Technical Outlook And Game Plan For Viking Holdings Ltd (NYSE: VIK)

Viking Holdings Ltd (VIK) concluded trading on Wednesday at a closing price of $44.49, with 3.78 million shares of worth about $168.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.39% during that period and on January 15, 2025 the price saw a gain of about 2.49%. Currently the company’s common shares owned by public are about 303.83M shares, out of which, 158.76M shares are available for trading.

Stock saw a price change of 4.41% in past 5 days and over the past one month there was a price change of -3.66%. Over the period of past 52 weeks, stock dropped to lowest price of $25.71 but also hit the highest price of $47.62 during that period. The average intraday trading volume for Viking Holdings Ltd shares is 2.17 million. The stock is currently trading 0.55% above its 20-day simple moving average (SMA20), while that difference is down -0.33% for SMA50 and it goes to 21.22% higher than SMA200.

Viking Holdings Ltd (NYSE: VIK) currently have 303.83M outstanding shares and institutions hold larger chunk of about 37.09% of that.

The stock has a current market capitalization of $19.20B. It has posted earnings per share of -$1.30 in the same period. It has Quick Ratio of 0.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VIK, volatility over the week remained 2.59% while standing at 3.19% over the month.

Analysts are in expectations that Viking Holdings Ltd (VIK) stock would likely to be making an EPS of 0.35 in the current quarter, while forecast for next quarter EPS is -0.31 and it is 2.31 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.27 which is 0.41 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 45.03% while it is estimated to increase by 59.11% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on December 19, 2024 offering a Buy rating for the stock and assigned a target price of $54 to it. Coverage by Barclays stated Viking Holdings Ltd (VIK) stock as an Equal weight in their note to investors on December 13, 2024, suggesting a price target of $49 for the stock. On November 12, 2024, Morgan Stanley Upgrade their recommendations, while on July 02, 2024, Barclays Initiated their ratings for the stock with a price target of $39. Stock get a Buy rating from HSBC Securities on June 25, 2024.

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