about potential negative trends, suggesting that the company’s financial health is stable.
Looking ahead, Norwegian Cruise Line’s guidance for fiscal year 2025 shows a favorable spread between yields and costs, with costs expected to be lower than anticipated. The company’s cost management and yield projections are conservative, yet they still set a positive outlook for the remainder of the year. Additionally, reduced capital expenditures for 2025 and 2026 further enhance the company’s financial position, supporting Chaiken’s confidence in the stock’s potential for growth.
According to TipRanks, Chaiken is a 4-star analyst with an average return of 6.9% and a 52.73% success rate. Chaiken covers the Consumer Cyclical sector, focusing on stocks such as Carnival, Hyatt Hotels, and DraftKings.
In another report released on February 28, Barclays also maintained a Buy rating on the stock with a $32.00 price target.