Viking (VIK) to Release Earnings on Tuesday

Viking (NYSE:VIK) will be announcing its earnings results before the market opens on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.84 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Viking (NYSE:VIK) last issued its earnings results on Thursday, August 22nd. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates 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 Stock Performance

VIK stock opened at $45.34 on Friday. The firm has a 50 day simple moving average of $37.76 and a 200 day simple moving average of $34.38. Viking has a 52 week low of $25.71 and a 52 week high of $46.25.

Analysts Set New Price Targets

VIK has been the subject of several recent research reports. Barclays boosted their price target on Viking from $39.00 to $43.00 and gave the company an “overweight” rating in a research note on Tuesday, October 22nd. Bank of America increased their price target on shares of Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday. Stifel Nicolaus lifted their price objective on shares of Viking from $37.00 to $39.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Wells Fargo & Company upped their price objective on shares of Viking from $35.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. raised their target price on Viking from $37.00 to $42.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, Viking currently has an average rating of “Moderate Buy” and an average target price of $39.58.

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.