With 1.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.2 million shares. During the session, the Travel Services company that operates in wider Consumer Cyclical sector, reached to the highest price of $47.6245 whereas the lowest price it dropped to was $46.45. The 52-week range on VIK shows that it touched its highest point at $47.52 and its lowest point at $25.71 during that stretch. It currently has a 1-year price target of $49.73.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VIK was up-trending over the past week, with a rise of 4.69%, but this was up by 17.03% over a month. Three-month performance surged to 38.04% while six-month performance rose 51.90%. For the next quarter, that number is 0.34. This implies an EPS growth rate of 27.81% for this year and 78.32% for next year.
Float and Shares Shorts:
At present, 303.68 million VIK shares are outstanding with a float of 169.72 million shares on hand for trading. On 2024-10-31, short shares totaled 0.58 million, which was 13.999999999999998 higher than short shares on 1727654400. In addition to Mr. Torstein Hagen as the firm’s Founder, Chairman & CEO, Ms. Leah Talactac serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.97095 of VIK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, VIK reported revenue of $1678737000.0 and operating income of $489588000.0. The EBITDA in the recently reported quarter was $549039000.0 and diluted EPS was $0.86.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VIK since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VIK analysts setting a high price target of 56.0 and a low target of 45.0, the average target price over the next 12 months is 50.9. Based on these targets, VIK could surge 20.56% to reach the target high and fall by -3.12% to reach the target low. Reaching the average price target will result in a growth of 9.58% from current levels.
Analysts have provided yearly estimates in a range of $1.62405 being high and $0.87449 being low. For VIK, this leads to a yearly average estimate of $1.2781. Based on analyst estimates, the high estimate for the next quarter is -$0.3 and the low estimate is -$0.37. The average estimate for the next quarter is thus -$0.32.
