Viking Holdings Ltd. (VIK) – What Are Analysts Thinking About This Stock?

Shares of Viking Holdings Ltd. (NYSE:VIK) have earned an average rating of “Moderate Buy” from the twenty research firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $106.83.

A number of equities analysts have issued reports on VIK shares. Jefferies Financial Group increased their price target on Viking from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Citigroup restated a “buy” rating on shares of Viking in a report on Friday, October 2nd. Truist Financial decreased their price target on shares of Viking from $102.00 to $98.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th. Wells Fargo & Company upped their price target on Viking from $109.00 to $128.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Barclays dropped their price target on Viking from $93.00 to $90.00 and set an “equal weight” rating on the stock in a report on Monday, August 31st.

Insider Buying and Selling at Viking

In related news, EVP Milton Hugh sold 20,000 shares of Viking stock in a transaction on Friday, September 11th. The stock was sold at an average price of $85.57, for a total value of $1,711,400.00. Following the transaction, the executive vice president directly owned 585,571 shares in the company, valued at $50,107,310.47. The trade was a 3.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Institutional Investors Weigh In On Viking

Hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company grew its holdings in shares of Viking by 19.8% during the first quarter. The Manufacturers Life Insurance Company now owns 581,948 shares of the company’s stock valued at $42,762,000 after buying an additional 96,166 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in Viking in the 2nd quarter worth about $7,535,000. Junto Capital Management LP purchased a new stake in Viking in the 2nd quarter worth about $53,317,000. PVG Asset Management Corp purchased a new stake in Viking in the 1st quarter worth about $1,008,000. Finally, Scholtz & Company LLC acquired a new stake in Viking during the 2nd quarter worth about $1,744,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Viking Trading Up 0.8%

Shares of VIK stock opened at $84.07 on Tuesday. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.79 and a current ratio of 0.81. Viking has a 1 year low of $56.37 and a 1 year high of $110.09. The stock has a fifty day moving average of $86.46 and a two-hundred day moving average of $89.64. The firm has a market capitalization of $37.47 billion, a PE ratio of 27.93, a price-to-earnings-growth ratio of 1.01 and a beta of 1.47.

Viking (NYSE:VIK) last released its quarterly earnings results on Thursday, August 20th. The company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.05. The company had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.14 billion. Viking had a return on equity of 117.98% and a net margin of 19.33%. The company’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.99 earnings per share. As a group, research analysts expect that Viking will post 3.14 EPS for the current year.

Viking Company Profile

Viking Holdings Ltd., operating under the Viking brand, is a global travel and cruise company that provides destination-focused voyages for culturally curious travelers. The company offers river, ocean and expedition cruises, combining onboard accommodations and dining with shore excursions, cultural programming and other destination-based experiences.

Viking’s river cruises operate on waterways in Europe, including the Rhine, Danube, Seine, Rhône and Douro, as well as in other regions such as Asia, Egypt and the United States.