Vail Resorts, Inc. (NYSE:MTN) Expected to Announce Earnings of -$2.58 Per Share

Analysts expect Vail Resorts, Inc. (NYSE:MTN) to announce earnings of ($2.58) per share for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Vail Resorts’ earnings, with the highest EPS estimate coming in at ($2.31) and the lowest estimate coming in at ($2.87). Vail Resorts posted earnings of ($2.07) per share during the same quarter last year, which would suggest a negative year over year growth rate of 24.6%. The business is expected to issue its next quarterly earnings results after the market closes on Thursday, September 26th.

On average, analysts expect that Vail Resorts will report full-year earnings of $6.99 per share for the current year, with EPS estimates ranging from $6.65 to $7.21. For the next fiscal year, analysts expect that the firm will report earnings of $7.96 per share, with EPS estimates ranging from $7.33 to $8.30. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Vail Resorts.

MTN has been the subject of several recent research reports. Wells Fargo & Co began coverage on shares of Vail Resorts in a report on Monday, July 15th. They set a “market perform” rating and a $230.00 target price for the company. Deutsche Bank set a $261.00 price target on shares of Vail Resorts and gave the company a “buy” rating in a research note on Friday, June 7th. Stifel Nicolaus boosted their price target on shares of Vail Resorts from $219.00 to $230.00 and gave the stock a “hold” rating in a research report on Friday, June 7th. SunTrust Banks increased their price objective on shares of Vail Resorts to $247.00 and gave the stock a “buy” rating in a research note on Friday, June 7th. Finally, William Blair restated an “outperform” rating on shares of Vail Resorts in a research note on Friday, June 7th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $237.18.

Shares of MTN stock traded up $0.88 during trading on Friday, reaching $238.78. The company’s stock had a trading volume of 189,805 shares, compared to its average volume of 376,053. The business has a fifty day moving average price of $239.97 and a 200-day moving average price of $225.32. The company has a quick ratio of 0.62, a current ratio of 0.76 and a debt-to-equity ratio of 0.69. The company has a market cap of $9.38 billion, a price-to-earnings ratio of 37.96, a price-to-earnings-growth ratio of 1.95 and a beta of 0.68. Vail Resorts has a one year low of $179.60 and a one year high of $296.40.

Several large investors have recently added to or reduced their stakes in MTN. Pinnacle Financial Partners Inc. bought a new stake in Vail Resorts during the first quarter worth $28,000. SRS Capital Advisors Inc. acquired a new stake in Vail Resorts in the second quarter valued at $28,000. Private Ocean LLC acquired a new stake in Vail Resorts in the first quarter valued at $43,000. Massey Quick Simon & CO. LLC bought a new position in shares of Vail Resorts in the 2nd quarter valued at about $45,000. Finally, Quadrant Capital Group LLC bought a new position in shares of Vail Resorts in the 1st quarter valued at about $46,000. 95.25% of the stock is owned by institutional investors and hedge funds.

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 Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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Earnings History and Estimates for Vail Resorts (NYSE:MTN)

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