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

Shares of Vail Resorts, Inc. (NYSE:MTN) have been assigned an average recommendation of “Hold” from the fourteen brokerages that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $151.4545.

Several equities research analysts have issued reports on the stock. Stifel Nicolaus cut their price objective on shares of Vail Resorts from $172.00 to $167.00 and set a “buy” rating for the company in a research report on Tuesday, June 9th. JPMorgan Chase & Co. upped their target price on Vail Resorts from $124.00 to $126.00 and gave the company a “neutral” rating in a research report on Tuesday, June 9th. Zacks Research lowered Vail Resorts from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 28th. Weiss Ratings reissued a “sell (d+)” rating on shares of Vail Resorts in a report on Tuesday, July 7th. Finally, Mizuho set a $174.00 price target on Vail Resorts in a research note on Tuesday, June 9th.

Institutional Investors Weigh In On Vail Resorts

A number of institutional investors have recently modified their holdings of the business. BOKF NA grew its stake in shares of Vail Resorts by 833.3% in the third quarter. BOKF NA now owns 168 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Vail Resorts by 815.8% during the second 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 period. Golden State Wealth Management LLC raised its stake in Vail Resorts by 83.3% in the 4th quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares in the last quarter. Danske Bank A S acquired a new stake in Vail Resorts in the 3rd quarter worth about $30,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Vail Resorts by 1,585.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company’s stock valued at $31,000 after purchasing an additional 222 shares during the period. Institutional investors own 94.90% of the company’s stock.

Vail Resorts Stock Performance

NYSE MTN opened at $151.48 on Tuesday. The stock has a market cap of $5.40 billion, a PE ratio of 34.43, a P/E/G ratio of 14.09 and a beta of 0.71. The company has a debt-to-equity ratio of 3.22, a quick ratio of 0.79 and a current ratio of 0.91. The firm has a 50-day moving average of $133.99 and a 200-day moving average of $134.33. Vail Resorts has a 52-week low of $118.51 and a 52-week high of $166.16.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, June 8th. The company reported $8.81 EPS for the quarter, missing analysts’ consensus estimates of $8.97 by ($0.16). The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.20 billion. Vail Resorts had a net margin of 5.38% and a return on equity of 21.88%. The firm’s quarterly revenue was down 7.0% on a year-over-year basis. During the same quarter last year, the company posted $10.54 EPS. On average, sell-side analysts anticipate that Vail Resorts will post 4.31 EPS for the current year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were given a dividend of $2.22 per share. The ex-dividend date was Thursday, June 25th. This represents a $8.88 annualized dividend and a yield of 5.9%. Vail Resorts’s dividend payout ratio (DPR) is presently 201.82%.

Vail Resorts Company Profile

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.