Vail Resorts (MTN) Maintains Guidance Amidst Flat Performance in Colorado and Utah Locations
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
- Stable Guidance: Vail Resorts (MTN) is unlikely to raise its guidance, indicating that the performance of its Colorado and Utah locations has not met expectations, which may affect investor confidence.
- Cautious Market Reaction: The flat performance of the ski resorts has led to a cautious market outlook on Vail Resorts' future growth potential, potentially resulting in stock price volatility.
- Regional Performance Analysis: The lack of significant growth in Colorado and Utah highlights increasing competition in these markets, which could impact the company's overall performance.
- Investor Focus: Investors will closely monitor Vail Resorts' subsequent strategies to address regional market challenges and seek new growth opportunities.
Analyst Views on MTN
Wall Street analysts forecast MTN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTN is 169.54 USD with a low forecast of 145.00 USD and a high forecast of 234.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
3 Buy
5 Hold
1 Sell
Hold
Current: 137.360
Low
145.00
Averages
169.54
High
234.00
Current: 137.360
Low
145.00
Averages
169.54
High
234.00
About MTN
Vail Resorts, Inc. is a network of destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North America; Andermatt-Sedrun and Crans-Montana Mountain Resort in Switzerland; and Perisher, Hotham, and Falls Creek in Australia - all available on the Company's Epic Pass. The Company's segments include Mountain, Lodging and Real Estate. It also provides ancillary services, primarily including ski school, dining and retail/rental operations. The Company owns and/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to its mountain destinations, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. The Company operates more than 250 retail and rental locations across North America. It owns, develops and sells real estate in and around its resort communities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
