Vail Resorts, Inc. (MTN, Financial) experienced a significant stock surge, rising 5.05%. The stock is currently priced at $176.46 with a trading volume of 312,812 shares, indicating a turnover rate of 0.84% and a price fluctuation of 2.54%.
The latest financial data reveals that Vail Resorts reported revenues of $2.885 billion, a net profit of $230 million, an earnings per share of $6.08, and a gross profit of $953 million, with a price-to-earnings ratio of 29.04. Among 13 rating institutions, 31% recommend buying, 54% suggest holding, and 15% advise selling the stock.
Within the casino and gaming sector, where Vail Resorts operates, there was an overall increase of 1.29%. Noteworthy performers in the sector include Marriott Vacations Worldwide, Penn National Gaming, and Red Rock Resorts, Inc. Active trading was observed in Wynn Resorts, Caesars Entertainment, and Penn National Gaming, with turnover rates of 2.25%, 1.47%, and 1.08%, respectively. Stocks with significant price fluctuations included Full House Resorts, Inc., Century Casinos, and Melco Resorts & Entertainment, with volatility of 9.57%, 7.30%, and 6.16%, respectively.
Vail Resorts is a company that manages resorts and casinos, featuring three main business segments: mountain, lodging, and real estate. The mountain segment operates numerous ski resorts offering a variety of seasonal activities. Meanwhile, the lodging segment manages hotels and condos, and the real estate segment focuses on property ownership, development, and leasing near its other assets. The bulk of its revenue is generated within the United States.
