Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Vail Resorts (NYSE:MTN) Stock Price

Vail Resorts (NYSE:MTN) had its price objective lowered by equities research analysts at Deutsche Bank Aktiengesellschaft from $159.00 to $151.00 in a research note issued to investors on Friday,MarketScreener reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 8.49% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group upgraded Vail Resorts from a “hold” rating to a “buy” rating and upped their price objective for the company from $159.00 to $165.00 in a research note on Tuesday, January 13th. JPMorgan Chase & Co. lifted their target price on Vail Resorts from $168.00 to $172.00 and gave the stock a “neutral” rating in a research note on Thursday, December 11th. UBS Group reissued a “neutral” rating and issued a $169.00 price target on shares of Vail Resorts in a report on Friday, January 16th. Zacks Research raised Vail Resorts from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Finally, Morgan Stanley set a $150.00 target price on shares of Vail Resorts in a research report on Friday, January 16th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Vail Resorts presently has a consensus rating of “Hold” and a consensus target price of $172.82.

Vail Resorts Trading Down 0.8%

NYSE:MTN opened at $139.18 on Friday. Vail Resorts has a twelve month low of $126.15 and a twelve month high of $175.51. The business has a 50 day moving average price of $137.54 and a two-hundred day moving average price of $145.26. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 5.52. The company has a market cap of $4.98 billion, a P/E ratio of 20.41, a price-to-earnings-growth ratio of 8.42 and a beta of 0.78.

Vail Resorts (NYSE:MTN) last released its earnings results on Wednesday, December 10th. The company reported ($5.20) earnings per share (EPS) 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 return on equity of 32.51% and a net margin of 8.94%.Vail Resorts’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company posted ($4.61) earnings per share. As a group, analysts expect that Vail Resorts will post 7.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Capital World Investors raised its stake in Vail Resorts by 67.0% in the third quarter. Capital World Investors now owns 3,013,463 shares of the company’s stock valued at $450,724,000 after purchasing an additional 1,208,874 shares in the last quarter. GRS Advisors LLC purchased a new position in Vail Resorts in the 2nd quarter worth approximately $71,753,000. HighTower Advisors LLC increased its holdings in shares of Vail Resorts by 15,313.2% in the 4th quarter. HighTower Advisors LLC now owns 450,066 shares of the company’s stock worth $59,769,000 after buying an additional 447,146 shares during the last quarter. Norges Bank bought a new position in shares of Vail Resorts in the 2nd quarter worth $51,685,000. Finally, Bamco Inc. NY raised its position in shares of Vail Resorts by 4.1% during the 3rd quarter. Bamco Inc. NY now owns 5,702,692 shares of the company’s stock valued at $852,952,000 after buying an additional 227,143 shares in the last quarter. Hedge funds and other 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.