Report
Jaime Katz
EUR 147.86 For Business Accounts Only

Norwegian’s 2017 Earnings Growth Set to Slow From Prior Levels, Leading to Undervalued Shares

We don’t plan to materially alter our recently revised $56 fair value estimate for narrow-moat Norwegian following results, as we’d already accounted for concerns surrounding near-term pressures. A confluence of events outside of the company’s control, including terrorist attacks abroad, had been noted as plaguing demand for Norwegian’s European itineraries. We expect the brand will continue to be disproportionately affected by both weaker demand for European deployments and pricing pressure in ...
Underlying
Norwegian Cruise Line Holdings Ltd.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jaime Katz

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