Vail Resorts (NYSE:MTN) issued its quarterly earnings results on Monday. The company reported ($2.64) EPS for the quarter, beating the Zacks’ consensus estimate of ($3.00) by $0.36, Briefing.com reports. The company had revenue of $267.80 million during the quarter, compared to the consensus estimate of $251.65 million. Vail Resorts had a return on equity of 18.13% and a net margin of 13.26%. Vail Resorts’s revenue was up 21.7% on a year-over-year basis. During the same period last year, the business posted ($2.66) earnings per share.
Shares of MTN opened at $230.83 on Tuesday. Vail Resorts has a 1-year low of $179.60 and a 1-year high of $249.67. The company has a market capitalization of $9.38 billion, a P/E ratio of 30.57, a P/E/G ratio of 1.96 and a beta of 0.71. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.73 and a quick ratio of 0.60. The firm’s 50 day simple moving average is $237.68 and its 200 day simple moving average is $233.42.
Several equities analysts recently weighed in on the stock. William Blair restated a “buy” rating on shares of Vail Resorts in a research report on Friday. Deutsche Bank set a $281.00 price target on shares of Vail Resorts and gave the stock a “buy” rating in a report on Friday, September 27th. Jefferies Financial Group set a $263.00 price target on shares of Vail Resorts and gave the company a “hold” rating in a report on Friday, September 27th. Wells Fargo & Co boosted their price target on shares of Vail Resorts from $230.00 to $235.00 and gave the company a “market perform” rating in a research report on Wednesday, September 25th. They noted that the move was a valuation call. Finally, Bank of America upped their price target on shares of Vail Resorts from $240.00 to $245.00 and gave the stock a “neutral” rating in a report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. Vail Resorts has an average rating of “Hold” and a consensus target price of $247.26.
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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