Company profile

Ticker
MTN
Exchange
CEO
Robert A. Katz
Employees
Incorporated in
Location
Fiscal year end
Former names
Gillett Holdings Inc
SEC CIK
IRS number
510291762

MTN stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

9 Mar 20
3 Jun 20
31 Jul 20

News

Company financial data Financial data

Quarter (USD) Jan 20 Oct 19 Jul 19 Apr 19
Revenue 924.64M 267.77M 244.01M 957.99M
Net income 206.37M -106.48M -89.53M 292.13M
Diluted EPS 5.04 -2.64 -2.22 7.12
Net profit margin 22.32% -39.76% -36.69% 30.49%
Operating income 310.73M -135.53M -120.58M 422.6M
Net change in cash -9.53M 27.48M 49.21M -98.93M
Cash on hand 126.79M 136.33M 108.85M 59.64M
Annual (USD) Jul 19 Jul 18 Jul 17 Jul 16
Revenue 2.27B 2.01B 1.91B 1.6B
Net income 301.16M 379.9M 210.55M 149.75M
Diluted EPS 7.32 9.13 5.22 4.01
Net profit margin 13.26% 18.89% 11.04% 9.35%
Operating income 476.27M 408.82M 379.26M 282.98M
Net change in cash -69.3M 60.76M 49.49M 32.44M
Cash on hand 108.85M 178.15M 117.39M 67.9M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
12 Dec 19 David T Shapiro Common Stock Sell Dispose S 241.24 700 168.87K 1,290
12 Dec 19 David T Shapiro Common Stock Sell Dispose S 240.38 1,161 279.08K 1,990
11 Dec 19 David T Shapiro Common Stock Option exercise Aquire M 107.42 1,500 161.13K 4,190
11 Dec 19 David T Shapiro Common Stock Payment of exercise Dispose F 238.18 4,192 998.45K 2,690
11 Dec 19 David T Shapiro Common Stock Option exercise Aquire M 160.56 5,127 823.19K 6,882
11 Dec 19 David T Shapiro Common Stock Payment of exercise Dispose F 238.18 1,074 255.81K 1,755
11 Dec 19 David T Shapiro Common Stock Payment of exercise Dispose F 238.18 1,039 247.47K 3,151
11 Dec 19 David T Shapiro Share Appreciation Right Common Stock Option exercise Dispose M 107.42 1,500 161.13K 8,440
11 Dec 19 David T Shapiro Share Appreciation Right Common Stock Option exercise Dispose M 160.56 5,127 823.19K 0
11 Dec 19 David T Shapiro Share Appreciation Right Common Stock Option exercise Dispose M 109.69 1,539 168.81K 0
97.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 378 417 -9.4%
Opened positions 63 67 -6.0%
Closed positions 102 49 +108.2%
Increased positions 115 162 -29.0%
Reduced positions 153 123 +24.4%
13F shares
Current Prev Q Change
Total value 5.8B 9.55B -39.2%
Total shares 39.3M 39.64M -0.9%
Total puts 368K 178.7K +105.9%
Total calls 304.7K 237.9K +28.1%
Total put/call ratio 1.2 0.8 +60.8%
Largest owners
Shares Value Change
Bamco 4.52M $666.96M -0.8%
N Price T Rowe Associates 4.13M $609.51M -26.3%
Vanguard 3.88M $573.02M +1.8%
BLK BlackRock 2.26M $334.14M -12.3%
Select Equity 1.89M $279.67M +59.5%
Capital International Investors 1.84M $272.2M +145.6%
PFG Principal Financial 1.71M $253.14M +1.7%
FMR 1.32M $194.48M +125.1%
WFC Wells Fargo & Co. 1.08M $159.65M -10.4%
STT State Street 967K $144.46M +1.3%
Largest transactions
Shares Bought/sold Change
N Price T Rowe Associates 4.13M -1.47M -26.3%
Capital International Investors 1.84M +1.09M +145.6%
William Blair Investment Management 0 -1M EXIT
FMR 1.32M +731.79K +125.1%
Select Equity 1.89M +705.95K +59.5%
Durable Capital Partners 590.81K +590.81K NEW
Victory Capital Management 6K -488.4K -98.8%
FDx Advisors 452.74K +452.74K NEW
Norges Bank 0 -365.34K EXIT
BLK BlackRock 2.26M -318.64K -12.3%

