Vail Resorts (MTN) Receiving Somewhat Favorable News Coverage, Accern Reports
Media headlines about Vail Resorts (NYSE:MTN) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Vail Resorts earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.2059751441325 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Traders Buy Vail Resorts (MTN) on Weakness (nismagazine.com)
- Breckenridge Ski Resort opens new high-speed ski lift Thursday … – Denver Business Journal (bizjournals.com)
- Vail Resorts Breaks Below 200-Day Moving Average – Notable for MTN – Nasdaq (nasdaq.com)
- ETFs with exposure to Vail Resorts, Inc. : December 26, 2017 (finance.yahoo.com)
- Vail Resorts, Inc. : MTN-US: Dividend Analysis : December 27th, 2017 (record date) : By the numbers : December 27, 2017 (finance.yahoo.com)
Shares of Vail Resorts (NYSE:MTN) traded down $1.17 during trading on Thursday, reaching $213.83. The company had a trading volume of 629,300 shares, compared to its average volume of 339,281. Vail Resorts has a 52-week low of $159.84 and a 52-week high of $237.77. The firm has a market capitalization of $8,640.00, a PE ratio of 36.24 and a beta of 0.45. The company has a quick ratio of 0.41, a current ratio of 0.56 and a debt-to-equity ratio of 0.78.
Vail Resorts (NYSE:MTN) last issued its earnings results on Thursday, December 7th. The company reported ($2.00) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.90) by ($0.10). Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. The firm had revenue of $220.90 million during the quarter, compared to analyst estimates of $198.95 million. During the same quarter in the previous year, the business posted ($1.70) EPS. Vail Resorts’s revenue was up 23.9% compared to the same quarter last year. analysts predict that Vail Resorts will post 6.85 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Wednesday, December 27th will be issued a $1.053 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Tuesday, December 26th. Vail Resorts’s payout ratio is currently 71.36%.
A number of brokerages have recently commented on MTN. Bank of America lifted their price objective on Vail Resorts from $245.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $232.00 price objective (up previously from $229.00) on shares of Vail Resorts in a research report on Monday, October 2nd. MKM Partners reaffirmed a “buy” rating and issued a $266.00 price objective (up previously from $264.00) on shares of Vail Resorts in a research report on Monday, October 2nd. Zacks Investment Research raised Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, September 29th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $250.00 price objective on shares of Vail Resorts in a research report on Wednesday, August 30th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $252.22.
In other Vail Resorts news, insider Robert A. Katz sold 115,900 shares of the business’s stock in a transaction dated Friday, October 6th. The stock was sold at an average price of $218.73, for a total transaction of $25,350,807.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Michael Z. Barkin sold 7,953 shares of the business’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $216.55, for a total value of $1,722,222.15. The disclosure for this sale can be found here. Insiders sold 236,742 shares of company stock worth $51,804,735 in the last quarter. 3.30% of the stock is owned by insiders.
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Vail Resorts Company Profile
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.
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