Viking (VIK) Expected to Announce Quarterly Earnings on Tuesday

Viking (NYSE:VIK - Get Free Report) is projected to announce its earnings results before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

Viking Stock Down 1.9 %

Viking stock traded down $1.02 during midday trading on Friday, hitting $51.34. 3,233,181 shares of the company were exchanged, compared to its average volume of 3,016,964. Viking has a fifty-two week low of $25.71 and a fifty-two week high of $53.14. The business has a fifty day simple moving average of $46.91 and a two-hundred day simple moving average of $41.05.

Analysts Set New Price Targets

Several analysts recently commented on VIK shares. Citigroup started coverage on Viking in a report on Thursday, December 19th. They set a "buy" rating and a $54.00 target price on the stock. Morgan Stanley upgraded Viking from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $37.00 to $49.00 in a research report on Tuesday, November 12th. Bank of America increased their price target on Viking from $40.00 to $51.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Barclays reiterated an "equal weight" rating and set a $49.00 price target on shares of Viking in a research report on Friday, December 13th. Finally, Truist Financial increased their price target on Viking from $38.00 to $49.00 and gave the stock a "hold" rating in a research report on Monday, December 2nd. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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.