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Vail Resorts (MTN) Surges: Stock Moves 7% Higher
Vail Resorts, Inc. (MTN - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $201.48 to $211.29 in the past one-month time frame.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Vail Resorts. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Vail Resorts currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Vail Resorts, Inc. Price
Vail Resorts, Inc. Price | Vail Resorts, Inc. Quote
Investors interested in the Leisure and Recreation Services industry may consider a better-ranked stock like Live Nation Entertainment, Inc. (LYV - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is MTN going up? Or down? Predict to see what others think:Up or Down
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