Equities analysts forecast that Vail Resorts, Inc. (NYSE:MTN) will announce ($2.31) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Vail Resorts’ earnings, with the lowest EPS estimate coming in at ($2.35) and the highest estimate coming in at ($2.24). Vail Resorts posted earnings of ($1.43) per share in the same quarter last year, which suggests a negative year-over-year growth rate of 61.5%. The business is scheduled to report its next quarterly earnings results before the market opens on Friday, September 28th.

On average, analysts expect that Vail Resorts will report full year earnings of $9.01 per share for the current fiscal year, with EPS estimates ranging from $8.84 to $9.15. For the next fiscal year, analysts forecast that the business will report earnings of $8.05 per share, with EPS estimates ranging from $7.80 to $8.39. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that cover Vail Resorts.

MTN has been the topic of several research analyst reports. Bank of America increased their target price on shares of Vail Resorts from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Tuesday, June 5th. ValuEngine raised shares of Vail Resorts from a “hold” rating to a “buy” rating in a research note on Thursday, June 7th. KeyCorp increased their target price on shares of Vail Resorts from $250.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, June 8th. Deutsche Bank set a $297.00 target price on shares of Vail Resorts and gave the stock a “buy” rating in a research note on Friday, June 8th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $295.00 target price (up from $232.00) on shares of Vail Resorts in a research note on Monday, June 11th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $288.80.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Almanack Investment Partners LLC. acquired a new position in Vail Resorts during the second quarter worth $122,000. Synovus Financial Corp acquired a new position in Vail Resorts during the first quarter worth $133,000. Tower Research Capital LLC TRC raised its holdings in Vail Resorts by 56.0% during the second quarter. Tower Research Capital LLC TRC now owns 504 shares of the company’s stock worth $138,000 after buying an additional 181 shares during the last quarter. Hirtle Callaghan & Co LLC acquired a new position in Vail Resorts during the second quarter worth $192,000. Finally, Silvercrest Asset Management Group LLC acquired a new position in Vail Resorts during the first quarter worth $204,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

NYSE MTN traded down $6.45 on Friday, hitting $285.90. 348,554 shares of the company were exchanged, compared to its average volume of 348,977. The firm has a market cap of $11.86 billion, a PE ratio of 55.84 and a beta of 0.37. Vail Resorts has a 12 month low of $200.68 and a 12 month high of $302.76. The company has a quick ratio of 0.88, a current ratio of 1.04 and a debt-to-equity ratio of 0.54.

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, Beaver Creek, Breckenridge, and Keystone resorts in Colorado; Park City Mountain resort in Utah; Heavenly, Northstar, and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Northern Vermont; and Perisher in Australia, as well as three urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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Earnings History and Estimates for Vail Resorts (NYSE:MTN)

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