Viking (VIK) Set to Announce Quarterly Earnings on Tuesday

Viking (NYSE:VIK) will issue 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 are interested in participating in the company’s conference call can do so using this link.

Viking (NYSE:VIK) last released its quarterly earnings data on Thursday, August 22nd. The company reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations 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

VIK stock opened at $44.44 on Tuesday. The stock’s 50 day simple moving average is $36.74. Viking has a fifty-two week low of $25.71 and a fifty-two week high of $45.11.

Analyst Upgrades and Downgrades

VIK has been the topic of a number of recent analyst reports. Bank of America increased their target price on shares of Viking from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, July 23rd. Morgan Stanley lifted their target price on Viking from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 20th. JPMorgan Chase & Co. raised their price target on Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Barclays upped their price target 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. Finally, Wells Fargo & Company increased their price objective on Viking from $35.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 4th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Viking has a consensus rating of “Moderate Buy” and a consensus price target of $37.50.

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.