Analysts expect Vail Resorts, Inc. (NYSE:MTN) to announce earnings of ($2.31) per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Vail Resorts’ earnings. The lowest EPS estimate is ($2.35) and the highest is ($2.24). Vail Resorts reported earnings per share of ($1.43) during the same quarter last year, which would suggest a negative year over year growth rate of 61.5%. The business is scheduled to issue its next earnings results before the market opens on Friday, September 28th.
On average, analysts expect that Vail Resorts will report full-year earnings of $9.01 per share for the current fiscal year, with EPS estimates ranging from $8.84 to $9.15. For the next financial year, analysts anticipate that the company will report earnings of $8.05 per share, with EPS estimates ranging from $7.80 to $8.39. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Vail Resorts.
MTN has been the subject of several research reports. Stifel Nicolaus reiterated a “hold” rating and set a $295.00 price objective (up previously from $232.00) on shares of Vail Resorts in a research report on Monday, June 11th. They noted that the move was a valuation call. ValuEngine upgraded shares of Vail Resorts from a “hold” rating to a “buy” rating in a research report on Thursday, June 7th. Macquarie lowered shares of Vail Resorts from an “outperform” rating to a “neutral” rating and set a $300.00 price objective for the company. in a research report on Wednesday, September 5th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Vail Resorts from a “hold” rating to a “buy” rating and set a $319.00 price objective for the company in a research report on Friday, July 13th. Finally, KeyCorp increased their price objective on shares of Vail Resorts from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, June 8th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Vail Resorts presently has a consensus rating of “Buy” and a consensus price target of $288.80.
Shares of NYSE:MTN traded down $5.18 during midday trading on Friday, reaching $282.24. 823,900 shares of the company were exchanged, compared to its average volume of 352,628. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.88 and a current ratio of 1.04. Vail Resorts has a one year low of $200.68 and a one year high of $302.76. The firm has a market cap of $11.53 billion, a price-to-earnings ratio of 54.63 and a beta of 0.38.
Vail Resorts Company Profile
Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail, Beaver Creek, Breckenridge, and Keystone resorts in Colorado; Park City Mountain resort in Utah; Heavenly, Northstar, and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Northern Vermont; and Perisher in Australia, as well as three urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.
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