Viking (VIK) Expected to Announce Earnings on Tuesday

Viking (NYSE:VIK) is expected to be posting its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Viking to post earnings of $0.36 per share for the quarter.

Viking Trading Down 1.9 %

Shares of NYSE:VIK opened at $51.75 on Tuesday. The stock has a 50-day simple moving average of $46.48 and a 200-day simple moving average of $40.67. Viking has a 1 year low of $25.71 and a 1 year high of $53.14.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on VIK. Truist Financial increased their price objective 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 assumed coverage on Viking in a report on Tuesday, February 4th. They issued a “buy” rating and a $55.00 price target for the company. The Goldman Sachs Group initiated coverage on Viking in a research note on Wednesday, January 22nd. They set a “neutral” rating and a $49.00 price objective on the stock. Stifel Nicolaus increased their target price on Viking from $39.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, November 18th. Finally, Morgan Stanley raised Viking from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $37.00 to $49.00 in a research report on Tuesday, November 12th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $45.13.

About Viking

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.