
Viad Corp (VVI) Stock Forecast & Price Target
Viad Corp (VVI) Analyst Ratings
Bulls say
Viad Corp has experienced significant growth in its Pursuit segment, with revenue increasing by 14.4% year-over-year to $101.2 million, surpassing expectations, while hospitality same-store RevPAR rose by 8%, indicating robust room revenue growth across all geographies. Additionally, the company's GES segment posted a remarkable revenue increase of 19.6% year-over-year, reaching $277.3 million, which also exceeded estimates. Furthermore, adjusted earnings per share (EPS) of $0.97 outperformed both internal and consensus estimates, reflecting the company’s strong financial performance and positive outlook for the coming years.
Bears say
The financial outlook for Viad Corp is negatively impacted by an 11% decrease in FY24E adjusted EBITDA, primarily due to the adverse effects of wildfires on the Pursuit segment in Q3. Revenue from Jasper Lodges and Attractions experienced a significant year-over-year decline of $22 million, contributing to increased uncertainty around recovery rates, particularly as overall macroeconomic conditions remain volatile. Furthermore, a cyclical downturn in GDP growth at both domestic and international levels poses a risk of further deterioration in the company's financial performance, complicating the recovery trajectory and creating ambiguity regarding future earnings from business interruption insurance claims.
This aggregate rating is based on analysts' research of Viad Corp and is not a guaranteed prediction by Public.com or investment advice.
Viad Corp (VVI) Analyst Forecast & Price Prediction
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