Viking (VIK) Scheduled to Post Earnings on Tuesday

Viking (NYSE:VIK) is scheduled to 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. Investors interested in registering for the company’s conference call can do so using this link.

Viking (NYSE:VIK) last released its quarterly earnings data on Thursday, August 22nd. The company reported $0.76 EPS 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

Shares of Viking stock opened at $45.34 on Monday. The stock’s 50 day simple moving average is $37.76 and its 200-day simple moving average is $34.38. Viking has a 1-year low of $25.71 and a 1-year high of $46.25.

Wall Street Analysts Forecast Growth

VIK has been the topic of a number of recent research reports. Morgan Stanley raised Viking from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $37.00 to $49.00 in a research note on Tuesday, November 12th. JPMorgan Chase & Co. boosted their price target on shares of Viking from $37.00 to $42.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Barclays upped their price objective on shares of Viking from $39.00 to $43.00 and gave the company an “overweight” rating in a report on Tuesday, October 22nd. Wells Fargo & Company lifted their target price 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. Finally, Bank of America increased their price target on shares of Viking from $40.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Viking currently has a consensus rating of “Moderate Buy” and an average price target of $39.58.

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.