Vail Resorts, Inc. (NYSE:MTN) Given Consensus Recommendation of “Hold” by Brokerages

Vail Resorts, Inc. (NYSE:MTN) has been assigned an average rating of “Hold” from the thirteen ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $173.2727.

Several equities analysts have recently commented on MTN shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Vail Resorts in a research report on Monday, December 29th. UBS Group reiterated a “neutral” rating and set a $169.00 price target on shares of Vail Resorts in a research report on Friday, January 16th. Wall Street Zen lowered shares of Vail Resorts from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Jefferies Financial Group raised shares of Vail Resorts from a “hold” rating to a “buy” rating and increased their target price for the company from $159.00 to $165.00 in a report on Tuesday, January 13th. Finally, Barclays set a $140.00 target price on shares of Vail Resorts in a research report on Wednesday, February 4th.

Vail Resorts Stock Performance

NYSE MTN opened at $134.49 on Friday. The company’s 50 day simple moving average is $140.64 and its two-hundred day simple moving average is $146.59. The company has a debt-to-equity ratio of 5.52, a current ratio of 0.54 and a quick ratio of 0.46. Vail Resorts has a 1 year low of $126.15 and a 1 year high of $175.51. The stock has a market capitalization of $4.81 billion, a PE ratio of 19.72, a P/E/G ratio of 8.31 and a beta of 0.81.

Vail Resorts (NYSE:MTN) last released its quarterly earnings results on Wednesday, December 10th. The company reported ($5.20) earnings per share for the quarter, topping the consensus estimate of ($5.23) by $0.03. The firm 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 quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($4.61) earnings per share. Analysts predict that Vail Resorts will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Tuesday, December 30th were paid a $2.22 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $8.88 annualized dividend and a dividend yield of 6.6%. Vail Resorts’s dividend payout ratio (DPR) is presently 130.21%.

Institutional Trading of Vail Resorts

Several large investors have recently added to or reduced their stakes in MTN. BOKF NA boosted its stake in shares of Vail Resorts by 833.3% during the 3rd quarter. BOKF NA now owns 168 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. NBT Bank N A NY raised its position in shares of Vail Resorts by 450.0% in the 3rd quarter. NBT Bank N A NY now owns 176 shares of the company’s stock worth $26,000 after acquiring an additional 144 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Vail Resorts by 815.8% in the 2nd 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. 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 period. Finally, Golden State Wealth Management LLC boosted its position in shares of Vail Resorts by 83.3% during the fourth quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

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.