Viking (VIK) Projected to Post Earnings on Tuesday

Viking (NYSE:VIK) will likely be releasing its earnings data before the market opens on Tuesday, March 11th. Analysts expect Viking to post earnings of $0.36 per share and revenue of $1.34 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Viking Stock Down 1.3 %

Shares of Viking stock opened at $47.48 on Tuesday. Viking has a 52-week low of $25.71 and a 52-week high of $53.14. The company has a 50-day simple moving average of $47.74 and a two-hundred day simple moving average of $42.25.

Analyst Ratings Changes

A number of brokerages have recently commented on VIK. Stifel Nicolaus lifted their price target on shares of Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. The Goldman Sachs Group began coverage on shares of Viking in a research note on Wednesday, January 22nd. They issued a “neutral” rating and a $49.00 price target for the company. Truist Financial lifted their price target on shares of Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a research note on Monday, December 2nd. Citigroup began coverage on shares of Viking in a research note on Thursday, December 19th. They issued a “buy” rating and a $54.00 price target for the company. Finally, Barclays reiterated an “equal weight” rating and issued a $49.00 price target on shares of Viking in a research note on Friday, December 13th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.13.

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.