Vail Resorts, Inc. (NYSE:MTN) Receives $205.50 Average PT from Analysts

Shares of Vail Resorts, Inc. (NYSE:MTN) have been given a consensus rating of “Hold” by the ten brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $205.50.

Several equities analysts have recently commented on the stock. Truist Financial lowered their price target on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research report on Tuesday, December 10th. Morgan Stanley reiterated an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research report on Monday, December 23rd. Macquarie raised their price target on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Wednesday, December 11th. Mizuho increased their target price on shares of Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Finally, UBS Group began coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target on the stock.

Vail Resorts Stock Performance

Vail Resorts stock opened at $179.05 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.71 and a debt-to-equity ratio of 3.64. The stock has a 50 day moving average of $183.27 and a 200-day moving average of $179.04. The stock has a market cap of $6.70 billion, a P/E ratio of 29.74, a price-to-earnings-growth ratio of 2.22 and a beta of 1.12. Vail Resorts has a 52 week low of $165.00 and a 52 week high of $236.92.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. During the same period last year, the business earned ($4.60) EPS. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. On average, analysts expect that Vail Resorts will post 7.49 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 4.96%. Vail Resorts’s payout ratio is 147.51%.

Hedge Funds Weigh In On Vail Resorts

Several large investors have recently made changes to their positions in MTN. V Square Quantitative Management LLC bought a new stake in shares of Vail Resorts in the 3rd quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new position in shares of Vail Resorts in the 3rd quarter valued at $25,000. Brown Brothers Harriman & Co. grew its holdings in Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after purchasing an additional 153 shares during the period. UMB Bank n.a. increased its holdings in shares of Vail Resorts by 123.5% in the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after acquiring an additional 121 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its holdings in Vail Resorts by 165.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock worth $56,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

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.