Brokerages Set Vail Resorts, Inc. (NYSE:MTN) PT at $204.50

Shares of Vail Resorts, Inc. (NYSE:MTN) have earned a consensus recommendation of “Hold” from the ten analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $204.50.

Several research analysts have recently commented on the company. Mizuho boosted their target price on Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Stifel Nicolaus boosted their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Morgan Stanley restated an “equal weight” rating and set a $197.00 target price on shares of Vail Resorts in a report on Monday, December 23rd. JPMorgan Chase & Co. cut their price objective on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Finally, Macquarie increased their price objective on Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Wednesday, December 11th.

Vail Resorts Price Performance

Shares of Vail Resorts stock opened at $166.63 on Monday. The firm has a market cap of $6.24 billion, a P/E ratio of 27.68, a price-to-earnings-growth ratio of 2.07 and a beta of 1.11. The firm’s 50-day simple moving average is $181.58 and its 200-day simple moving average is $178.59. Vail Resorts has a twelve month low of $165.00 and a twelve month high of $236.92. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63.

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

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.33%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s payout ratio is currently 147.51%.

Institutional Inflows and Outflows

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

About Vail Resorts

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.