Vail Resorts (LSE:0LK3) - Stock Price, News & Analysis

0LK3 Stock Overview

Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and regional ski areas in the United States.

0LK3 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	2/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 18.9% below our estimate of its fair value

Earnings are forecast to grow 23.23% per year

Risk Analysis

Dividend of 4.34% is not well covered by earnings or cash flows

Has a high level of debt

Vail Resorts, Inc. Competitors

Hollywood Bowl Group

LSE:BOWL

UK£573.1m

Ten Entertainment Group

LSE:TEG

UK£286.0m

InterContinental Hotels Group

LSE:IHG

UK£13.0b

Whitbread

LSE:WTB

UK£5.7b

Price History & Performance

Summary of all time highs, changes and price drops for Vail Resorts
Historical stock prices
Current Share Price	US$204.80
52 Week High	US$255.42
52 Week Low	US$201.39
Beta	1.11
1 Month Change	-7.44%
3 Month Change	-9.42%
1 Year Change	-16.13%
3 Year Change	-37.99%
5 Year Change	-1.29%
Change since IPO	-10.91%

Recent updates

Shareholder Returns

	0LK3	GB Hospitality	GB Market
7D	-8.8%	-0.2%	-0.9%
1Y	-16.1%	-3.0%	-1.8%

Return vs Industry: 0LK3 underperformed the UK Hospitality industry which returned -3% over the past year.

Return vs Market: 0LK3 underperformed the UK Market which returned -1.8% over the past year.

Price Volatility

Is 0LK3's price volatile compared to industry and market?
0LK3 volatility
0LK3 Average Weekly Movement	3.9%
Hospitality Industry Average Movement	3.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0LK3 has not had significant price volatility in the past 3 months.

Volatility Over Time: 0LK3's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1845	7,200	Kirsten Lynch	www.vailresorts.com

Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas.

Vail Resorts, Inc. Fundamentals Summary

How do Vail Resorts's earnings and revenue compare to its market cap?
0LK3 fundamental statistics
Market cap	US$7.69b
Earnings (TTM)	US$240.23m
Revenue (TTM)	US$2.84b

32.4x

P/E Ratio

2.7x

P/S Ratio

Is 0LK3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0LK3 income statement (TTM)
Revenue	US$2.84b
Cost of Revenue	US$1.59b
Gross Profit	US$1.26b
Other Expenses	US$1.02b
Earnings	US$240.23m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.33
Gross Margin	44.23%
Net Profit Margin	8.44%
Debt/Equity Ratio	210.7%

How did 0LK3 perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

132%

Payout Ratio

0LK3 Stock Overview

Rewards

Risk Analysis

Vail Resorts, Inc. Competitors

LSE:BOWL

UK£573.1m

LSE:TEG

UK£286.0m

LSE:IHG

UK£13.0b

LSE:WTB

UK£5.7b

Price History & Performance

Recent News & Updates

Now 20% undervalued after recent price drop

New major risk - Dividend sustainability

Upcoming dividend of US$2.22 per share

Second quarter dividend increased to US$2.22

Now 22% undervalued

Second quarter 2024 earnings released: EPS: US$5.78 (vs US$5.18 in 2Q 2023)

Recent updates

Now 20% undervalued after recent price drop

New major risk - Dividend sustainability

Upcoming dividend of US$2.22 per share

Second quarter dividend increased to US$2.22

Now 22% undervalued

Second quarter 2024 earnings released: EPS: US$5.78 (vs US$5.18 in 2Q 2023)

Vail Resorts, Inc. to Report Q2, 2024 Results on Mar 11, 2024

Vail Resorts, Inc. Appoints Iris Knobloch as Board of Directors

Now 20% undervalued

Independent Director recently sold US$581k worth of stock

Now 20% undervalued after recent price drop

Upcoming dividend of US$2.06 per share at 3.6% yield

First quarter 2024 earnings released: US$4.60 loss per share (vs US$3.40 loss in 1Q 2023)

Vail Resorts, Inc. Reaffirms Earnings Guidance for the for Fiscal Year 2024

Vail Resorts, Inc. (NYSE:MTN) entered into an agreement to acquire 84% stake in Remontees Mecaniques Crans-Montana-Aminona (CMA) SA from CPI Property Group (XTRA:O5G).

