Vail Resorts (NYSE:MTN) Issues Earnings Results, Beats Estimates By $0.27 EPS

Vail Resorts (NYSE:MTN) posted its quarterly earnings data on Monday. The company reported $6.56 EPS for the quarter, topping analysts’ consensus estimates of $6.29 by $0.27, Briefing.com reports. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the business posted $5.76 EPS. The company’s revenue was up 5.5% on a year-over-year basis.

Vail Resorts Stock Down 2.2 %

Shares of Vail Resorts stock opened at $154.06 on Tuesday. The firm has a market cap of $5.77 billion, a price-to-earnings ratio of 25.59, a P/E/G ratio of 1.93 and a beta of 1.12. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts has a 52-week low of $151.99 and a 52-week high of $233.57. The stock has a 50-day simple moving average of $168.90 and a 200-day simple moving average of $176.04.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research note on Friday, January 17th. Barclays reaffirmed an “underweight” rating on shares of Vail Resorts in a research note on Monday. Stifel Nicolaus raised their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Mizuho raised their price objective on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. Finally, Macquarie lifted their target price on shares of Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Vail Resorts presently has a consensus rating of “Hold” and an average price target of $199.44.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.