Viking (VIK) Projected to Post Earnings on Tuesday

Viking (NYSE:VIK) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $1.34 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Viking Stock Performance

NYSE VIK opened at $43.57 on Monday. The business has a fifty day moving average price of $47.81 and a two-hundred day moving average price of $42.62. Viking has a fifty-two week low of $25.71 and a fifty-two week high of $53.14.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on VIK shares. Morgan Stanley upgraded Viking from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $37.00 to $49.00 in a research note on Tuesday, November 12th. 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. Truist Financial increased their price target on Viking from $38.00 to $49.00 and gave the company a “hold” rating in a research note on Monday, December 2nd. Bank of America increased their price target on Viking from $40.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, The Goldman Sachs Group started coverage on Viking in a research note on Wednesday, January 22nd. They issued a “neutral” rating and a $49.00 price target for the company. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.