Vail Resorts, Inc. (NYSE:MTN) entered into an agreement to acquire 84% stake in Remontees Mecaniques Crans-Montana-Aminona (CMA) SA from CPI Property Group (XTRA:O5G).

Now 20% undervalued

Vail Resorts, Inc. to Report Q1, 2024 Results on Dec 07, 2023

Vail Resorts, Inc., Annual General Meeting, Dec 06, 2023

Vail Resorts, Inc. Announces Resignation of Ryan Bennett as Chief Marketing Officer, Effective October 20, 2023

Full year 2023 earnings released: EPS: US$6.76 (vs US$8.60 in FY 2022)

Vail Resorts, Inc. Provides Earnings Guidance for the First Quarter Ending October 31, 2023 and Full Year Ending July 31, 2024

Vail Resorts, Inc. to Report Fiscal Year 2023 Results on Sep 28, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$2.06 per share at 3.3% yield

Vail Resorts, Inc. Declares Quarterly Cash Dividend, Payable on July 12, 2023

Third quarter 2023 earnings released: EPS: US$8.20 (vs US$9.18 in 3Q 2022)

Vail Resorts, Inc. to Report Q3, 2023 Results on Jun 08, 2023

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$2.06 per share at 3.7% yield

Second quarter 2023 earnings released: EPS: US$5.17 (vs US$5.51 in 2Q 2022)

Vail Resorts, Inc. to Report Q2, 2023 Results on Mar 09, 2023

Vail Resorts, Inc. Announces the Launch of Gray Malin in Vail

Insufficient new directors

Upcoming dividend of US$1.91 per share

Executive VP & CFO recently sold US$1.7m worth of stock

First quarter 2023 earnings released: US$3.40 loss per share (vs US$3.45 loss in 1Q 2022)

Vail Resorts, Inc. Provides Earnings Guidance for the Year 2023

Vail Resorts, Inc. Announces the Appointment of Angela Korch as Executive Vice President, Effective Dec. 22, 2022

Vail Resorts Appoints Angela Korch as Chief Financial Officer

Vail Resorts, Inc. to Report Q1, 2023 Results on Dec 08, 2022

Vail Resorts, Inc. Announces Kenny Thompson, Jr. as Chief Public Affairs Officer

Vail Resorts, Inc., Annual General Meeting, Dec 07, 2022

Full year 2022 earnings released: EPS: US$8.60 (vs US$3.17 in FY 2021)

Vail Resorts, Inc. Declares A Quarterly Cash Dividend, Payable on October 24, 2022

Vail Resorts, Inc. to Report Fiscal Year 2022 Results on Sep 28, 2022

Vail Resorts Announces Operating Plans for 2022/23 North American Ski and Ride Season

Vail Resorts, Inc. (NYSE:MTN) completed the acquisition of 55% stake in Andermatt-Sedrun Sport AG from Andermatt Swiss Alps AG.

Vail Resorts, Inc. Announces Resignation of Michael Barkin as Executive Vice President, Effective December 31, 2022

Upcoming dividend of US$1.91 per share

Third quarter 2022 earnings released

Vail Resorts, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Vail Resorts, Inc. to Report Q3, 2022 Results on Jun 09, 2022

Vail Resorts, Inc. (NYSE:MTN) entered into an agreement to acquire 55% stake in Andermatt-Sedrun Sport AG from Andermatt Swiss Alps AG for approximately CHF 150 million.

Upcoming dividend of US$1.91 per share

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Vail Resorts, Inc. to Report Q2, 2022 Results on Mar 14, 2022

Vail Resorts, Inc. (NYSE:MTN) acquired Seven Springs Mountain Resort/Hidden Valley Resort and Laurel Mountain Ski Area in Pittsburgh Area from Seven Springs Farm Inc. for approximately $118 million.

Upcoming dividend of US$0.88 per share