2 weeks Ago By Defense World Staff
Vail Resorts ( NYSE:MTN – Get Free Report ) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Friday. Other equities analysts have also recently issued reports about the stock.
JPMorgan Chase & Co. cut shares of 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 report on Friday, June 7th. Barclays lowered their price target on shares of Vail Resorts from $161.00 to $155.
00 and set an “underweight” rating for the company in a report on Friday. Morgan Stanley raised their price objective on Vail Resorts from $179.00 to $182.
00 and gave the company an “equal weight” rating in a report on Wednesday. Stifel Nicolaus lowered their target price on Vail Resorts from $223.00 to $216.
00 and set a “buy” rating for the company in a report on Friday. Finally, Mizuho cut their price target on Vail Resorts from $256.00 to $231.
00 and set a “buy” rating on the stock in a research note on Friday, June 7th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.
com, the company currently has an average rating of “Hold” and an average price target of $211.75. Read Our Latest Stock Report on Vail Resorts Vail Resorts Price Performance Vail Resorts ( NYSE:MTN – Get Free Report ) last announced its quarterly earnings data on Thursday, September 26th.
The company reported ($4.67) earnings per share for the quarter, missing the consensus estimate of ($4.28) by ($0.
39). Vail Resorts had a return on equity of 23.41% and a net margin of 9.
59%. The business had revenue of $265.39 million for the quarter, compared to the consensus estimate of $264.
84 million. During the same quarter in the prior year, the company earned ($3.35) earnings per share.
Vail Resorts’s quarterly revenue was down 1.6% compared to the same quarter last year. On average, equities analysts anticipate that Vail Resorts will post 6.
44 earnings per share for the current year. Institutional Investors Weigh In On Vail Resorts Several large investors have recently modified their holdings of the company. CANADA LIFE ASSURANCE Co boosted its stake in Vail Resorts by 66.
0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 45,233 shares of the company’s stock worth $10,082,000 after acquiring an additional 17,976 shares in the last quarter. Quantbot Technologies LP bought a new stake in Vail Resorts in the 1st quarter valued at about $3,228,000.
Nordea Investment Management AB raised its stake in Vail Resorts by 5.9% during the 1st quarter. Nordea Investment Management AB now owns 441,749 shares of the company’s stock worth $98,470,000 after buying an additional 24,456 shares during the period.
Junto Capital Management LP bought a new position in Vail Resorts in the fourth quarter worth approximately $14,011,000. Finally, Edgestream Partners L.P.
grew its stake in Vail Resorts by 146.3% in the first quarter. Edgestream Partners L.
P. now owns 12,147 shares of the company’s stock valued at $2,707,000 after acquiring an additional 7,216 shares during the period. 94.
94% of the stock is currently owned by institutional investors and hedge funds. Vail Resorts Company Profile ( Get Free Report ) 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. Read More Five stocks we like better than Vail Resorts Best ESG Stocks: 11 Best Stocks for ESG Investing Can Costco Stock Hit New Highs as Interest Rates Drop? The Basics of Support and Resistance These 3 Stocks Show How to Navigate Declining Consumer Confidence What Are the U.
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