Viking Holdings Ltd. (NYSE:VIK) Given Average Recommendation of “Moderate Buy” by Brokerages

Viking Holdings Ltd. (NYSE:VIK) has been assigned a consensus rating of “Moderate Buy” from the seventeen research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $68.00.

Several equities analysts recently issued reports on VIK shares. Wells Fargo & Company boosted their price objective on Viking from $56.00 to $62.00 and gave the company an “equal weight” rating in a research report on Thursday, November 20th. Citigroup lifted their price target on shares of Viking from $74.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. raised their price objective on shares of Viking from $73.00 to $74.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Jefferies Financial Group raised shares of Viking from a “hold” rating to a “buy” rating and boosted their price objective for the company from $60.00 to $80.00 in a research report on Monday, December 15th. Finally, Mizuho set a $59.00 price target on Viking in a research note on Wednesday, November 19th.

Institutional Investors Weigh In On Viking

Several institutional investors have recently bought and sold shares of the company. Caerus Investment Advisors LLC acquired a new position in Viking during the 4th quarter worth approximately $541,000. Xponance LLC lifted its position in shares of Viking by 3.3% in the fourth quarter. Xponance LLC now owns 26,143 shares of the company’s stock worth $1,867,000 after purchasing an additional 833 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in Viking during the fourth quarter worth $7,045,000. Ameritas Investment Partners Inc. bought a new position in Viking in the fourth quarter valued at $2,945,000. Finally, Focus Partners Advisor Solutions LLC bought a new position in Viking in the fourth quarter valued at $886,000. Institutional investors own 98.84% of the company’s stock.

Viking Stock Performance

Shares of Viking stock opened at $76.54 on Thursday. The stock’s fifty day simple moving average is $71.63 and its 200 day simple moving average is $64.69. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 5.68. The company has a market capitalization of $33.92 billion, a PE ratio of 35.77, a PEG ratio of 0.68 and a beta of 2.07. Viking has a 12 month low of $31.79 and a 12 month high of $78.59.

Viking (NYSE:VIK) last posted its earnings results on Wednesday, November 19th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01. Viking had a return on equity of 716.92% and a net margin of 15.53%.The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period in the previous year, the firm earned $0.89 earnings per share. The company’s revenue was up 19.1% on a year-over-year basis. On average, research analysts predict that Viking will post 1.49 EPS for the current year.

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.