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

Viking Holdings Ltd. (NYSE:VIK) has been given an average rating of “Moderate Buy” by the twenty research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $106.61.

VIK has been the topic of a number of research analyst reports. BNP Paribas Exane reissued an “outperform” rating and issued a $121.00 target price (up from $104.00) on shares of Viking in a research note on Tuesday, July 14th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Viking in a research note on Wednesday, August 26th. Stifel Nicolaus dropped their price target on Viking from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, September 28th. Wells Fargo & Company upped their price objective on Viking from $109.00 to $128.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, UBS Group reiterated a “buy” rating on shares of Viking in a research report on Wednesday, September 30th.

Viking Price Performance

Shares of NYSE:VIK opened at $84.62 on Tuesday. The company’s fifty day moving average price is $85.09 and its 200-day moving average price is $84.75. The firm has a market capitalization of $37.71 billion, a price-to-earnings ratio of 28.11, a PEG ratio of 0.99 and a beta of 1.47. Viking has a one year low of $56.37 and a one year high of $110.09. The company has a debt-to-equity ratio of 3.61, a current ratio of 0.81 and a quick ratio of 0.79.

Viking (NYSE:VIK) last posted its quarterly earnings data on Thursday, August 20th. The company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.05. Viking had a net margin of 19.33% and a return on equity of 117.98%. The firm had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.14 billion. During the same quarter last year, the company posted $0.99 EPS. The business’s quarterly revenue was up 16.5% on a year-over-year basis. On average, equities research analysts anticipate that Viking will post 3.14 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Milton Hugh sold 20,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 585,571 shares in the company, valued at $50,107,310.47. The trade was a 3.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Basecamp Wealth Advisors LLC bought a new stake in shares of Viking in the 1st quarter worth approximately $25,000. Ameritas Advisory Services LLC purchased a new stake in shares of Viking in the 2nd quarter valued at $31,000. SJS Investment Consulting Inc. boosted its stake in shares of Viking by 304.4% in the 1st quarter. SJS Investment Consulting Inc. now owns 457 shares of the company’s stock valued at $34,000 after purchasing an additional 344 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Viking by 76.0% during the 3rd quarter. Signaturefd LLC now owns 1,190 shares of the company’s stock valued at $93,000 after purchasing an additional 514 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Viking by 18.3% during the 2nd quarter. GAMMA Investing LLC now owns 938 shares of the company’s stock valued at $98,000 after purchasing an additional 145 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors.

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.