While Viking Holdings Ltd has underperformed by -3.23%, investors are advised to look at stock chart patterns for technical insight.
On February 05, 2025, Loop Capital started tracking Viking Holdings Ltd (NYSE: VIK) recommending Buy. A report published by Goldman on January 22, 2025, Initiated its previous ‘Neutral’ rating for VIK. Citigroup also rated VIK shares as ‘Buy’, setting a target price of $54 on the company’s shares in an initiating report dated December 19, 2024. Morgan Stanley November 12, 2024d its ‘Equal-Weight’ rating to ‘Overweight’ for VIK, as published in its report on November 12, 2024. Barclays’s report from July 02, 2024 suggests a price prediction of $39 for VIK shares, giving the stock a ‘Overweight’ rating. HSBC Securities also rated the stock as ‘Buy’.
Analysis of Viking Holdings Ltd (VIK)
Further, the quarter-over-quarter increase in sales is 20.52%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Viking Holdings Ltd’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. Taking into account the quick ratio of the company, currently set at 0.60, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 2.97M can be a very valuable indicator of volatility for VIK stock. On a monthly basis, the volatility of the stock is set at 4.72%, whereas on a weekly basis, it is put at 5.72%, with a loss of -12.99% over the past seven days. Furthermore, long-term investors anticipate a median target price of $52.07, showing growth from the present price of $39.20, which can serve as yet another indication of whether VIK is worth investing in or should be passed over.
How Do You Analyze Viking Holdings Ltd Shares?
The Bermuda based company Viking Holdings Ltd (VIK) is one of the biggest names in Travel Services. When comparing Viking Holdings Ltd shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 122.50, there is a growth in quarterly earnings of 117.05%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 61.96%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 38.57% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
VIK shares are owned by institutional investors to the tune of 38.57% at present.
