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

Vail Resorts, Inc. (NYSE:MTN) has been assigned an average recommendation of “Hold” from the ten research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $205.50.

Several brokerages have recently commented on MTN. Truist Financial dropped their price target on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft raised their target price on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Morgan Stanley reiterated an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research note on Monday, December 23rd. Macquarie raised their price objective on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. Finally, Mizuho increased their price target on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th.

Institutional Trading of Vail Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Everence Capital Management Inc. acquired a new stake in Vail Resorts during the fourth quarter worth about $347,000. Inspire Trust Co. N.A. grew its holdings in shares of Vail Resorts by 33.8% during the 3rd quarter. Inspire Trust Co. N.A. now owns 7,800 shares of the company’s stock worth $1,359,000 after purchasing an additional 1,970 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Vail Resorts during the third quarter valued at approximately $87,000. TD Private Client Wealth LLC raised its stake in shares of Vail Resorts by 25.1% in the third quarter. TD Private Client Wealth LLC now owns 14,053 shares of the company’s stock valued at $2,449,000 after purchasing an additional 2,817 shares in the last quarter. Finally, Arete Wealth Advisors LLC bought a new position in Vail Resorts in the third quarter worth $278,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Price Performance

MTN opened at $179.72 on Thursday. The stock has a fifty day moving average price of $182.72 and a 200 day moving average price of $179.04. The company has a current ratio of 0.63, a quick ratio of 0.71 and a debt-to-equity ratio of 3.64. Vail Resorts has a 1 year low of $165.00 and a 1 year high of $236.92. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 29.85, a PEG ratio of 2.22 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. During the same period in the previous year, the company earned ($4.60) EPS. The firm’s revenue was up .7% on a year-over-year basis. Analysts forecast that Vail Resorts will post 7.49 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be paid a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 4.94%. The ex-dividend date of this dividend is Thursday, December 26th. Vail Resorts’s payout ratio is currently 147.51%.

Vail Resorts Company Profile

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.