Barclays Lowers Viking (NYSE:VIK) Price Target to $76.00

Viking (NYSE:VIK) had its price target reduced by research analysts at Barclays from $77.00 to $76.00 in a research note issued to investors on Friday, MarketBeat reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s price objective would suggest a potential downside of 1.66% from the company’s current price.

Several other brokerages have also issued reports on VIK. Citigroup increased their price target on shares of Viking from $85.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Mizuho increased their price target on shares of Viking from $59.00 to $69.00 and gave the stock an “underperform” rating in a research note on Thursday, March 5th. Wall Street Zen upgraded shares of Viking from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Stifel Nicolaus increased their price target on shares of Viking from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Finally, Morgan Stanley raised their price objective on shares of Viking from $75.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $75.14.

Viking Stock Down 1.2%

Shares of NYSE VIK opened at $77.28 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 4.76. Viking has a 12 month low of $36.99 and a 12 month high of $81.48. The firm has a market capitalization of $34.44 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 1.42 and a beta of 1.90. The firm has a fifty day simple moving average of $74.25 and a two-hundred day simple moving average of $68.56.

Viking (NYSE:VIK) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.67 EPS for the quarter. The business had revenue of $1.72 billion during the quarter. Viking had a net margin of 17.65% and a return on equity of 240.75%. Equities analysts expect that Viking will post 1.49 earnings per share for the current year.

Insider Activity

In related news, EVP Jeffrey Dash sold 28,631 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $80.22, for a total value of $2,296,778.82. Following the transaction, the executive vice president owned 466,391 shares of the company’s stock, valued at approximately $37,413,886.02. This trade represents a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hedge Funds Weigh In On Viking

A number of institutional investors and hedge funds have recently made changes to their positions in VIK. Optimize Financial Inc raised its position in shares of Viking by 1.4% during the fourth quarter. Optimize Financial Inc now owns 9,635 shares of the company’s stock valued at $688,000 after buying an additional 136 shares during the last quarter. S.A. Mason LLC raised its position in shares of Viking by 7.5% during the fourth quarter. S.A. Mason LLC now owns 2,150 shares of the company’s stock valued at $154,000 after buying an additional 150 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of Viking by 2.7% during the fourth quarter. Park Avenue Securities LLC now owns 6,733 shares of the company’s stock valued at $481,000 after buying an additional 177 shares during the last quarter. Legacy Wealth Asset Management LLC increased its position in Viking by 3.3% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 5,780 shares of the company’s stock worth $413,000 after purchasing an additional 187 shares during the last quarter. Finally, CI Investments Inc. increased its position in Viking by 53.1% in the third quarter. CI Investments Inc. now owns 551 shares of the company’s stock worth $34,000 after purchasing an additional 191 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Trending Headlines about Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking is expanding seasonal offerings — the company is building up winter programs in Europe, which could increase utilization and yield on its river and ocean capacity during shoulder months. Viking Builds Up Winter Programs in Europe
• Positive Sentiment: A former vessel, Zhao Shang Yi Dun, has been rebranded and rejoined the Viking fleet as Viking Yi Dun, adding capacity and signaling fleet optimization and brand consolidation. Former Zhao Shang Yi Dun Rebranded as Viking Yi Dun, Rejoins Viking Fleet
• Neutral Sentiment: Headline pieces about a surge in VIK headlines (e.g., “Viking (VIK) Shares Skyrocket”) can drive intraday volatility and retail interest but don’t provide new fundamentals. Monitor whether such coverage translates into sustained flows. Viking (VIK) Shares Skyrocket, What You Need To Know
• Neutral Sentiment: Several cultural/archaeology stories referencing “Viking” (a gold-coin discovery, pre‑Viking ship burials, and related history pieces) are unrelated to company fundamentals but may generate peripheral media noise. Metal detectorist finds Viking Age gold coin that might upend history 700 AD Discovery in Norway Reveals Ship Burials Predate the Viking Age Deviant Burials in Viking Age Scandinavia
• Negative Sentiment: Short interest jumped ~21.3% to 7.74M shares as of March 31, raising short interest to ~2.8 days of volume and representing ~1.7% of shares outstanding. Increasing short activity can add downward pressure and volatility if shorts accelerate.
• Negative Sentiment: Barclays cut its price target from $77 to $76 and kept an “equal weight” rating, signaling little near‑term upside from this major bank and removing some analyst support. Barclays Lowers VIK Price Target

Viking Company Profile

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.