Viking (VIK) to Release Quarterly Earnings on Tuesday

Viking (NYSE:VIK) is projected to announce its earnings results 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. Investors interested in listening to the company’s conference call can do so using this link.

Viking Stock Down 3.3 %

Shares of VIK opened at $43.57 on Friday. The company has a 50 day moving average price of $47.81 and a 200-day moving average price of $42.58. Viking has a fifty-two week low of $25.71 and a fifty-two week high of $53.14.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on VIK shares. Truist Financial upped their price target on shares of Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a research report on Monday, December 2nd. Loop Capital initiated coverage on shares of Viking in a research report on Tuesday, February 4th. They issued a “buy” rating and a $55.00 price target for the company. Morgan Stanley raised shares of Viking from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $37.00 to $49.00 in a research report on Tuesday, November 12th. JPMorgan Chase & Co. increased their target price on shares of Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, The Goldman Sachs Group started coverage on shares of Viking in a research report on Wednesday, January 22nd. They set a “neutral” rating and a $49.00 target price for the company. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.