Viking Holdings Sees Strong Early Bookings For 2024 And 2025, Analysts Optimistic About Pricing Power And Market Position
Viking Holdings Sees Strong Early Bookings For 2024 And 2025, Analysts Optimistic About Pricing Power And Market Position
Travel company Viking Holdings Ltd (NYSE:VIK) reported first-quarter FY24 earnings yesterday. The following are the reactions of different analysts to the company's earnings.
旅遊公司維京控股有限公司（紐約證券交易所代碼：VIK）昨天公佈了24財年第一季度業績。以下是不同分析師對公司收益的反應。
BofA Securities – Reiterates Buy, price target of $35.00
美銀證券——重申買入，目標股價爲35.00美元
Analyst Andrew G. Didora said VIK reported solid 1Q24 results with EBITDA of $(4.4) million, beating the analyst's $(11.9) million estimate.
分析師安德魯·迪多拉表示，VIK公佈了穩健的24年第一季度業績，息稅折舊攤銷前利潤爲440萬美元，超過了分析師的預期（1190萬美元）。
VIK is now 91% booked for 2024 at 9% higher pricing than the 2023 season at the same point in time and 39% booked for 2025 at 12% higher pricing than the 2024 season at the same point in time, noted the analyst.
這位分析師指出，VIK現在的預訂率爲91％，2024年的定價比同期的2023年高9％，39％的預定價格比同期的2024賽季高出12％。
The analyst views this trend positively as bookings continue at strong pricing.
隨着預訂繼續保持強勁的價格，分析師對這一趨勢持積極看法。
The analyst notes investors will be focused on any changes to VIK's bookings curve, SG&A leverage, commentary on liquidity targets, and views around potential uses of excess cash in the coming years.
分析師指出，投資者將關注VIK預訂曲線的任何變化、銷售和收購槓桿率、對流動性目標的評論以及對未來幾年多餘現金潛在用途的看法。
Stifel – Reiterates Buy, price target of $37.00
Stifel — 重申買入，目標價爲37.00美元
Analyst Steven M. Wieczynski notes that the company has been more transparent than its peers with its forward booking data, which reflects meaningful y/y growth in price and volume through 2025.
分析師史蒂芬·維欽斯基指出，該公司的遠期預訂數據比同行更加透明，這反映了到2025年價格和交易量的同比大幅增長。
VIK has superior visibility into future revenues compared to large cruise peers given its elongated booking window and relatively early receipt of final deposits, said the analyst.
這位分析師表示，與大型郵輪同行相比，VIK對未來收入的知名度更高，因爲其預訂窗口較長，最終存款的收款相對較早。
The analyst reminded investors that the first quarter is not overly relevant to full-year performance due to seasonality in the river cruise business, which primarily operates from April to October.
該分析師提醒投資者，由於內河遊輪業務的季節性，第一季度與全年業績的關係並不太大，該業務主要在4月至10月期間運營。
As a result of this dynamic, the analyst expects investors will be most focused on forward booking trends coming out of the 1Q24 release coupled with management forward commentary.
由於這種動態，分析師預計，投資者將最關注24年第一季度發佈的遠期預訂趨勢以及管理層的前瞻性評論。
J.P. Morgan – Reiterates Overweight, price target of $34.00
摩根大通——重申增持，目標股價爲34.00美元
Analyst Matthew R. Boss sees a differentiated offering relative to its cruise peers with Viking's educational, destination-first focus, and "One Brand" marketing strategy driving strong customer loyalty and high guest repeat rates.
分析師Matthew R. Boss認爲，與郵輪同行相比，Viking的教育服務、目的地優先和 “一個品牌” 的營銷策略推動了強大的客戶忠誠度和較高的訪客回頭率，從而實現了與郵輪同行相比的差異化服務。
The analyst said VIK is well positioned to gain market share within the expanding $1.9 trillion global vacation market driven by more insulated target demographic of 55+ year olds, destination-focused business model and scalable business model with strong foundation.
該分析師表示，VIK完全有能力在不斷擴大的1.9萬億美元全球度假市場中獲得市場份額，這得益於更加隔離的55歲以上目標人群、以目的地爲中心的商業模式以及具有堅實基礎的可擴展商業模式。
Price Action: VIK shares are trading higher by 3.20% at $30.66 at the last check Thursday.
價格走勢：在週四的最後一次支票中，VIK股價上漲3.20％，至30.66美元。
Image: Shutterstock/ PeopleImages.com – Yuri A
圖片：Shutterstock/PeopleImages.com — Yuri A
譯文內容由第三人軟體翻譯。