Viking (VIK) Scheduled to Post Quarterly Earnings on Tuesday

Viking (NYSE:VIK) is scheduled to release 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 that are interested in registering for 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 (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.07. The business 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 Stock Performance

NYSE VIK opened at $45.34 on Monday. Viking has a 1 year low of $25.71 and a 1 year high of $46.25. The company has a fifty day moving average of $37.76 and a 200 day moving average of $34.38.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VIK. Morgan Stanley upgraded Viking from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $37.00 to $49.00 in a research note on Tuesday, November 12th. Stifel Nicolaus raised their price objective on shares of Viking from $37.00 to $39.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. JPMorgan Chase & Co. lifted their target price on shares of Viking from $37.00 to $42.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Wells Fargo & Company increased their price target 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, Bank of America upped their price objective on shares of Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on 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.