Viking Holdings Ltd (NYSE:VIK) price on current trading day, rose 6.76% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $48.19.
A look at the stock’s price movement, the level at last check in today’s session was $45.14, moving within a range at $46.155 and $48.39. Turning to its 52-week performance, $47.62 and $25.71 were the 52-week high and 52-week low respectively. Overall, VIK moved 4.42% over the past month.
Viking Holdings Ltd’s market cap currently stands at around $20.80 billion, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 1.34B for the company’s revenue for the quarter, with a low and high estimate of 1.29B and 1.37B respectively.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 6 recommend VIK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VIK’s current price about 8.75% and 7.30% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 67.38, while 7-day volatility ratio is 2.63% and 3.17% in the 30-day chart. Further, Viking Holdings Ltd (VIK) has a beta value of 0, and an average true range (ATR) of 1.48. Analysts have given the company’s stock an average 52-week price target of $50.5, forecast between a low of $49 and high of $52. Looking at the price targets, the low is -1.68% off recent price level in today’s trading while to achieve the yearly target high, it has to move -7.91%. Nonetheless, investors will most likely welcome a -4.79% jump to $50.5 which is the analysts’ median price.
If we refocus on Viking Holdings Ltd (NYSE:VIK), historical trading data shows that trading volumes averaged 2.26 over the past 10 days and 2.21 million over the past 3 months. The company’s latest data on shares outstanding shows there are 303.83 million shares.
The 63.22% of Viking Holdings Ltd’s shares are in the hands of company insiders while institutional holders own 37.09% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.58 million on 2024-10-31, giving us a short ratio of 0.29. The data shows that as of 2024-10-31 short interest in Viking Holdings Ltd (VIK) stood at 77.99999999999999 of shares outstanding, with shares short falling to 3.21 million registered in 2024-09-30. Current price change has pushed the stock 9.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VIK stock continues to rise going into the next quarter.
