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

Shares of Vail Resorts, Inc. (NYSE:MTN) have earned an average rating of “Hold” from the twelve brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $174.90.

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Vail Resorts from $170.00 to $165.00 and set a “hold” rating for the company in a report on Wednesday, September 17th. Barclays lowered their price target on Vail Resorts from $152.00 to $145.00 and set an “underweight” rating for the company in a research report on Tuesday, September 30th. Zacks Research lowered Vail Resorts from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 1st. Morgan Stanley reduced their price objective on Vail Resorts from $155.00 to $146.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 1st. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 price target (down previously from $180.00) on shares of Vail Resorts in a report on Tuesday, September 30th.

Insiders Place Their Bets

In related news, CFO Angela A. Korch acquired 210 shares of Vail Resorts stock in a transaction on Tuesday, October 7th. The stock was acquired at an average price of $155.00 per share, for a total transaction of $32,550.00. Following the purchase, the chief financial officer owned 4,905 shares of the company’s stock, valued at approximately $760,275. This represents a 4.47% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Bamco Inc. NY lifted its stake in shares of Vail Resorts by 3.6% in the 2nd quarter. Bamco Inc. NY now owns 5,475,549 shares of the company’s stock valued at $860,373,000 after purchasing an additional 191,327 shares during the period. Principal Financial Group Inc. raised its holdings in Vail Resorts by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 1,654,081 shares of the company’s stock worth $264,686,000 after purchasing an additional 5,788 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Vail Resorts by 2.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,320,763 shares of the company’s stock worth $207,531,000 after purchasing an additional 31,852 shares in the last quarter. First Pacific Advisors LP grew its holdings in Vail Resorts by 23.4% in the second quarter. First Pacific Advisors LP now owns 993,735 shares of the company’s stock valued at $156,146,000 after purchasing an additional 188,151 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Vail Resorts by 0.3% in the second quarter. Geode Capital Management LLC now owns 691,467 shares of the company’s stock valued at $108,668,000 after buying an additional 2,274 shares in the last quarter. 94.90% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Price Performance

NYSE MTN opened at $148.92 on Friday. Vail Resorts has a 12-month low of $129.85 and a 12-month high of $199.45. The firm’s fifty day simple moving average is $152.79 and its two-hundred day simple moving average is $152.12. The company has a current ratio of 0.63, a quick ratio of 0.56 and a debt-to-equity ratio of 3.44. The firm has a market capitalization of $5.34 billion, a P/E ratio of 20.10, a P/E/G ratio of 2.47 and a beta of 0.86.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, September 29th. The company reported ($5.08) earnings per share for the quarter, missing the consensus estimate of ($4.75) by ($0.33). The business had revenue of $271.29 million during the quarter, compared to analyst estimates of $272.87 million. Vail Resorts had a return on equity of 31.54% and a net margin of 9.45%.Vail Resorts’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($4.67) EPS. Analysts forecast that Vail Resorts will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 27th. Investors of record on Thursday, October 9th will be issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Thursday, October 9th. Vail Resorts’s dividend payout ratio (DPR) is 119.84%.

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.