Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for VIK is 140.72M and currently, short sellers hold a 2.28% of that float. On October 23, 2024, VIK’s average trading volume was 1.79M shares.
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VIK) stock’s latest price update
Viking Holdings Ltd. (NYSE: VIK)’s stock price has gone decline by -0.38 in comparison to its previous close of 39.60, however, the company has experienced a 1.15% increase in its stock price over the last five trading days. investors.com reported 2024-10-14 that Nvidia stock leads crop of IBD Leaderboard stocks to watch, including DoorDash, DaVita and one IPO stock that has cruised into buy range.
VIK’s Market Performance
Viking Holdings Ltd. (VIK) has experienced a 1.15% rise in stock performance for the past week, with a 13.39% rise in the past month, and a 15.42% rise in the past quarter. The volatility ratio for the week is 2.77%, and the volatility levels for the past 30 days are at 2.94% for VIK. The simple moving average for the past 20 days is 5.83% for VIK’s stock, with a 18.33% simple moving average for the past 200 days.
Analysts’ Opinion of VIK
Many brokerage firms have already submitted their reports for VIK stocks, with Barclays repeating the rating for VIK by listing it as a “Overweight.” The predicted price for VIK in the upcoming period, according to Barclays is $39 based on the research report published on July 02, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see VIK reach a price target of $36. The rating they have provided for VIK stocks is “Buy” according to the report published on June 25th, 2024.
Truist gave a rating of “Hold” to VIK, setting the target price at $38 in the report published on June 21st of the current year.
VIK Trading at 11.97% from the 50-Day Moving Average
After a stumble in the market that brought VIK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.63% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 2.77%, as shares surge +14.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.69% upper at present.
During the last 5 trading sessions, VIK rose by +0.73%, in comparison to the 20-day moving average, which settled at $37.27. In addition, Viking Holdings Ltd. saw 51.15% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for VIK
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.37 for the gross margin
The net margin for Viking Holdings Ltd. stands at -0.44. The total capital return value is set at 0.25.
Based on Viking Holdings Ltd. (VIK), the company’s capital structure generated 1.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at -4.33. The interest coverage ratio of the stock is 2.27.
Currently, EBITDA for the company is 1.07 billion with net debt to EBITDA at 3.1. When we switch over and look at the enterprise to sales, we see a ratio of 4.16. The receivables turnover for the company is 19.65for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
To wrap up, the performance of Viking Holdings Ltd. (VIK) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
