Viking (VIK) to Release Quarterly Earnings on Tuesday

Viking (NYSE:VIK) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.84 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Viking (NYSE:VIK) last announced its earnings results on Thursday, August 22nd. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.61 billion. On average, analysts expect Viking to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Viking Price Performance

Shares of VIK stock opened at $45.34 on Friday. Viking has a 12-month low of $25.71 and a 12-month high of $46.25. The firm has a 50-day moving average price of $37.76 and a 200 day moving average price of $34.38.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Bank of America boosted their target price on Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price objective on Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Stifel Nicolaus raised their target price on Viking from $37.00 to $39.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Morgan Stanley upgraded shares of Viking from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $37.00 to $49.00 in a research report on Tuesday, November 12th. Finally, Barclays raised their price objective on shares of Viking from $39.00 to $43.00 and gave the company an “overweight” rating in a research report on Tuesday, October 22nd. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.58.

Viking Company Profile

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.