Vail Resorts, Inc. (NYSE:MTN) Receives $173.27 Consensus PT from Analysts

Shares of Vail Resorts, Inc. (NYSE:MTN) have received a consensus recommendation of “Hold” from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $173.2727.

MTN has been the topic of several analyst reports. UBS Group restated a “neutral” rating and set a $169.00 price target on shares of Vail Resorts in a research report on Friday, January 16th. JPMorgan Chase & Co. raised their target price on Vail Resorts from $168.00 to $172.00 and gave the company a “neutral” rating in a research report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $156.00 price target on shares of Vail Resorts in a report on Wednesday, January 14th. Zacks Research raised Vail Resorts from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Finally, Jefferies Financial Group upgraded Vail Resorts from a “hold” rating to a “buy” rating and boosted their price objective for the company from $159.00 to $165.00 in a research report on Tuesday, January 13th.

Institutional Investors Weigh In On Vail Resorts

Several institutional investors have recently bought and sold shares of MTN. Bamco Inc. NY raised its holdings in shares of Vail Resorts by 4.1% during the third quarter. Bamco Inc. NY now owns 5,702,692 shares of the company’s stock valued at $852,952,000 after acquiring an additional 227,143 shares during the last quarter. Capital International Investors increased its position in shares of Vail Resorts by 1.5% during the third quarter. Capital International Investors now owns 5,002,662 shares of the company’s stock worth $748,248,000 after purchasing an additional 74,528 shares in the last quarter. Capital World Investors increased its position in shares of Vail Resorts by 6.1% during the fourth quarter. Capital World Investors now owns 3,196,445 shares of the company’s stock worth $424,488,000 after purchasing an additional 182,982 shares in the last quarter. Oasis Management Co Ltd. raised its stake in Vail Resorts by 8.3% in the 4th quarter. Oasis Management Co Ltd. now owns 1,851,234 shares of the company’s stock valued at $245,844,000 after purchasing an additional 141,500 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Vail Resorts by 2.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,320,763 shares of the company’s stock valued at $207,531,000 after purchasing an additional 31,852 shares in the last quarter. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Stock Up 3.2%

Shares of MTN stock opened at $142.16 on Friday. Vail Resorts has a twelve month low of $126.15 and a twelve month high of $175.51. The stock has a market cap of $5.09 billion, a P/E ratio of 20.84, a P/E/G ratio of 8.36 and a beta of 0.81. The stock has a 50 day moving average of $140.30 and a 200 day moving average of $146.26. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 5.52.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Wednesday, December 10th. The company reported ($5.20) EPS for the quarter, topping analysts’ consensus estimates of ($5.23) by $0.03. The business had revenue of $271.03 million for the quarter, compared to analysts’ expectations of $273.35 million. Vail Resorts had a net margin of 8.94% and a return on equity of 32.51%. The business’s revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the company earned ($4.61) EPS. As a group, sell-side analysts expect that Vail Resorts will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Tuesday, December 30th were issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, December 30th. Vail Resorts’s dividend payout ratio (DPR) is presently 130.21%.

About Vail Resorts

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.