Vail Resorts (MTN) to Release Quarterly Earnings on Thursday

Vail Resorts (NYSE:MTN) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, September 26th. Analysts expect the company to announce earnings of ($4.24) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $183.35 on Thursday. Vail Resorts has a twelve month low of $165.14 and a twelve month high of $254.78. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 2.04. The company has a market capitalization of $6.90 billion, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 2.38 and a beta of 1.14. The business has a 50 day simple moving average of $178.65 and a 200-day simple moving average of $193.66.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MTN. JPMorgan Chase & Co. downgraded Vail Resorts from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $217.00 to $176.00 in a research note on Friday, June 7th. Stifel Nicolaus reduced their price target on Vail Resorts from $262.00 to $259.00 and set a “buy” rating for the company in a research report on Friday, June 7th. Deutsche Bank Aktiengesellschaft reduced their price target on Vail Resorts from $218.00 to $194.00 and set a “hold” rating for the company in a research report on Monday. Barclays reduced their price target on Vail Resorts from $201.00 to $161.00 and set an “underweight” rating for the company in a research report on Friday, June 7th. Finally, Mizuho reduced their price target on Vail Resorts from $256.00 to $231.00 and set a “buy” rating for the company in a research report on Friday, June 7th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $217.50.

About Vail Resorts

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.