Vail Resorts, Inc. (NYSE:MTN) Given Average Rating of “Hold” by Brokerages

Vail Resorts, Inc. (NYSE:MTN) has been given a consensus rating of “Hold” by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $204.50.

A number of research analysts have issued reports on MTN shares. Barclays upped their price objective on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday, December 10th. Truist Financial cut their price target on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a report on Tuesday, December 10th. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Morgan Stanley reiterated an “equal weight” rating and issued a $197.00 target price on shares of Vail Resorts in a research note on Monday, December 23rd. Finally, UBS Group initiated coverage on shares of Vail Resorts in a research note on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target for the company.

Institutional Trading of Vail Resorts

Hedge funds and other institutional investors have recently made changes to their positions in the stock. V Square Quantitative Management LLC bought a new position in Vail Resorts in the 3rd quarter worth about $25,000. Capital Performance Advisors LLP bought a new position in shares of Vail Resorts in the third quarter valued at approximately $25,000. Heck Capital Advisors LLC bought a new position in shares of Vail Resorts in the fourth quarter valued at approximately $33,000. Blue Trust Inc. grew its stake in Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after acquiring an additional 148 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in Vail Resorts during the 4th quarter worth approximately $40,000. 94.94% of the stock is currently owned by institutional investors.

Vail Resorts Stock Down 0.9 %

MTN opened at $167.95 on Monday. Vail Resorts has a fifty-two week low of $165.00 and a fifty-two week high of $236.92. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The company’s 50-day moving average is $181.10 and its 200 day moving average is $178.41. The firm has a market capitalization of $6.29 billion, a P/E ratio of 27.90, a PEG ratio of 2.07 and a beta of 1.11.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. The firm had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm earned ($4.60) EPS. Research analysts expect that Vail Resorts will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 5.29%. Vail Resorts’s payout ratio is 147.51%.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.