Viad(VVI)

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Fast-paced Momentum Stock Viad (VVI) Is Still Trading at a Bargain
ZACKS· 2024-10-29 13:50
Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [2] - The 'Fast-Paced Momentum at a Bargain' screen is effective in spotting fast-moving stocks that remain attractively priced [2] Group 3: Viad (VVI) Stock Analysis - Viad (VVI) has shown a four-week price change of 8.9%, indicating growing investor interest [3] - Over the past 12 weeks, VVI's stock has gained 28.1%, with a beta of 2.04, suggesting it moves 104% higher than the market in either direction [4] - VVI has a Momentum Score of B, indicating a favorable time to invest based on momentum [5] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investor interest [6] - VVI is trading at a Price-to-Sales ratio of 0.63, suggesting it is undervalued at 63 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides VVI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [7] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [8]
Strength Seen in Viad (VVI): Can Its 17.5% Jump Turn into More Strength?
ZACKS· 2024-10-22 18:00
Group 1 - Viad Corp shares increased by 17.5% to $42.05, with a higher-than-average trading volume, compared to a 2.2% gain over the past four weeks [1] - The surge in investor optimism followed the announcement of Viad's sale of its GES business to Truelink Capital for $535 million, indicating a strategic shift towards experiential tourism [1] - Viad plans to rebrand itself as Pursuit after the transaction, reflecting its strengthened focus on the tourism segment [1] Group 2 - The expected quarterly earnings for Viad are $1.87 per share, representing a year-over-year increase of 25.5%, with revenues projected at $437.1 million, up 19.5% from the previous year [1] - The consensus EPS estimate for Viad has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [2] - Viad holds a Zacks Rank of 3 (Hold), while another company in the same industry, Crawford & Company B, has a Zacks Rank of 4 (Sell) [2]
Is Viad Corp (VVI) a Great Value Stock Right Now?
ZACKS· 2024-10-16 14:45
Core Insights - The focus is on identifying strong stocks through the Zacks Rank system, which emphasizes earnings estimates and revisions [1] - Value investing is highlighted as a preferred strategy for finding undervalued stocks using fundamental analysis and traditional valuation metrics [2] Company Analysis: Viad Corp (VVI) - Viad Corp (VVI) has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating it is a high-quality value stock [3] - VVI has a PEG ratio of 1.70, which is lower than the industry average of 2.63, suggesting it may be undervalued [4] - The company's PEG ratio has fluctuated between a high of 4.02 and a low of 1.03 over the past year, with a median of 1.37 [4] - VVI's P/S ratio is 0.58, significantly lower than the industry average of 1.02, further indicating potential undervaluation [5] - Overall, VVI is positioned as one of the market's strongest value stocks based on its earnings outlook and valuation metrics [6]
Is the Options Market Predicting a Spike in Viad (VVI) Stock?
ZACKS· 2024-08-14 15:06
Group 1 - The stock of Viad Corp (VVI) is experiencing significant attention due to high implied volatility in the options market, particularly the Sep 20, 2024 $20.00 Put option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in Viad's stock price, potentially due to an upcoming event [2] - Viad currently holds a Zacks Rank 4 (Sell) in the Business - Services industry, with no analysts increasing earnings estimates for the current quarter, leading to a downward revision of the Zacks Consensus Estimate from $2.44 to $1.87 per share [3] Group 2 - The high implied volatility surrounding Viad's stock may indicate a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4]
Viad (VVI) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 22:37
Viad (VVI) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 25.97%. A quarter ago, it was expected that this trade show company would post a loss of $0.98 per share when it actually produced a loss of $1.13, delivering a surprise of -15.31%. Over the last four quarters, the company ha ...
Viad(VVI) - 2024 Q1 - Earnings Call Transcript
2024-05-04 17:10
Viad Corp (NYSE:VVI) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Carrie Long - Investor Relations Steven Moster - President and Chief Executive Officer and President, GES Ellen Ingersoll - Chief Financial Officer David Barry - President, Pursuit Conference Call Participants Bryan Maher - B. Riley Securities Alex Fuhrman - Craig-Hallum Kartik Mehta - Northcoast Research Operator Good afternoon. My name is Matt and I’ll be your conference operator today. At this time, I would ...
Viad(VVI) - 2024 Q1 - Earnings Call Presentation
2024-05-04 16:22
Financial Performance - Q1 2024 - Viad's Q1 2024 revenue increased by 49% to $2735 million compared to Q1 2023[12] - Consolidated Adjusted EBITDA grew by $09 million in Q1 2024 compared to Q1 2023[12] - Net loss attributable to Viad increased by $42 million in Q1 2024 compared to Q1 2023, primarily due to higher non-operational items and income tax expense[13] Pursuit Segment - Pursuit's Q1 2024 revenue increased by 14% to $372 million year-over-year, driven by attractions ticket revenue[12, 15] - Attractions ticket revenue grew by 25% due to higher effective ticket prices and a 10% increase in visitors[15] - Pursuit's Adjusted EBITDA decreased by $08 million to $(111) million, reflecting increased operating costs to support higher business volume[12, 15] - Pursuit's same-store attraction ETP increased by 161% to $41[15] GES Segment - GES' Q1 2024 revenue increased by 36% to $2363 million year-over-year[12, 16] - GES Exhibitions revenue grew by approximately 5%, and Spiro revenue grew by approximately 7%[17] - GES' Adjusted EBITDA increased by $22 million to $189 million, with strong flow-through on revenue growth[12, 16] - US Exhibition Same-Show Revenue increased by 61%[16] Financial Outlook - The company expects consolidated Adjusted EBITDA to grow by approximately 16-30% from 2023[10] - The company anticipates Pursuit's revenue to increase by mid-single digits for FY24[18, 32] - The company anticipates GES' revenue to increase by low-double digits for FY24[18, 43]
Viad(VVI) - 2024 Q1 - Quarterly Report
2024-05-03 13:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to____________ Commission file number: 001-11015 Viad Corp (Exact name of registrant as specified in its charter) Delaware 36-1169950 (State or other jurisd ...
Viad(VVI) - 2024 Q1 - Quarterly Results
2024-05-02 20:11
Exhibit 99.1 VIAD CORP REPORTS 2024 FIRST QUARTER RESULTS SCOTTSDALE, May 2, 2024 -- Viad Corp (NYSE: VVI), a leading global provider of extraordinary experiences, including attractions, hospitality, exhibition management services, and experiential marketing, today reported results for the 2024 first quarter. Steve Moster, Viad's President and Chief Executive Officer, commented, "We delivered solid first quarter results that were in line with our expectations. Pursuit's 14% revenue growth during the seasona ...
Viad(VVI) - 2023 Q4 - Annual Report
2024-03-01 19:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 001-11015 Viad Corp (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...