Equities research analysts predict that Vail Resorts, Inc. (NYSE:MTN) will post $240.80 million in sales for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for Vail Resorts’ earnings, with estimates ranging from $230.82 million to $247.40 million. Vail Resorts reported sales of $211.64 million during the same quarter last year, which indicates a positive year-over-year growth rate of 13.8%. The business is scheduled to report its next earnings results after the market closes on Thursday, September 26th.
According to Zacks, analysts expect that Vail Resorts will report full year sales of $2.27 billion for the current financial year, with estimates ranging from $2.26 billion to $2.28 billion. For the next fiscal year, analysts anticipate that the company will post sales of $2.42 billion, with estimates ranging from $2.40 billion to $2.47 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Vail Resorts.
A number of equities research analysts have issued reports on the stock. Wells Fargo & Co assumed 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 on the stock. Stifel Nicolaus increased their target price on shares of Vail Resorts from $219.00 to $230.00 and gave the stock a “hold” rating in a report on Friday, June 7th. Zacks Investment Research lowered shares of Vail Resorts from a “hold” rating to a “sell” rating and set a $182.00 target price on the stock. in a report on Monday, May 27th. SunTrust Banks increased their target price on shares of Vail Resorts to $247.00 and gave the stock a “buy” rating in a report on Friday, June 7th. Finally, Deutsche Bank set a $261.00 target price on shares of Vail Resorts and gave the stock a “buy” rating in a report on Friday, June 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. Vail Resorts presently has a consensus rating of “Hold” and an average price target of $237.18.
Vail Resorts stock traded down $0.83 during mid-day trading on Friday, reaching $238.51. 210,940 shares of the company’s stock were exchanged, compared to its average volume of 373,983. The company has a market cap of $9.56 billion, a P/E ratio of 37.92, a P/E/G ratio of 1.99 and a beta of 0.68. Vail Resorts has a twelve month low of $179.60 and a twelve month high of $295.01. 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 fifty day moving average of $239.85 and a 200-day moving average of $225.47.
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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