Intrawest Resorts Holdings Inc. (NYSE:SNOW) has been assigned a consensus recommendation of “Buy” from the six research firms that are currently covering the company. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $13.25.
Separately, Zacks Investment Research cut shares of Intrawest Resorts Holdings from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 17th.
Institutional investors have recently bought and sold shares of the stock. Bogle Investment Management L P DE purchased a new position in Intrawest Resorts Holdings during the first quarter worth $530,000. Yakira Capital Management Inc. purchased a new position in Intrawest Resorts Holdings during the first quarter worth $123,000. Hancock Holding Co. raised its position in Intrawest Resorts Holdings by 4.4% in the second quarter. Hancock Holding Co. now owns 12,008 shares of the company’s stock worth $156,000 after buying an additional 505 shares during the period. Mesirow Financial Investment Management Equity Management raised its position in Intrawest Resorts Holdings by 28.2% in the second quarter. Mesirow Financial Investment Management Equity Management now owns 29,019 shares of the company’s stock worth $377,000 after buying an additional 6,384 shares during the period. Finally, Mesirow Financial Investment Management US Value Equity purchased a new position in Intrawest Resorts Holdings during the first quarter worth $194,000. Hedge funds and other institutional investors own 93.19% of the company’s stock.
Intrawest Resorts Holdings (NYSE:SNOW) opened at 16.44 on Wednesday. Intrawest Resorts Holdings has a 52-week low of $6.95 and a 52-week high of $18.06. The firm has a market capitalization of $653.82 million, a PE ratio of 17.49 and a beta of 0.98. The firm’s 50-day moving average is $16.35 and its 200-day moving average is $12.81.
Intrawest Resorts Holdings (NYSE:SNOW) last announced its earnings results on Thursday, September 8th. The company reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of ($1.47) by $0.02. The business earned $65.05 million during the quarter, compared to analyst estimates of $58.29 million. Intrawest Resorts Holdings had a net margin of 7.16% and a return on equity of 16.89%. The business’s revenue was down 7.9% compared to the same quarter last year. During the same period in the previous year, the firm earned ($1.19) earnings per share. On average, analysts anticipate that Intrawest Resorts Holdings will post $0.52 earnings per share for the current year.
About Intrawest Resorts Holdings
Intrawest Resorts Holdings, Inc is a mountain resort, adventure and real estate company. The Company operates through three segments: Mountain, Adventure and Real Estate. The Mountain segment includes its mountain resort and lodging operations at Steamboat, Winter Park, Tremblant, Stratton, Snowshoe and Blue Mountain.
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