Company Overview - Viking Holdings Ltd went public in May 2024, raising $1.54 billion at approximately $24 per share [11] - The company focuses on passenger shipping and other forms of passenger transport, targeting English-speaking travelers aged over 55 years [11] - Viking's cruises do not allow guests under 18 years old [11] Financial Performance - The new investment into Viking Holdings was $245.5 million, accounting for 16% of the total funds raised [11] - The Zacks Consensus Estimate for fiscal 2025 has increased by $0.02 to $2.39 per share [12] - Viking Holdings has an average earnings surprise of 12.5% [12] Investment Ratings - Viking Holdings is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B [12] - The company has a Momentum Style Score of A, with shares up 5.5% over the past four weeks [12] - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Viking Holdings is recommended for investors' consideration [13]
Here's Why Viking Holdings (VIK) is a Strong Momentum Stock