Somewhat Favorable News Coverage Somewhat Unlikely to Impact Peak Resorts (SKIS) Stock Price
Media headlines about Peak Resorts (NASDAQ:SKIS) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Peak Resorts earned a news impact score of 0.18 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.2504068314891 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Recommendation Strong Buy on stock: Carrols Restaurant Group, Inc. (TAST) ,Peak Resorts, Inc. (SKIS) – Street Observer (press release) (streetobserver.com)
- Peak Resorts, Inc. (NASDAQ:SKIS) Experiences Lighter than Average Trading Volume – First News 24 (firstnewspaper24.com)
- Zacks: Brokerages Anticipate Peak Resorts, Inc. (SKIS) Will Post Earnings of -$0.66 Per Share (americanbankingnews.com)
- ETFs with exposure to Peak Resorts, Inc. : September 26, 2017 (finance.yahoo.com)
Shares of Peak Resorts (NASDAQ:SKIS) traded up 3.57% on Friday, reaching $4.35. The company had a trading volume of 77,751 shares. The firm’s market capitalization is $60.82 million. The company’s 50-day moving average price is $4.78 and its 200 day moving average price is $5.05. Peak Resorts has a 52 week low of $3.90 and a 52 week high of $6.20.
Peak Resorts (NASDAQ:SKIS) last released its quarterly earnings results on Wednesday, September 6th. The company reported ($0.64) EPS for the quarter, missing the consensus estimate of ($0.57) by ($0.07). The business had revenue of $7.50 million during the quarter, compared to analysts’ expectations of $7.22 million. Peak Resorts had a negative net margin of 0.20% and a negative return on equity of 0.38%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.56) EPS. On average, analysts expect that Peak Resorts will post $0.07 EPS for the current year.
Several analysts have recently commented on the stock. FBR & Co reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Peak Resorts in a report on Thursday, September 7th. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $7.00 target price on shares of Peak Resorts in a report on Thursday, September 7th. Macquarie cut shares of Peak Resorts from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $7.00 to $5.00 in a report on Wednesday, July 19th. Zacks Investment Research upgraded shares of Peak Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Stifel Nicolaus restated a “buy” rating on shares of Peak Resorts in a research report on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. Peak Resorts has a consensus rating of “Hold” and a consensus target price of $6.17.
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In other Peak Resorts news, major shareholder Cap 1 Llc bought 152,400 shares of Peak Resorts stock in a transaction dated Tuesday, July 18th. The stock was acquired at an average cost of $4.82 per share, with a total value of $734,568.00. Following the completion of the acquisition, the insider now owns 1,416,013 shares of the company’s stock, valued at $6,825,182.66. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders acquired 803,753 shares of company stock worth $4,165,497. 16.52% of the stock is currently owned by company insiders.
About Peak Resorts
Peak Resorts, Inc is a holding company. The Company, through its subsidiaries, owns or leases, and operates day ski and overnight drive ski resorts. The Company’s ski resort operations consist of snow skiing, snowboarding and snow sports areas in Wildwood and Weston, Missouri; Bellefontaine and Cleveland, Ohio; Paoli, Indiana; Blakeslee and Lake Harmony, Pennsylvania; Bartlett, Bennington and Pinkham Notch, New Hampshire; West Dover, Vermont, and Hunter, New York, and an 18 hole golf course in West Dover, Vermont.
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