Peak Resorts Inc (NASDAQ:SKIS) insider Timothy D. Boyd bought 10,000 shares of the company’s stock in a transaction on Tuesday, January 8th. The stock was purchased at an average cost of $4.79 per share, for a total transaction of $47,900.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

SKIS opened at $4.80 on Friday. Peak Resorts Inc has a 52-week low of $4.45 and a 52-week high of $5.78. The company has a debt-to-equity ratio of 3.74, a quick ratio of 0.45 and a current ratio of 0.51.

Peak Resorts (NASDAQ:SKIS) last released its quarterly earnings results on Wednesday, December 12th. The company reported ($0.81) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.84) by $0.03. The company had revenue of $7.98 million during the quarter, compared to the consensus estimate of $8.43 million. Peak Resorts had a negative return on equity of 4.26% and a negative net margin of 3.02%. As a group, sell-side analysts forecast that Peak Resorts Inc will post 0.26 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 8th. Stockholders of record on Thursday, January 24th will be paid a dividend of $0.07 per share. The ex-dividend date is Wednesday, January 23rd. This represents a $0.28 annualized dividend and a dividend yield of 5.83%. Peak Resorts’s dividend payout ratio (DPR) is presently 400.00%.

SKIS has been the topic of several research reports. Oppenheimer set a $7.00 target price on Peak Resorts and gave the stock a “buy” rating in a research report on Wednesday, December 12th. Zacks Investment Research lowered Peak Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, September 13th. Finally, ValuEngine raised Peak Resorts from a “hold” rating to a “buy” rating in a research report on Monday, September 17th.

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 0.9% during the 3rd quarter. Rutabaga Capital Management LLC MA now owns 1,293,203 shares of the company’s stock worth $6,337,000 after acquiring an additional 11,681 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of Peak Resorts by 2.2% during the 3rd quarter. Vanguard Group Inc now owns 438,428 shares of the company’s stock worth $2,148,000 after acquiring an additional 9,482 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Peak Resorts by 30.8% during the 3rd quarter. Renaissance Technologies LLC now owns 171,799 shares of the company’s stock worth $842,000 after acquiring an additional 40,501 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Peak Resorts during the 3rd quarter worth about $396,000. Institutional investors own 43.11% of the company’s stock.

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About Peak Resorts

Peak Resorts, Inc, through its subsidiaries, owns, operates, and leases day and overnight drive ski resorts in the United States. Its resorts activities and amenities include skiing, snowboarding, terrain parks, tubing, dining, lodging, equipment rentals and sales, ski and snowboard instruction, zip lines, mountain coasters, mountain biking, hiking, and other summer activities.

Further Reading: What is the Quick Ratio?

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