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

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

A number of equities analysts recently issued reports on MTN shares. Barclays increased their target price on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research report on Tuesday, December 10th. Mizuho raised their price objective on shares of Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Morgan Stanley reaffirmed an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research note on Monday, December 23rd. Stifel Nicolaus boosted their price objective on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th.

Institutional Investors Weigh In On Vail Resorts

Large investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its position in Vail Resorts by 673.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company’s stock worth $114,481,000 after purchasing an additional 553,337 shares in the last quarter. River Road Asset Management LLC grew its holdings in shares of Vail Resorts by 606.6% during the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock valued at $59,487,000 after buying an additional 293,006 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in Vail Resorts during the third quarter valued at $35,264,000. FMR LLC lifted its stake in Vail Resorts by 1,080.8% in the 3rd quarter. FMR LLC now owns 207,809 shares of the company’s stock worth $36,219,000 after acquiring an additional 190,210 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in Vail Resorts by 1,063.7% during the 2nd quarter. AQR Capital Management LLC now owns 177,033 shares of the company’s stock worth $31,767,000 after acquiring an additional 161,820 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Price Performance

Shares of NYSE:MTN opened at $179.72 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.71 and a debt-to-equity ratio of 3.64. The firm’s 50 day moving average is $182.72 and its two-hundred day moving average is $179.04. The firm has a market capitalization of $6.73 billion, a P/E ratio of 29.85, a PEG ratio of 2.22 and a beta of 1.12. Vail Resorts has a 52 week low of $165.00 and a 52 week high of $236.92.

Vail Resorts (NYSE:MTN) last announced its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share 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 firm had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. During the same quarter in the previous year, the business earned ($4.60) EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. Analysts anticipate that Vail Resorts will post 7.49 earnings per share for the current year.

Vail Resorts Dividend Announcement

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

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.