Vail Resorts, Inc (MTN) is todays under 30-stock. In this segment Jenny Horne and Alex Coffey discuss Vail Resorts Inc, (MTN) with George Tsillis in advance of the company’s 4Q earnings release Monday March 14th. George talks about the company which owns 40 ski resorts across the U.S. Canada and Australia. George looks at the past year for Vail Resorts Inc. (MTN) talks about what’s expected in Monday’s earnings report. He also weighs in on Deutsche Bank maintaining a hold on Vail Resorts, lowering the price target from $331 to $309. George discusses how the pandemic has affected the hotel and hospitality industry group in general. Alex and George talk about how the market also trades leisure companies like Vail (MTN) according to weather. George adds that other factors over the past 12 months like rising home costs, home building costs and interest rates could also be factoring in to why resorts and the resort industry are not doing better coming out of the pandemic.
Next Gen Investing
14 Mar 2022
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