Vail Resorts (MTN) Hits New Lifetime High
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Vail Resorts as such a stock due to the following factors:
- MTN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $22.6 million.
- MTN has traded 10,766 shares today.
- MTN is trading at a new lifetime high.
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More details on MTN:
Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates in three segments: Mountain, Lodging, and Real Estate. The stock currently has a dividend yield of 1.9%. MTN has a PE ratio of 81.0. Currently there are 4 analysts that rate Vail Resorts a buy, no analysts rate it a sell, and 2 rate it a hold.
The average volume for Vail Resorts has been 199,400 shares per day over the past 30 days. Vail has a market cap of $3.1 billion and is part of the services sector and leisure industry. The stock has a beta of 0.70 and a short float of 2.5% with 3.23 days to cover. Shares are down 6.7% year-to-date as of the close of trading on Wednesday.
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Analysis:
rates Vail Resorts as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 7.6%. Since the same quarter one year prior, revenues slightly increased by 3.9%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Hotels, Restaurants & Leisure industry average. The net income increased by 12.4% when compared to the same quarter one year prior, going from -$73.38 million to -$64.28 million.
- The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
- VAIL RESORTS INC has improved earnings per share by 13.2% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, VAIL RESORTS INC reported lower earnings of $0.78 versus $0.94 in the prior year. This year, the market expects an improvement in earnings ($2.64 versus $0.78).
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Hotels, Restaurants & Leisure industry and the overall market, VAIL RESORTS INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
- You can view the full Vail Resorts Ratings Report.
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