Vail Resorts (NYSE:MTN) posted its earnings results on Monday. The company reported ($2.64) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.00) by $0.36, Briefing.com reports. Vail Resorts had a net margin of 13.26% and a return on equity of 18.13%. The firm had revenue of $267.80 million during the quarter, compared to analysts’ expectations of $251.65 million. During the same period in the previous year, the business posted ($2.66) EPS. The business’s revenue was up 21.7% compared to the same quarter last year.
Shares of NYSE MTN opened at $230.83 on Tuesday. The firm has a market cap of $9.38 billion, a PE ratio of 30.57, a PEG ratio of 1.96 and a beta of 0.71. The firm has a fifty day moving average of $237.68 and a 200 day moving average of $233.42. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.60 and a current ratio of 0.73. Vail Resorts has a one year low of $179.60 and a one year high of $249.67.
Several analysts recently commented on MTN shares. Jefferies Financial Group set a $263.00 price target on shares of Vail Resorts and gave the company a “hold” rating in a research report on Friday, September 27th. Wells Fargo & Co lifted their price objective on shares of Vail Resorts from $230.00 to $235.00 and gave the company a “market perform” rating in a report on Wednesday, September 25th. They noted that the move was a valuation call. Barclays upped their price objective on shares of Vail Resorts from $255.00 to $270.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. ValuEngine raised shares of Vail Resorts from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd. Finally, SunTrust Banks increased their target price on shares of Vail Resorts from $247.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average 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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