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

Shares of Vail Resorts, Inc. (NYSE:MTN) have received an average rating of “Hold” from the twelve analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $176.30.

A number of equities analysts recently weighed in on MTN shares. Wall Street Zen cut Vail Resorts from a “hold” rating to a “sell” rating in a research note on Friday, October 3rd. Zacks Research raised shares of Vail Resorts from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 11th. Morgan Stanley reduced their target price on Vail Resorts from $153.00 to $151.00 and set an “equal weight” rating for the company in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $169.00 price target on Vail Resorts in a report on Thursday, December 11th. Finally, JPMorgan Chase & Co. increased their price objective on Vail Resorts from $168.00 to $172.00 and gave the stock a “neutral” rating in a research note on Thursday, December 11th.

Vail Resorts Stock Performance

MTN opened at $139.85 on Friday. The company has a debt-to-equity ratio of 5.52, a current ratio of 0.54 and a quick ratio of 0.46. The business has a 50 day moving average price of $146.49 and a two-hundred day moving average price of $152.17. Vail Resorts has a 1-year low of $129.85 and a 1-year high of $191.57. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 10.74 and a beta of 0.81.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Wednesday, December 10th. The company reported ($5.20) earnings per share for the quarter, beating the consensus estimate of ($5.23) by $0.03. The company had revenue of $271.03 million during the quarter, compared to analyst estimates 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 for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the firm posted ($4.61) EPS. Research analysts predict that Vail Resorts will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Tuesday, December 30th will be issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Tuesday, December 30th. Vail Resorts’s dividend payout ratio (DPR) is currently 130.21%.

Insider Transactions at Vail Resorts

In related news, CFO Angela A. Korch bought 210 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was bought at an average price of $155.00 per share, with a total value of $32,550.00. Following the purchase, the chief financial officer directly owned 4,905 shares of the company’s stock, valued at approximately $760,275. This represents a 4.47% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. BOKF NA increased its holdings in Vail Resorts by 833.3% in the third quarter. BOKF NA now owns 168 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Vail Resorts by 815.8% in the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after acquiring an additional 155 shares in the last quarter. NBT Bank N A NY increased its stake in shares of Vail Resorts by 450.0% during the 3rd quarter. NBT Bank N A NY now owns 176 shares of the company’s stock worth $26,000 after purchasing an additional 144 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Vail Resorts by 196.8% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company’s stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in Vail Resorts by 676.0% during the second quarter. Farther Finance Advisors LLC now owns 194 shares of the company’s stock worth $30,000 after buying an additional 169 shares during the last quarter. 94.90% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Company Profile

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.