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Jefferies Reiterates Buy on Vail Resorts
Friday, June 10, 2011 - 8:56am | 106Jefferies is out with its report today on Vail Resorts (NYSE: MTN), reiterating Buy. In a note to clients, Jefferies writes, "MTN reported a solid quarter as pricing power returns and ancillary revenue continues to improve. The results and the capital return through a dividend are confirmation...
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Earnings Preview for Vail Resorts
Wednesday, June 8, 2011 - 10:01am | 343Vail Resorts (NYSE: MTN) is set to report third-quarter fiscal 2011 results Thursday, June 9, after the markets close. In the past four quarters the stock saw a bump of about 3% following earnings; will the streak continue? Analysts are looking for the resorts operator to report that earnings grew...
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Earnings Highlights for the Week of June 6
Sunday, June 5, 2011 - 1:02pm | 1032S&P 500 components scheduled to report quarterly results this week include J.M. Smucker (NYSE: SJM), National Semiconductor (NYSE: NSM) and Pall Corp. (NYSE: PLL). While analysts on average are expecting strong earnings growth from Pall, the consensus forecast for Smucker is earnings about the...
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Bank of America Downgrades Vail Resorts To Neutral, PO To $55
Thursday, May 12, 2011 - 7:24am | 29Bank of America has downgraded Vail Resorts (NYSE: MTN) from Buy to Neutral and has lowered the price objective from $57 to $55.
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MTN Announces Cash Tender Offer For Its $390MM In 6.75% Senior Subordinated Notes, KBW Reports
Tuesday, April 12, 2011 - 7:19am | 61Vail Resorts Inc. (NYSE: MTN) announced a cash tender offer for its $390MM in 6.75% senior subordinated notes due 2014, KBW reports. “The tender will be funded by new 6.5% senior subordinated notes due 2019. In addition to reducing its debt cost, MTN extends its maturity profile through the...
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Jefferies Reiterates Buy Rating On MTN
Wednesday, April 6, 2011 - 7:35am | 82Jefferies is reiterating its Buy rating on shares of Vail Resorts Inc. (NYSE: MTN). “MTN remains one of the most compelling names in our universe given its free cash flow, low leverage, exposure to the consumer recovery and attractive valuation,” Jefferies writes. “Given MTN's strong balance sheet...
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UPDATE: KBW Initiates Vail Resorts at Outperform (MTN)
Wednesday, March 9, 2011 - 9:41am | 104KBW is out with its report today on Vail Resorts (NYSE: MTN), initiating MTN at Outperform. In a note sent to clients, KBW writes, "We are initiating coverage on Vail Resorts with an Outperform rating and a $58 price target. We view shares as a solid play on an economic recovery, particularly for...
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Deutsche Bank Upgrades Vail Resorts To Buy, PT To $59
Friday, February 25, 2011 - 9:03am | 28Deutsche Bank has upgraded Vail Resorts (NYSE: MTN) from Hold to Buy and has raised the price target from $44 to $59.