Vail Resorts, Inc. (NYSE:MTN)
January 11th, 2019
Amidst falling markets Vail Resorts, Inc. finished Friday’s trading session down 12.72%, a $27.30 decrease to close on $187.33. As well as the drop in value, Vail Resorts, Inc. hit a new 52 week low of $181.96, breaking the previous low of $200.29 from August 2018. Despite the drop in value, trading volumes were solid at 657% of normal which can indicate investor opportunities.
MTN was outperformed by the rest of the Consumer Discretionary sector which went down just 0.03%.
Forecasts from 8 analysts indicates that Vail Resorts, Inc. might increase significantly (34%), while Finbox has calculated (with low uncertainty) a fair value price of $177.99.
The market sectors were mixed Friday with a majority of the sectors trending down. Healthcare saw the biggest increase of the day (0.33%), while Energy saw the biggest drop (0.63%). Energy has seen the biggest year-to-date gain at 8.07%.
Energy and Utilities saw turn arounds from their five day positive performance, Energy with a drop of 0.63%.
- Healthcare went up with a 0.33% change.
- Consumer Staples went up with a 0.30% change.
- Real Estate went up with a 0.24% change.
- Financials went up with a 0.17% change.
- Consumer Discretionary went down with a -0.03% change.
- Industrials went down with a -0.12% change.
- Communication Services went down with a -0.13% change.
- Information Technology went down with a -0.14% change.
- Materials went down with a -0.40% change.
- Utilities went down with a -0.44% change.
- Energy went down with a -0.63% change.
Vail Resorts, Inc. Info
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. Its resorts offer various winter and summer recreational activities, including skiing, snowboarding, snowshoeing, snowtubing, sightseeing, mountain biking, guided hiking, zip lines, challenge ropes courses, alpine slides and mountain coasters, children’s activities, and other recreational activities; and ski and snowboard lessons, equipment rental and retail merchandise services, dining venues, private club operations, and other winter and summer recreational activities. This segment also leases its owned and leased commercial space to third party operators; and provides real estate brokerage services. The Lodging segment owns and/or manages various luxury hotels and condominiums under the RockResorts brand, and other lodging properties; various condominiums located in proximity to the company’s mountain resorts; destination resorts; and golf courses, as well as offers resort ground transportation services. This segment operates approximately 5,400 owned and managed hotel and condominium units. The Real Estate segment owns, develops, and sells real estate properties in and around the company’s resort communities. Vail Resorts, Inc. was founded in 1997 and is based in Broomfield, Colorado.
All amounts in USD unless otherwise indicated
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