Vail Resorts: Poised For A Strong Rebound With Improved Ski Conditions Next Year
Vail Resorts(MTN) Seeking Alpha·2024-09-08 08:00
gladassfanny/E+ via Getty Images Investment Overview Ski resort operator Vail Resorts (NYSE:MTN) made headlines this year after hitting a multi-year low. Underwhelming quarterly performances of late were to blame, driven by unfavorable skiing conditions across North America and Australia. It's now trading at levels last seen during the pandemic while boasting an enticing dividend yield, well above its historical averages. Also, based on multiple scenarios, its fair value computation points to a sizeable mar ...