Viking Holdings Ltd (NYSE:VIK): A Fundamentally Weighted Stock for Long-Term Investors

Viking Holdings Ltd (NYSE:VIK) shares traded 2.47% higher at $50.27 on Wall Street last session.

VIK stock price is now 10.24% away from the 50-day moving average and 34.92% away from the 200-day moving average. The market capitalization of the company currently stands at $21.70B.

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With the price target of $49, Goldman recently initiated with Neutral rating for Viking Holdings Ltd (NYSE: VIK). On December 19, 2024, Citigroup recently initiated its ‘Buy’ rating on the stock quoting a target price of $54, while ‘Barclays’ rates the stock as ‘Equal Weight’

In other news, JEFFREY DASH, Officer bought 53,998 shares of the company’s stock on Dec 03 ’24. The stock was bought for $2,496,328 at an average price of $46.23. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Officer LEAH TALACTAC bought 26,803 shares of the business’s stock. A total of $1,239,103 was incurred on buying the stock at an average price of $46.23. A total of 63.22% of the company’s stock is owned by insiders.

During the past 12 months, Viking Holdings Ltd has had a low of $25.71 and a high of $49.91. The fifty day moving average price for VIK is $45.5066 and a two-hundred day moving average price translates $37.190483 for the stock.

The latest earnings results from Viking Holdings Ltd (NYSE: VIK) was released for 2024-06-30. The company reported revenue of $1.68 billion for the quarter, compared to $1.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.41 percent.

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