Wall Street brokerages forecast that Vail Resorts, Inc. (NYSE:MTN) will announce earnings of ($2.58) per share for the current quarter, Zacks reports. Seven analysts have provided estimates for Vail Resorts’ earnings. The lowest EPS estimate is ($2.87) and the highest is ($2.31). Vail Resorts posted earnings per share of ($2.07) during the same quarter last year, which would suggest a negative year-over-year growth rate of 24.6%. The firm is scheduled to report its next quarterly earnings report after the market closes on Thursday, September 26th.

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 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 EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Vail Resorts.

Several equities research analysts have commented on MTN shares. William Blair restated an “outperform” rating on shares of Vail Resorts in a research note on Friday, June 7th. ValuEngine cut Vail Resorts from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Stifel Nicolaus boosted their target price on Vail Resorts from $219.00 to $230.00 and gave the company a “hold” rating in a research note on Friday, June 7th. Zacks Investment Research cut Vail Resorts from a “hold” rating to a “sell” rating and set a $182.00 target price on the stock. in a research note on Monday, May 27th. Finally, Deutsche Bank set a $261.00 target price on Vail Resorts and gave the company a “buy” rating in a research note on Friday, June 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $237.18.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its stake in shares of Vail Resorts by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 394,837 shares of the company’s stock worth $83,184,000 after purchasing an additional 24,849 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of Vail Resorts during the 1st quarter worth approximately $266,000. Creative Planning raised its stake in shares of Vail Resorts by 51.3% during the 1st quarter. Creative Planning now owns 2,107 shares of the company’s stock worth $458,000 after purchasing an additional 714 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in shares of Vail Resorts during the 1st quarter worth approximately $46,000. Finally, SG Americas Securities LLC raised its stake in shares of Vail Resorts by 5.5% during the 1st quarter. SG Americas Securities LLC now owns 7,946 shares of the company’s stock worth $1,727,000 after purchasing an additional 411 shares in the last quarter. Hedge funds and other institutional investors own 95.25% of the company’s stock.

Shares of MTN traded down $0.83 on Friday, hitting $238.51. The company’s stock had a trading volume of 210,940 shares, compared to its average volume of 373,983. The company has a quick ratio of 0.62, a current ratio of 0.76 and a debt-to-equity ratio of 0.69. The firm’s fifty day moving average price is $239.85 and its 200-day moving average price is $225.47. Vail Resorts has a fifty-two week low of $179.60 and a fifty-two week high of $295.01. The firm has a market capitalization of $9.56 billion, a price-to-earnings ratio of 37.92, a P/E/G ratio of 1.99 and a beta of 0.68.

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.

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

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