Viking (NYSE:VIK - Get Free Report) will be releasing its earnings data before the market opens on Tuesday, November 19th. Analysts expect Viking to post earnings of $0.84 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Viking (NYSE:VIK - Get Free Report) last announced its quarterly earnings data on Thursday, August 22nd. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.07. The company had revenue of $1.59 billion for 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 traded up $1.41 during trading on Tuesday, reaching $45.85. 2,819,376 shares of the company traded hands, compared to its average volume of 1,868,899. Viking has a 12-month low of $25.71 and a 12-month high of $45.96. The business's fifty day simple moving average is $36.74.
Analyst Upgrades and Downgrades
VIK has been the subject of a number of recent research reports. Morgan Stanley raised shares of Viking from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $37.00 to $49.00 in a report on Tuesday. Stifel Nicolaus raised their target price on shares of Viking from $37.00 to $39.00 and gave the company a "buy" rating in a report on Friday, August 23rd. Barclays raised their target price on shares of Viking from $39.00 to $43.00 and gave the company an "overweight" rating in a report on Tuesday, October 22nd. Bank of America raised their target price on shares of Viking from $35.00 to $40.00 and gave the company a "buy" rating in a report on Tuesday, July 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of Viking from $35.00 to $39.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 4th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $38.67.
Read Our Latest Report on VIK
About Viking
(
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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.
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