Viking (VIK) Projected to Post Earnings on Tuesday

Viking (NYSE:VIK) will likely be releasing its earnings data before the market opens on Tuesday, March 11th. Analysts expect Viking to post earnings of $0.36 per share and revenue of $1.34 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Viking Trading Down 1.3 %

VIK opened at $47.48 on Tuesday. Viking has a 1-year low of $25.71 and a 1-year high of $53.14. The company has a 50 day simple moving average of $47.74 and a two-hundred day simple moving average of $42.25.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VIK. The Goldman Sachs Group began coverage on shares of Viking in a research report on Wednesday, January 22nd. They issued a “neutral” rating and a $49.00 price target for the company. Barclays reissued an “equal weight” rating and issued a $49.00 target price on shares of Viking in a report on Friday, December 13th. Morgan Stanley raised shares of Viking from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $37.00 to $49.00 in a report on Tuesday, November 12th. Citigroup initiated coverage on shares of Viking in a report on Thursday, December 19th. They issued a “buy” rating and a $54.00 target price on the stock. Finally, Loop Capital initiated coverage on shares of Viking in a report on Tuesday, February 4th. They issued a “buy” rating and a $55.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.