Vail Resorts (NYSE:MTN) Positioned for Strong Growth

Vail Resorts (NYSE:MTN) has positioned themselves solidly to generate revenue and earnings growth into the foreseeable future, says Barclays (NYSE:BCS).

"Given its premium resorts, strong balance sheet and effective marketing, we believe Vail is distinctively positioned in our coverage universe to drive revenue and earnings growth this year and beyond. Strong season pass sales and early signs of robust lodging bookings bode well for Vail's 2010/2011 ski season. Smart marketing (i.e. the addition of new pass products) should also bolster the growth of the company's resort operations. In addition, the acquisition of Northstar-at-Tahoe should augment Vail's organic growth in FY11," asserted the financial institution.

"Our FY11 EBTIDA and EPS estimates go to $220.6 million and $1.03 from $215.5 million and $0.92. Our FY12 EBTIDA and EPS estimates increase to $232.6 million and $1.18 from $214.8 million and $0.90," Barclays added.

Barclays maintains an 'Overweight' rating on Vail Resorts, which closed Wednesday at $51.26, up $0.56, or 1.10 percent. They raised their price target on Vail from $50 to $55.