Shares of Peak Resorts Inc (NASDAQ:SKIS) have been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $6.20.
Several equities research analysts recently weighed in on the company. Zacks Investment Research lowered Peak Resorts from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. ValuEngine raised Peak Resorts from a “sell” rating to a “hold” rating in a report on Monday, April 2nd.
Shares of NASDAQ SKIS remained flat at $$4.75 during mid-day trading on Friday. The stock had a trading volume of 6,498 shares, compared to its average volume of 7,475. The company has a market cap of $66.41, a PE ratio of 158.33 and a beta of 1.16. Peak Resorts has a 12 month low of $4.00 and a 12 month high of $6.10. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.71.
Peak Resorts (NASDAQ:SKIS) last announced its quarterly earnings data on Thursday, March 8th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.05. Peak Resorts had a positive return on equity of 1.37% and a negative net margin of 0.13%. The company had revenue of $59.27 million during the quarter, compared to analyst estimates of $59.65 million. equities research analysts forecast that Peak Resorts will post 0.11 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 11th. Investors of record on Thursday, April 26th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 5.89%. The ex-dividend date of this dividend is Wednesday, April 25th. Peak Resorts’s dividend payout ratio (DPR) is currently 933.33%.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in Peak Resorts by 93.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 26,649 shares of the company’s stock valued at $116,000 after buying an additional 12,895 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new position in Peak Resorts during the 4th quarter valued at about $382,000. Sterneck Capital Management LLC grew its holdings in Peak Resorts by 13.3% during the 4th quarter. Sterneck Capital Management LLC now owns 241,975 shares of the company’s stock valued at $1,307,000 after buying an additional 28,467 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Peak Resorts by 63.0% during the 2nd quarter. Vanguard Group Inc. now owns 419,553 shares of the company’s stock valued at $1,720,000 after buying an additional 162,100 shares in the last quarter. 44.63% of the stock is owned by institutional investors.
Peak Resorts Company Profile
Peak Resorts, Inc, through its subsidiaries, owns, operates, and leases day ski and overnight drive ski resorts. The company offers various activities, services, and amenities, including skiing, snowboarding, terrain parks, tubing, dining, lodging, equipment rentals and sales, ski and snowboard instruction and mountain biking, zip tours, and other summer activities.
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