Analysts Set Vail Resorts, Inc. (NYSE:MTN) Target Price at $183.60

Shares of Vail Resorts, Inc. (NYSE:MTN) have received a consensus rating of “Hold” from the ten research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $183.60.

Several equities research analysts recently issued reports on the stock. Morgan Stanley restated an “equal weight” rating on shares of Vail Resorts in a report on Friday, June 6th. Mizuho raised their target price on shares of Vail Resorts from $215.00 to $216.00 and gave the stock an “outperform” rating in a report on Friday, June 6th. Bank of America lifted their price target on shares of Vail Resorts from $160.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 28th. JPMorgan Chase & Co. upgraded shares of Vail Resorts from an “underweight” rating to a “neutral” rating and set a $167.00 price target on the stock in a research note on Wednesday, May 28th. Finally, UBS Group dropped their price target on shares of Vail Resorts from $185.00 to $169.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 11th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MTN. EverSource Wealth Advisors LLC boosted its stake in shares of Vail Resorts by 815.8% during 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 during the last quarter. SouthState Corp purchased a new position in shares of Vail Resorts during the 1st quarter worth $29,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Vail Resorts by 196.8% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company’s stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Vail Resorts by 676.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 194 shares of the company’s stock valued at $30,000 after buying an additional 169 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in shares of Vail Resorts during the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Vail Resorts Trading Up 2.6%

Shares of MTN stock opened at $147.37 on Wednesday. Vail Resorts has a 12-month low of $129.85 and a 12-month high of $199.45. The company has a current ratio of 0.61, a quick ratio of 0.54 and a debt-to-equity ratio of 1.70. The firm’s 50 day moving average is $154.33 and its 200 day moving average is $153.00. The stock has a market capitalization of $5.47 billion, a P/E ratio of 18.85, a P/E/G ratio of 1.88 and a beta of 0.87.

About Vail Resorts

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.