Stock of Viking Holdings Ltd (VIK) performance and profitability takes another direction

A share price of Viking Holdings Ltd [VIK] is currently trading at $45.34, down -0.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VIK shares have gain 3.94% over the last week, with a monthly amount glided 15.11%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Viking Holdings Ltd [NYSE: VIK] stock has seen the most recent analyst activity on November 12, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $49 from $37. Previously, Barclays started tracking the stock with Overweight rating on July 02, 2024, and set its price target to $39. On June 25, 2024, HSBC Securities initiated with a Buy rating and assigned a price target of $36 on the stock. Truist started tracking the stock assigning a Hold rating and suggested a price target of $38 on June 21, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $35 as its price target on May 28, 2024. UBS started tracking with a Buy rating for this stock on May 28, 2024, and assigned it a price target of $35. In a note dated May 28, 2024, Stifel initiated an Buy rating and provided a target price of $37 on this stock.

Viking Holdings Ltd experienced fluctuations in its stock price throughout the past year between $25.71 and $46.25. Currently, Wall Street analysts expect the stock to reach $38.83 within the next 12 months. Viking Holdings Ltd [NYSE: VIK] shares were valued at $45.34 at the most recent close of the market. An investor can expect a potential drop of -14.36% based on the average VIK price forecast.

Analyzing the VIK fundamentals

Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at -0.44%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is 0.51 and Total Capital is 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.29.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.81 points at the first support level, and at 44.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.86, and for the 2nd resistance point, it is at 46.38.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Viking Holdings Ltd [NYSE:VIK] is 0.51. In addition, the Quick Ratio stands at 0.50 and the Cash Ratio stands at 0.35.

Transactions by insiders

Recent insider trading involved MILTON HUGH, Officer, that happened on Nov 04 ’24 when 0.2 million shares were purchased. Officer, RICHARD MARNELL completed a deal on Nov 04 ’24 to buy 0.2 million shares. Meanwhile, Officer LEAH TALACTAC bought 0.23 million shares on Oct 28 ’24.

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