Financial report summary

?
Competition
DoubletreeDoubletree
Risks
  • We are subject to the risk of prolonged weakness in general economic conditions including adverse effects on the overall travel and leisure related industries.
  • We are vulnerable to unfavorable weather conditions and the impact of natural disasters.
  • Failure to maintain the integrity and security of our internal, employee or guest data could result in damages to our reputation and subject us to costs, fines or lawsuits.
  • Cyber-attacks could disrupt our business.
  • Leisure and business travel are particularly susceptible to various factors outside of our control, including terrorism, the uncertainty of military conflicts, outbreaks of contagious diseases, the cost and availability of travel options and change in consumer preferences.
  • Our business is highly seasonal.
  • We face significant competition.
  • The high fixed cost structure of mountain resort operations can result in significantly lower margins if revenues decline.
  • We may not be able to fund resort capital expenditures.
  • A disruption in our water supply would impact our snowmaking capabilities and operations
  • We rely on various government permits and landlord approvals at our U.S. resorts.
  • We rely on foreign government leases and landlord approvals, and are subject to certain related laws and regulations, at our international resorts.
  • We are subject to extensive environmental and health and safety laws and regulations in the ordinary course of business.
  • Changes in security and privacy laws and regulations could increase our operating costs, increase our exposure to fines and litigation, and adversely affect our ability to market our products, properties and services effectively
  • We rely on information technology to operate our businesses and maintain our competitiveness, and any failure to adapt to technological developments or industry trends could harm our business or competitive position.
  • We depend on a seasonal workforce.
  • We are subject to risks associated with our workforce, including increased labor costs.
  • If we do not retain our key personnel, our business may suffer.
  • We are subject to litigation in the ordinary course of business.
  • Our business depends on the quality and reputation of our brands, and any deterioration in the quality or reputation of these brands could have an adverse impact on our business.
  • There is a risk of accidents occurring at our mountain resorts or competing mountain resorts which may reduce visitation and negatively impact our operations.
  • Our acquisitions, including Hotham, Falls Creek or Peak Resorts, might not be successful.
  • We have recently acquired companies that were not subject to rules and regulations promulgated under the Sarbanes-Oxley Act of 2002, as amended (“Sarbanes-Oxley”), and, therefore, they may lack the internal controls of a U.S. public company, which could ultimately affect our ability to ensure compliance with the requirements of Section 404 of Sarbanes-Oxley
  • Our international operations subject us to additional risks.
  • Exchange rate fluctuations could result in significant foreign currency gains and losses and affect our business results.
  • We are subject to accounting and tax regulations and use certain estimates and judgments that may differ significantly from actual results, including adverse determinations by tax authorities.
  • Our stock price is highly volatile.
  • We cannot provide assurance that we will continue to increase dividend payments and/or pay dividends.
  • Anti-takeover provisions affecting us could prevent or delay a change of control that is beneficial to our stockholders.
  • Our indebtedness could adversely affect our financial health and prevent us from fulfilling our obligations.
  • Restrictions imposed by the terms of our indebtedness may prevent or limit our future business plans.
  • We cannot guarantee that we will repurchase our common stock pursuant to our share repurchase program or that our share repurchase program will enhance long-term stockholder value. Share repurchases could also increase the volatility of the price of our common stock and could diminish our cash reserves
Management Discussion
  • The consolidated condensed results of operations, including any consolidated financial metrics pertaining thereto, include the operations of Peak Resorts (acquired September 24, 2019), Falls Creek and Hotham (acquired April 4, 2019), Triple Peaks (acquired September 27, 2018) and Stevens Pass (acquired August 15, 2018), prospectively from their respective dates of acquisition.
  • Mountain segment operating results for the three months ended January 31, 2020 and 2019 are presented by category as follows (in thousands, except effective ticket price (“ETP”)). ETP is calculated as lift revenue divided by total skier visits for each applicable period presented.
  • Mountain Reported EBITDA includes $4.6 million and $4.3 million of stock-based compensation expense for the three months ended January 31, 2020 and 2019, respectively.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Avg
New words: accrual, acre, app, automated, Bay, chairlift, China, converting, critical, digital, Dolomiti, enhance, EpicMix, Europe, expansion, France, Francisco, Hakuba, holistic, Idaho, instrument, Italy, Japan, led, Les, lowest, marked, McCoy, modestly, Northwest, online, optimize, outbreak, Pacific, personalization, Peru, platform, poor, popular, revamp, Rusutsu, San, scalability, scheduling, seating, shifted, signature, Skirama, Snowbasin, speed, spread, Sun, Switzerland, Telluride, user, valid, view, weaker, week, worsen
Removed: agency, asphalt, BBQ, California, CDFW, central, cooperated, Daisy, disposition, electrical, Entry, Fish, Foundation, fulfilled, fulfillment, half, Kirkwood, lighting, lot, monetary, Notice, NOV, parking, Perisher, received, remediation, replacing, requested, resolution, resolve, responsible, run, satisfactorily, settlement, Stipulated, Stipulation, surfacing, sustainability, Tahoe, tenant, Teocalli, Tombstone, upgrading, Violation, Wildlife, window