Vail Resorts (MTN, Financial) has adjusted its financial outlook for fiscal 2025, indicating that its Resort Reported EBITDA is expected to fall in the lower half of its previously issued guidance range. This shift is attributed to reduced ticket sales during the spring season, which saw fewer visitors than anticipated. The company is implementing its Resource Efficiency Transformation plan along with stringent cost management strategies to help alleviate some of the financial pressures arising from this downturn.
For the upcoming 2025/2026 season, Vail is focusing on early pass sales which began in spring. Despite turbulent economic conditions potentially influencing customer decisions, early sales figures have shown mixed results. While the number of pass products sold slightly decreased, revenue from sales has improved compared to the previous year by the April deadline. Notably, renewals from long-standing, loyal pass holders have risen significantly. However, it's important to note that this deadline primarily affects only those pass holders eligible for buddy ticket benefits. Detailed insights into these developments will be shared in the company's upcoming third quarter earnings report, expected in June 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Vail Resorts Inc (MTN, Financial) is $190.27 with a high estimate of $247.00 and a low estimate of $152.00. The average target implies an upside of 37.11% from the current price of $138.77. More detailed estimate data can be found on the Vail Resorts Inc (MTN) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Vail Resorts Inc's (MTN, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vail Resorts Inc (MTN, Financial) in one year is $260.49, suggesting a upside of 87.71% from the current price of $138.77. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vail Resorts Inc (MTN) Summary page.
