The stock of Viking Holdings Ltd (NYSE: VIK) has increased by 1.79 when compared to last closing price of 44.44. Despite this, the company has experienced a 9.63% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-05 that LOS ANGELES–(BUSINESS WIRE)–Viking® (www.viking.com) (NYSE: VIK) today named its newest river ships, the Viking Hathor and the Viking Sobek, with a special celebration in Luxor, Egypt. The Hon. Edward Herbert, served as ceremonial godfather of the Viking Hathor; his great-great-grandfather, the 5th Earl of Carnarvon, was Howard Carter’s benefactor and co-explorer, whose excavation uncovered the tomb of King Tutankhamen near Luxor almost exactly 102 years ago on November 4, 1922. Mohamed El Ba.
Is It Worth Investing in Viking Holdings Ltd (NYSE: VIK) Right Now?
Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for VIK is 140.72M, and currently, shorts hold a 0.41% of that float. The average trading volume for VIK on November 12, 2024 was 1.92M shares.
VIK’s Market Performance
VIK’s stock has seen a 9.63% increase for the week, with a 19.70% rise in the past month and a 32.23% gain in the past quarter. The volatility ratio for the week is 3.14%, and the volatility levels for the past 30 days are at 2.84% for Viking Holdings Ltd The simple moving average for the last 20 days is 11.83% for VIK stock, with a simple moving average of 32.54% for the last 200 days.
Analysts’ Opinion of VIK
Barclays, on the other hand, stated in their research note that they expect to see VIK reach a price target of $39. The rating they have provided for VIK stocks is “Overweight” according to the report published on July 02nd, 2024.
HSBC Securities gave a rating of “Buy” to VIK, setting the target price at $36 in the report published on June 25th of the current year.
VIK Trading at 22.31% 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 able to rebound, for now settling with 0.28% of gains for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 3.14%, as shares surge +18.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.87% upper at present.
During the last 5 trading sessions, VIK rose by +10.23%, in comparison to the 20-day moving average, which settled at $40.46. In addition, Viking Holdings Ltd saw 73.31% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VIK starting from MILTON HUGH, who proposed sale 200,000 shares at the price of $39.64 back on Nov 04 ’24. After this action, MILTON HUGH now owns shares of Viking Holdings Ltd, valued at $7,928,000 using the latest closing price.
RICHARD MARNELL, the Officer of Viking Holdings Ltd, proposed sale 200,000 shares at $39.64 during a trade that took place back on Nov 04 ’24, which means that RICHARD MARNELL is holding shares at $7,928,000 based on the most recent closing price.
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 4.67. 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
In conclusion, Viking Holdings Ltd (VIK) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
