Peak Resorts (NASDAQ:SKIS) released its quarterly earnings data on Thursday. The company reported ($0.66) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.64) by ($0.02), Bloomberg Earnings reports. The company had revenue of $8.84 million for the quarter, compared to analysts’ expectations of $8.64 million. Peak Resorts had a negative net margin of 0.20% and a negative return on equity of 0.38%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the company posted ($0.57) EPS.

Peak Resorts (NASDAQ:SKIS) traded up $0.05 on Thursday, reaching $5.15. The company’s stock had a trading volume of 5,700 shares, compared to its average volume of 48,871. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 2.77. Peak Resorts has a twelve month low of $4.00 and a twelve month high of $6.20.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 10th. Shareholders of record on Thursday, October 26th were issued a $0.07 dividend. The ex-dividend date was Wednesday, October 25th. This represents a $0.28 dividend on an annualized basis and a yield of 5.44%. Peak Resorts’s dividend payout ratio (DPR) is -127.27%.

A hedge fund recently raised its stake in Peak Resorts stock. Vanguard Group Inc. boosted its position in Peak Resorts, Inc. (NASDAQ:SKIS) by 63.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 419,553 shares of the company’s stock after purchasing an additional 162,100 shares during the quarter. Vanguard Group Inc. owned approximately 3.00% of Peak Resorts worth $1,720,000 at the end of the most recent quarter. 44.92% of the stock is owned by institutional investors and hedge funds.

SKIS has been the subject of a number of research analyst reports. Zacks Investment Research raised Peak Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. FBR & Co reaffirmed a “buy” rating and issued a $6.00 price target on shares of Peak Resorts in a research note on Thursday, September 7th. Oppenheimer reaffirmed a “buy” rating and issued a $7.00 price target on shares of Peak Resorts in a research note on Thursday, September 7th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Peak Resorts in a research note on Thursday, September 7th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $6.00 price target on shares of Peak Resorts in a research note on Tuesday, September 19th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Peak Resorts currently has an average rating of “Buy” and a consensus price target of $6.17.

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About Peak Resorts

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.

Earnings History for Peak Resorts (NASDAQ:SKIS)

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