Vail Resorts Likely To Report Lower Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Vail Resorts, Inc. (NYSE:MTN) is expected to report financial results for its fiscal third quarter 2023 ended April 30, 2023 after the closing bell on June 8, 2023.

Analysts expect the company to post quarterly earnings at $8.84 per share, down from year-ago earnings of $9.16 per share. The company’s revenue might come in at $1.27 billion.

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Vail Resorts shares rose 0.4% to close at $256.18 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Credit Suisse analyst Benjamin Chaiken maintained an Outperform rating and cut the price target from $380 to $333 on March 10, 2023. This analyst sees around 30% upside in the company’s stock and has an accuracy rate of 69%.
  • Barclays analyst Brandt Montour maintained an Underweight rating and cut the price target from $232 to $222 on March 10, 2023. This analyst sees around 13% downside in the company’s stock and has an accuracy rate of 66%.
  • Truist Securities analyst Patrick Scholes maintained a Hold rating and raised the price target from $270 to $292 on Dec. 22, 2022. This analyst sees around 14% upside in the company’s stock and has an accuracy rate of 64%.
  • JP Morgan analyst Omer Sander maintained a Neutral rating and increased the price target from $246 to $262 on Dec. 12, 2022. This analyst sees around 2% upside in the company’s stock and has an accuracy rate of 60%.
  • Deutsche Bank analyst Chris Woronka maintained a Hold rating and slashed the price target from $286 to $283 on Sept. 29, 2022. This analyst sees around 10% upside in the company’s stock and has an accuracy rate of 62%.

 

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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsPrice TargetPre-Market OutlookMarketsAnalyst RatingsTrading IdeasExpert IdeasMost Accurate Analysts