Vail Resorts (MTN) to Release Earnings on Monday

Vail Resorts (NYSE:MTN) will be posting its Q1 2020 quarterly earnings results after the market closes on Monday, December 9th. Analysts expect Vail Resorts to post earnings of ($2.99) per share for the quarter. Investors that are interested in registering for the company’s earnings conference call can do so using this link.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Thursday, September 26th. The company reported ($2.22) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.58) by $0.36. Vail Resorts had a return on equity of 18.13% and a net margin of 13.26%. The business had revenue of $244.01 million during the quarter, compared to the consensus estimate of $239.91 million. During the same quarter in the prior year, the company earned ($2.07) earnings per share. The firm’s quarterly revenue was up 15.3% compared to the same quarter last year. On average, analysts expect Vail Resorts to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of MTN stock opened at $232.81 on Friday. Vail Resorts has a 12 month low of $179.60 and a 12 month high of $259.00. The stock has a market cap of $9.38 billion, a PE ratio of 30.84, a price-to-earnings-growth ratio of 2.04 and a beta of 0.71. The company has a current ratio of 0.73, a quick ratio of 0.60 and a debt-to-equity ratio of 0.88. The company’s fifty day moving average price is $237.73 and its 200-day moving average price is $233.22.

In other news, EVP James C. O’donnell sold 4,515 shares of Vail Resorts stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $227.65, for a total value of $1,027,839.75. Following the completion of the transaction, the executive vice president now owns 7,861 shares of the company’s stock, valued at approximately $1,789,556.65. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Peter A. Vaughn sold 500 shares of Vail Resorts stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $226.63, for a total value of $113,315.00. Following the completion of the transaction, the director now directly owns 8,615 shares of the company’s stock, valued at approximately $1,952,417.45. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,641 shares of company stock worth $3,120,591. Insiders own 2.40% of the company’s stock.

Several research analysts recently issued reports on MTN shares. KeyCorp increased their price target on shares of Vail Resorts from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Monday, September 30th. ValuEngine raised shares of Vail Resorts from a “hold” rating to a “buy” rating in a research report on Tuesday, December 3rd. Barclays boosted their price objective on shares of Vail Resorts from $255.00 to $270.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 2nd. SunTrust Banks upped their price objective on shares of Vail Resorts from $247.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. They noted that the move was a valuation call. Finally, Wells Fargo & Co raised their target price on shares of Vail Resorts from $230.00 to $235.00 and gave the company a “market perform” rating in a research note on Wednesday, September 25th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $247.26.

About Vail Resorts

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.

See Also: Oversold

Earnings History for Vail Resorts (NYSE:MTN)

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