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

Shares of Vail Resorts, Inc. (NYSE:MTN) have received a consensus rating of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $204.50.

MTN has been the topic of several recent research reports. Truist Financial dropped their price objective 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. Morgan Stanley reissued 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 lifted their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft boosted their target price on Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. Finally, Mizuho upped their target price on shares of Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th.

Vail Resorts Stock Down 0.3 %

Shares of MTN stock opened at $155.73 on Friday. 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 fifty day moving average price is $173.49 and its 200-day moving average price is $176.91. Vail Resorts has a one year low of $154.27 and a one year high of $235.81. The company has a market capitalization of $5.83 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 1.93 and a beta of 1.11.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($4.99) by $0.38. The firm had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the firm earned ($4.60) earnings per share. Sell-side analysts expect that Vail Resorts will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 5.70%. The ex-dividend date was Thursday, December 26th. Vail Resorts’s payout ratio is presently 147.51%.

Institutional Trading of Vail Resorts

A number of institutional investors and hedge funds have recently modified their holdings of MTN. Capital Performance Advisors LLP bought a new stake in Vail Resorts in the 3rd quarter valued at $25,000. Heck Capital Advisors LLC bought a new position in Vail Resorts during the fourth quarter valued at about $33,000. Blue Trust Inc. raised its holdings 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 acquiring an additional 148 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Vail Resorts in the 4th quarter worth approximately $40,000. Finally, GeoWealth Management LLC lifted its holdings in shares of Vail Resorts by 162.2% during the 4th quarter. GeoWealth Management LLC now owns 291 shares of the company’s stock worth $55,000 after acquiring an additional 180 shares during the period. 94.94% of the stock is currently 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.