Viking (VIK) Expected to Announce Quarterly Earnings on Tuesday

Viking (NYSE:VIK) is anticipated to announce its Q1 2025 earnings results before the market opens on Tuesday, May 20th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $841.18 million for the quarter.

Viking (NYSE:VIK) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.09. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.34 billion. The business’s quarterly revenue was up 20.5% compared to the same quarter last year. 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 NYSE VIK opened at $48.37 on Monday. Viking has a 52 week low of $28.62 and a 52 week high of $53.14. The stock has a market capitalization of $20.87 billion and a P/E ratio of 186.05. The stock’s fifty day moving average is $40.80 and its 200 day moving average is $44.47.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on VIK shares. Truist Financial raised their price objective on Viking from $49.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, March 14th. UBS Group raised their price objective on Viking from $54.00 to $55.00 and gave the company a “buy” rating in a research note on Tuesday, March 18th. Barclays reduced their price objective on Viking from $46.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 22nd. Melius Research set a $51.00 price objective on Viking in a research note on Monday, April 21st. Finally, BNP Paribas started coverage on Viking in a research note on Thursday, March 27th. They issued an “outperform” rating and a $47.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $46.89.

Institutional Investors Weigh In On Viking

A hedge fund recently raised its stake in Viking stock. NewEdge Advisors LLC grew its position in shares of Viking Holdings Ltd (NYSE:VIK) by 92.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,440 shares of the company’s stock after acquiring an additional 690 shares during the quarter. NewEdge Advisors LLC’s holdings in Viking were worth $57,000 as of its most recent filing with the Securities & Exchange Commission. 98.84% of the stock is owned by institutional investors and hedge funds.

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.