Analysts expect Vail Resorts, Inc. (NYSE:MTN) to post earnings of ($2.58) per share for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for Vail Resorts’ earnings, with the highest EPS estimate coming in at ($2.31) and the lowest estimate coming in at ($2.87). Vail Resorts posted earnings of ($2.07) per share during the same quarter last year, which suggests a negative year-over-year growth rate of 24.6%. The business is expected to report its next quarterly earnings report on Friday, September 27th.

According to Zacks, analysts expect that Vail Resorts will report full year earnings of $6.99 per share for the current fiscal year, with EPS estimates ranging from $6.65 to $7.21. For the next financial year, analysts forecast that the company will report earnings of $7.96 per share, with EPS estimates ranging from $7.33 to $8.30. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Vail Resorts.

Vail Resorts (NYSE:MTN) last announced its earnings results on Thursday, June 6th. The company reported $7.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.03 by $0.09. Vail Resorts had a net margin of 13.71% and a return on equity of 18.25%. The company had revenue of $958.00 million for the quarter, compared to the consensus estimate of $958.39 million. During the same period in the previous year, the business earned $6.17 EPS. The company’s revenue was up 13.4% on a year-over-year basis.

Several analysts have issued reports on the stock. Deutsche Bank set a $261.00 target price on shares of Vail Resorts and gave the company a “buy” rating in a research note on Friday, June 7th. Wells Fargo & Co assumed coverage on shares of Vail Resorts in a research note on Monday, July 15th. They set a “market perform” rating and a $230.00 target price on the stock. William Blair reissued an “outperform” rating on shares of Vail Resorts in a research note on Friday, June 7th. Zacks Investment Research cut shares of Vail Resorts from a “hold” rating to a “sell” rating and set a $182.00 price target on the stock. in a report on Monday, May 27th. Finally, Stifel Nicolaus boosted their price target on shares of Vail Resorts from $219.00 to $230.00 and gave the company a “hold” rating in a report on Friday, June 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. Vail Resorts has a consensus rating of “Hold” and an average target price of $237.18.

In related news, insider Patricia A. Campbell sold 6,431 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $235.53, for a total value of $1,514,693.43. Following the completion of the sale, the insider now directly owns 33,729 shares in the company, valued at $7,944,191.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Robert A. Katz sold 64,913 shares of the company’s stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of $231.95, for a total transaction of $15,056,570.35. Following the completion of the sale, the chairman now owns 425,729 shares of the company’s stock, valued at $98,747,841.55. The disclosure for this sale can be found here. Insiders own 2.90% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its position in Vail Resorts by 2.0% in the second quarter. Royal Bank of Canada now owns 38,263 shares of the company’s stock worth $8,539,000 after purchasing an additional 737 shares in the last quarter. Verition Fund Management LLC raised its position in Vail Resorts by 232.4% in the second quarter. Verition Fund Management LLC now owns 4,737 shares of the company’s stock worth $1,057,000 after purchasing an additional 3,312 shares in the last quarter. united american securities inc. d b a uas asset management acquired a new position in Vail Resorts in the second quarter worth about $2,596,000. Columbia Asset Management raised its position in Vail Resorts by 42.9% in the second quarter. Columbia Asset Management now owns 2,365 shares of the company’s stock worth $528,000 after purchasing an additional 710 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in Vail Resorts by 37.1% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,159 shares of the company’s stock worth $707,000 after purchasing an additional 855 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

NYSE:MTN traded up $1.27 during trading hours on Wednesday, hitting $242.25. 135,000 shares of the stock traded hands, compared to its average volume of 390,905. The firm has a 50 day moving average price of $235.71 and a 200 day moving average price of $221.74. The company has a current ratio of 0.76, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69. Vail Resorts has a fifty-two week low of $179.60 and a fifty-two week high of $302.76. The firm has a market cap of $9.69 billion, a price-to-earnings ratio of 38.51, a PEG ratio of 1.98 and a beta of 0.67.

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

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