NEW YORK, March 2, 2017 /PRNewswire/ --
Demand in the Resort and Casino industry is often driven by travel, whether business or leisure. Consumer income also directly affects the frequenting of establishments in this category, as does the state of the economy. Ahead of today's trading session, Stock-Callers.com puts investors' attention back on: Penn National Gaming Inc. (NASDAQ: PENN), La Quinta Holdings Inc. (NYSE: LQ), ILG Inc. (NASDAQ: ILG), and Vail Resorts Inc. (NYSE: MTN). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
Penn National Gaming
On Wednesday, shares in Wyomissing, Pennsylvania-based Penn National Gaming Inc. recorded a trading volume of 905,358 shares. The stock ended at $14.63, up 1.11% from the last trading session. The Company's shares have gained 5.71% in the last one month, 6.32% over the previous three months, and 6.09% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.83% and 4.38%, respectively. Furthermore, shares of Penn National Gaming, which owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment, have a Relative Strength Index (RSI) of 59.49.
On February 02nd, 2017, Penn reported revenue of $742.9 million for Q4 2016 compared to revenue of $734.0 million in Q4 2015. The Company posted net income of $5.0 million in Q4 2016 compared to net loss of $9.1 million in Q4 2015. The Company also announced that its Board of Directors authorized a $100 million common stock share repurchase program for a period of two years.
On February 10th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock, with a target price of $14 per share. Visit us today and access our complete research report on PENN at:
Irving, Texas headquartered La Quinta Holdings Inc.'s stock finished yesterday's session 0.72% lower at $13.76. A total volume of 2.03 million shares was traded, which was above their three months average volume of 1.09 million shares. The Company's shares have gained 12.79% over the previous three months. The stock is trading above its 200-day moving average by 12.68%. Furthermore, shares of La Quinta Holdings, which owns, operates, and franchises select-service hotels under the La Quinta brand, have an RSI of 40.29.
On February 28th, 2017, La Quinta posted revenue of $222.62 million for Q4 2016 compared to revenue of $228.88 million in Q4 2015. The Company reported Q4 2016 net loss of $28,000 while net loss per share was flat. During Q4 2016, the Company opened a total of 13 franchised hotels (1,100 rooms), including one temporary franchised hotel related to a formerly owned hotel that is in the process of leaving the system. The complimentary report on LQ can be downloaded at:
At the closing bell on Wednesday, shares in Miami, Florida headquartered ILG Inc. climbed 2.28%, ending the day at $19.31. The stock recorded a trading volume of 1.56 million shares, which was higher than its three months average volume of 671,440 shares. The Company's shares have advanced 4.15% in the last one month, 7.63% over the previous three months, and 6.27% since the start of this year. The stock is trading 4.11% above its 50-day moving average and 13.34% above its 200-day moving average. Moreover, shares of ILG, which together with its subsidiaries, provides non-traditional lodging covering a portfolio of leisure businesses from vacation exchange and rental to vacation ownership, have an RSI of 58.25.
On March 01st, 2017, Vacation Resorts International, a provider of management and leisure services to vacation owners and an operating business of ILG, announced that it has entered into a property management agreement with A Place at the Beach III located in picturesque Atlantic Beach, North Carolina. Register for free on Stock-Callers.com and access the latest research report on ILG at:
Broomfield, Colorado headquartered Vail Resorts Inc.'s stock ended the day 1.30% higher at $183.54 with a total trading volume of 376,914 shares. The Company's shares have gained 7.64% in the last month, 12.56% over the previous three months, and 13.78% on an YTD basis. The stock is trading 8.33% above its 50-day moving average and 19.25% above its 200-day moving average. Additionally, shares of Vail Resorts, which through its subsidiaries, operates mountain resorts and urban ski areas in the US, have an RSI of 69.67.
On February 24th, 2017, Vail Resorts announced the renewal of Whistler Blackcomb's Master Development Agreements with the Province of British Columbia and approval of the associated Master Plans. The Company stated that the execution of these 60-year agreements provides future certainty for Whistler Blackcomb's operations and are a positive benefit for the local communities and the Province of British Columbia. Get free access to your research report on MTN at:
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