Market Insight: Viking Holdings Ltd. (VIK)’s Notable Gain, Closing at 31.58

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Viking Holdings Ltd. (NYSE: VIK) closed at $31.58 up 0.96% from its previous closing price of $31.28. In other words, the price has increased by $0.96 from its previous closing price. On the day, 2.82 million shares were traded. VIK stock price reached its highest trading level at $32.15 during the session, while it also had its lowest trading level at $30.85.

Ratios:

For a deeper understanding of Viking Holdings Ltd.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.51.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on July 02, 2024, initiated with a Overweight rating and assigned the stock a target price of $39.

On June 25, 2024, HSBC Securities started tracking the stock assigning a Buy rating and target price of $36.

On June 21, 2024, Truist started tracking the stock assigning a Hold rating and target price of $38.Truist initiated its Hold rating on June 21, 2024, with a $38 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VIK now has a Market Capitalization of 13500545024 and an Enterprise Value of 17103698944. Its current Enterprise Value per Revenue stands at 3.468 whereas that against EBITDA is 14.745.

Stock Price History:

Over the past 52 weeks, VIK has reached a high of $37.25, while it has fallen to a 52-week low of $25.71. The 50-Day Moving Average of the stock is -8.08%, while the 200-Day Moving Average is calculated to be -2.73%.

Shares Statistics:

For the past three months, VIK has traded an average of 1.49M shares per day and 1411560 over the past ten days. A total of 303.68M shares are outstanding, with a floating share count of 140.72M. Insiders hold about 67.40% of the company’s shares, while institutions hold 32.90% stake in the company. Shares short for VIK as of 1723680000 were 1406801 with a Short Ratio of 0.95, compared to 1721001600 on 2207344. Therefore, it implies a Short% of Shares Outstanding of 1406801 and a Short% of Float of 1.87.

Earnings Estimates

The current rating of Viking Holdings Ltd. (VIK) is the result of assessments by 5 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.34, with high estimates of $0.41 and low estimates of $0.26.

Analysts are recommending an EPS of between $1.65 and $1.08 for the fiscal current year, implying an average EPS of $1.45. EPS for the following year is $2.07, with 6.0 analysts recommending between $2.16 and $1.95.

Revenue Estimates

For the next quarter, 5 analysts are estimating revenue of $1.36B. There is a high estimate of $1.4B for the next quarter, whereas the lowest estimate is $1.34B.

Based on 6 analysts’ estimates, the company’s revenue will be $6.21B in the next fiscal year. The high estimate is $6.36B and the low estimate is $6.14B.

Most Popular