Norwegian Cruise Line’s stock slides after top executives sell shares

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NCLH Stock Fair Value – This news comes as the cruise line industry continues to face challenges related to the ongoing coronavirus pandemic. Norwegian Cruise Line ($NYSE:NCLH) has been one of the hardest-hit cruise companies during the pandemic, as cruise travel has come to a virtual standstill. While it’s not clear what the executives plan to do with the proceeds from the sale, it’s likely that they are using the cash to shore up their own personal finances during this difficult time.

Market Price

The stock of Norwegian Cruise Line slid on Wednesday, after top executives of the company sold shares. This comes after mostly positive media coverage of the company. The stock opened at $17.4 and closed at $17.6, down by 3.9% from prior closing price of 18.3.

VI Analysis – NCLH Stock Fair Value

The Company has been recognized by Travel + Leisure, Condé Nast Traveler and other publications as a top cruise line. Norwegian Cruise Line Holdings Ltd. is an equal partner in the planning and construction of each new ship in the Oceania Cruises and Regent Seven Seas Cruises fleets. The Company’s strategy is to expand its global market share by offering innovative and differentiated products and services to consumers that appeal to a broad range of leisure travelers. The Company is also working on the next generation of ships for its Oceania Cruises and Regent Seven Seas Cruises brands. When delivered, these new ships will be the most modern and efficient in each brand’s fleet and will provide an enhanced vacation experience for our guests.

VI Peers

The company operates through three segments: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. It offers cruises to destinations in the Caribbean, Europe, Alaska, South America, Asia, and the Pacific. The company was founded in 1966 and is headquartered in Miami, Florida. The company’s competitors include Royal Caribbean Group, Hilton Worldwide Holdings Inc, Wyndham Hotels & Resorts Inc.

– Royal Caribbean Group ($NYSE:RCL)

Royal Caribbean Group is a cruise company that operates Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brands. The company has a market cap of 12.55B as of 2022 and a Return on Equity of -53.73%. Royal Caribbean Group is headquartered in Miami, Florida.

– Hilton Worldwide Holdings Inc ($NYSE:HLT)

Hilton Worldwide Holdings Inc is a hospitality company that owns, leases, manages, develops, and franchises hotels and resorts. It has a market cap of 35.99B as of 2022 and a Return on Equity of -148.2%. The company was founded in 1919 and is headquartered in McLean, Virginia.

– Wyndham Hotels & Resorts Inc ($NYSE:WH)

Wyndham Hotels & Resorts Inc is a hotel and resort company that operates globally. As of 2022, the company has a market capitalization of 6.34 billion dollars and a return on equity of 30.65%. The company’s primary business is owning, operating, and franchising hotels and resorts under various brands.

Summary

Norwegian Cruise Line is a publicly traded company that operates cruise ships. Norwegian Cruise Line offers cruises to destinations all over the world, including the Caribbean, Europe, Alaska, and Asia. Norwegian Cruise Line is known for its Freestyle Cruising concept, which allows guests to dine and travel at their own pace without set schedules. Investors interested in Norwegian Cruise Line can purchase shares of the company on the stock market.