Last Updated: 13 Nov 2024
Executive Summary
Viad Corp (VVI) is an experiential services company with a market capitalization of $964.9 million. The company has a strong financial position with an EBITDA of $172.7 million and a net income of $102.0 million in the latest quarter. Viad Corp's stock price has been on a steady upward trend in recent years, and analysts expect it to continue to perform well in the future.
Company Overview
Viad Corp is headquartered in Phoenix, Arizona, and has operations in the United States, Canada, the United Kingdom, continental Europe, the United Arab Emirates, and Iceland. The company provides a variety of experiential services, including live events, attractions, and hospitality. Viad Corp's brands include Feld Entertainment, Cirque du Soleil, and The Blue Man Group.
Fundamental Analysis
Viad Corp has a strong financial position with a healthy balance sheet and strong cash flow. The company's revenue has been growing steadily in recent years, and its profitability has improved significantly. Viad Corp's profit margin is now 2.68%, and its return on equity is 14.5%.
Technical Analysis
Viad Corp's stock price has been on a steady upward trend in recent years. The stock is currently trading at $44.62, which is above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also above 50, which indicates that it is overbought.
Short Term Outlook
Viad Corp's stock price is expected to continue to perform well in the short term. The company has a strong financial position and its business is growing. The stock's technical indicators are also positive, which suggests that it is likely to continue to rise in the near future.
Long Term Outlook
Viad Corp's long-term outlook is also positive. The company is well-positioned to benefit from the growing demand for experiential services. The company's brands are well-known and respected, and it has a strong track record of success.
Analyst Recommendations
Analysts are bullish on Viad Corp. The consensus analyst rating for the stock is "buy." The average analyst target price for the stock is $47.67, which represents a potential upside of 6.8% from the current price.
