Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Vail Resorts a $235 Stock? Fiscal fourth quarter of 2020 revenue was down 68.4% to $77.2 million, and net loss was a whopping $153.6 million, or $3.82 per share. Those near-term struggles and the fact that investors haven't sold off shares since the pandemic began will keep me out of shares. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research – including Buy/Hold Recommendations, Earnings Surprises, Estimates and Recommendations History. For subscribers only. The travel and resort businesses have been devastated by COVID-19 in 2020, but you wouldn't notice it by the price of Vail Resorts' stock. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Shares are down a … There are also going to be far fewer events at Vail properties. This simply isn't a great buy today.Â, 10 stocks we like better than Vail ResortsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. The Investor Relations website contains information about Vail Resorts, Inc.'s business for stockholders, potential investors, and financial analysts. Its revenue of $77.21 million also couldn’t reach analysts’ estimate of $140.94 million. In approximately 3 months, Vail Resorts has returned 24.25% as of today's recent price of $242.09. That’s a 71.6% wider net loss than the $89.53 million reported in the same period of the year prior. There's no question that Vail's business has been hurt by COVID-19. Takes you to an interactive chart which cannot interact. Copyright © 2020 InvestorPlace Media, LLC. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $237.83 on volume of 170,000 shares. Vail Resorts owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyoming. Whether that's a wedding or a corporate outing, resorts are filled with travelers of all stripes all year. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. Travel to Canada is still restricted and is likely to remain that way well into the upcoming ski season. View daily, weekly or monthly format back to when Vail Resorts, Inc. stock was issued. Read our. So, we don't know how bullish to be on the season-pass news.Â, I have a hard time thinking Vail's business is going to snap back as quickly as investors seem to be hoping. And if a segment of travelers is simply not going anywhere in 2020 and 2021, the business will suffer. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(}function setPanelState(o){dom.root.classList[o?"add":"remove"](,dom.root.classList[o? © Copyright 2020 The Globe and Mail Inc. All rights reserved. The travel and resort businesses have been devastated by COVID-19 in 2020, but you wouldn't notice it by the price of Vail Resorts' (NYSE:MTN) stock. Stock Advisor launched in February of 2002. Operating loss of $170.05 million is 41% worse year-over-year than $120.58 million. Vail Resorts was heavily impacted by travel restrictions and had to call an early end to its 2020 ski season. View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. For exchange delays and terms of use, please read disclaimer (will open in new tab). ... A Stock with Hidden Assets Intrawest's real estate is worth a lot more than book value. To view this site properly, enable cookies in your browser. An analyst at Credit Suisse started coverage of the stock by listing it as his top recommendation in its niche, with shares expected to rise by as much as 40% in the next year, up to $235. Through September 18, 2020, season-pass sales at Vail are up 18% on a unit basis versus a year ago and down 4% on a dollar basis. It's now that the "rubber hits the road," and I think investors may be too optimistic about the future for Vail Resorts.Â. Vail Resorts (NYSE:MTN) traded in a range yesterday that spanned from a low of $235.73 to a high of $243.44. What's wild is that Vail Resorts still hasn't seen the biggest impact of the pandemic. © 2020, Nasdaq, Inc. All Rights Reserved. Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. The numbers show good volume for unit sales, but the weak dollar figures reflect discounts for renewing season-pass holders because of shutdowns in the spring of 2020. - Comtex SmarTrend(R) - Fri Oct 9, 12:37PM CDT. Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off. Vail Resorts (NYSE:MTN) Intraday Stock Chart Saturday 17 October 2020 Your Recent History LSE. Vail Resorts (NYSE:MTN) traded in a range yesterday that spanned from a low of $235.73 to a high of $243.44. Fiscal fourth quarter of 2020 revenue was down 68.4% to $77.2 million, and net loss was a whopping $153.6 million, or $3.82 per share. But travel will be down, and the high-margin weekend getaways won't likely be what they were a year ago. That'll hamper results at Whistler.Â, There are also going to be far fewer events at Vail properties. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. The Man Who Recommended 23 1,000% Winners Is Revealing His #1 Stock for 2020. The Motley Fool recommends Vail Resorts. Vail Resorts stock rose in after-hours trading following the company’s fiscal fourth-quarter earnings report. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. That's right -- they think these 10 stocks are even better buys. Vail Resorts (NYSE:MTN) earnings for the resort company’s fiscal fourth quarter of 2020 have MTN stock climbing after-hours Thursday. *Stock Advisor returns as of September 24, 2020. Travis Hoium has been writing for since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Copyright © 2020. When North America shut down in March, it was nearing the end of the ski season and entering the slower summer season for its resorts. That's why investors buying the stock today shouldn't bank on a sustained rally, at least until more clarity emerges in the global leisure and travel industries. Corporate earnings are provided from Zacks Investment Research, including Income Statements, Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Vail also has the advantage of being primarily an outdoor venue, so the main activities it offers, like skiing, should have a much lower risk of COVID-19 than other entertainment options. I think it's highly likely that calendar 2020 will turn out to be a horrible year, and if current vaccine timelines hold, it's unlikely the pandemic will be over until the end of the usually lucrative ski season. Vail Earnings: MTN Stock Jumps 3% Despite Missing Q4 Estimates, 7 Overlooked Small-Cap Stocks To Buy For Growth, Louis Navellier and the InvestorPlace Research Staff, DraftKings Stock Is Finally Giving Us a Buyable Dip, Matt McCall and the InvestorPlace Research Staff, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, Nio Stock Is in Bubble Territory But There’s More Room to Run, 4 Top Stock Trades for Monday: PTON, PFE, FSLY, SPAQ, 10 Canadian Stocks to Buy for the Recovery in 2021 and Beyond. Management said that weakness would continue at least into early fiscal 2021.