Equities analysts predict that Peak Resorts, Inc. (NASDAQ:SKIS) will post earnings per share of ($0.66) for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Peak Resorts’ earnings, with the highest EPS estimate coming in at ($0.58) and the lowest estimate coming in at ($0.69). Peak Resorts reported earnings of ($0.57) per share during the same quarter last year, which suggests a negative year-over-year growth rate of 15.8%. The firm is scheduled to issue its next earnings results on Thursday, December 14th.

On average, analysts expect that Peak Resorts will report full year earnings of $0.05 per share for the current financial year, with EPS estimates ranging from ($0.03) to $0.14. For the next fiscal year, analysts forecast that the company will post earnings of $0.14 per share, with EPS estimates ranging from $0.02 to $0.25. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that follow Peak Resorts.

Peak Resorts (NASDAQ:SKIS) last announced its quarterly earnings results on Wednesday, September 6th. The company reported ($0.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.07). Peak Resorts had a negative net margin of 0.20% and a negative return on equity of 0.38%. The firm had revenue of $7.50 million during the quarter, compared to analysts’ expectations of $7.22 million. During the same quarter in the prior year, the business earned ($0.56) EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year.

A number of research analysts have commented on the company. Zacks Investment Research upgraded Peak Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Robert W. Baird restated a “buy” rating and issued a $6.00 target price on shares of Peak Resorts in a research note on Tuesday, September 19th. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $7.00 target price on shares of Peak Resorts in a research note on Thursday, September 7th. Stifel Nicolaus restated a “buy” rating on shares of Peak Resorts in a research note on Thursday, September 7th. Finally, FBR & Co restated a “buy” rating and issued a $6.00 target price on shares of Peak Resorts in a research note on Thursday, September 7th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $6.17.

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Shares of Peak Resorts (NASDAQ:SKIS) remained flat at $4.90 on Tuesday. 38,342 shares of the company’s stock traded hands. Peak Resorts has a 52-week low of $3.90 and a 52-week high of $6.20. The firm’s market cap is $68.51 million. The stock has a 50-day moving average of $4.55 and a 200-day moving average of $4.87.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 26th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, October 25th. This represents a $0.28 dividend on an annualized basis and a yield of 5.71%. Peak Resorts’s dividend payout ratio (DPR) is currently -127.27%.

In related news, major shareholder Cap 1 Llc purchased 72,180 shares of the firm’s stock in a transaction dated Tuesday, July 25th. The stock was bought at an average price of $5.56 per share, for a total transaction of $401,320.80. Following the purchase, the insider now owns 1,742,705 shares in the company, valued at approximately $9,689,439.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders acquired 89,441 shares of company stock worth $497,580 in the last 90 days. Corporate insiders own 16.52% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rutabaga Capital Management LLC MA boosted its stake in shares of Peak Resorts by 51.1% during the 2nd quarter. Rutabaga Capital Management LLC MA now owns 1,251,976 shares of the company’s stock worth $5,133,000 after acquiring an additional 423,609 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Peak Resorts by 63.0% during the 2nd quarter. Vanguard Group Inc. now owns 419,553 shares of the company’s stock worth $1,720,000 after acquiring an additional 162,100 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in shares of Peak Resorts by 29.5% during the 2nd quarter. Pinnacle Associates Ltd. now owns 100,688 shares of the company’s stock worth $413,000 after acquiring an additional 22,960 shares in the last quarter. Essex Investment Management Co. LLC boosted its stake in shares of Peak Resorts by 23.9% during the 2nd quarter. Essex Investment Management Co. LLC now owns 30,098 shares of the company’s stock worth $123,000 after acquiring an additional 5,808 shares in the last quarter. Finally, Spark Investment Management LLC bought a new stake in shares of Peak Resorts during the 2nd quarter worth about $251,000. Institutional investors own 47.55% of the company’s stock.

Peak Resorts Company Profile

Peak Resorts, Inc is a holding company. The Company, through its subsidiaries, owns or leases, and operates day ski and overnight drive ski resorts. The Company’s ski resort operations consist of snow skiing, snowboarding and snow sports areas in Wildwood and Weston, Missouri; Bellefontaine and Cleveland, Ohio; Paoli, Indiana; Blakeslee and Lake Harmony, Pennsylvania; Bartlett, Bennington and Pinkham Notch, New Hampshire; West Dover, Vermont, and Hunter, New York, and an 18 hole golf course in West Dover, Vermont.

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Earnings History and Estimates for Peak Resorts (NASDAQ:SKIS)

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