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

Vail Resorts, Inc. (NYSE:MTN) has earned a consensus rating of “Hold” from the eleven brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have assigned 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 $244.66.

Several analysts have commented on the stock. Zacks Investment Research cut shares of Vail Resorts from a “buy” rating to a “sell” rating in a research report on Monday, May 13th. Deutsche Bank reissued a “buy” rating and issued a $267.00 price target on shares of Vail Resorts in a report on Monday, April 29th. SunTrust Banks initiated coverage on shares of Vail Resorts in a report on Friday, April 26th. They issued a “buy” rating and a $242.00 price target for the company. Jefferies Financial Group initiated coverage on shares of Vail Resorts in a report on Monday, April 22nd. They issued a “hold” rating and a $233.00 price target for the company. Finally, Macquarie lowered shares of Vail Resorts from an “outperform” rating to a “neutral” rating and set a $221.62 price target for the company. in a report on Thursday, April 4th.

Shares of Vail Resorts stock opened at $215.91 on Tuesday. The firm has a market cap of $8.74 billion, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 2.10 and a beta of 0.66. Vail Resorts has a 52 week low of $179.60 and a 52 week high of $302.76. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.55 and a quick ratio of 0.41.

Vail Resorts (NYSE:MTN) last issued its earnings results on Friday, March 8th. The company reported $5.02 EPS for the quarter, beating the consensus estimate of $4.79 by $0.23. The company had revenue of $849.60 million during the quarter, compared to analysts’ expectations of $841.76 million. Vail Resorts had a net margin of 12.76% and a return on equity of 15.93%. The business’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.12 EPS. As a group, sell-side analysts forecast that Vail Resorts will post 6.98 EPS for the current year.

In other news, EVP David T. Shapiro sold 5,312 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $213.51, for a total value of $1,134,165.12. Following the completion of the transaction, the executive vice president now owns 4,573 shares of the company’s stock, valued at approximately $976,381.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Peter A. Vaughn sold 1,000 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $216.47, for a total transaction of $216,470.00. Following the completion of the transaction, the director now directly owns 8,372 shares of the company’s stock, valued at approximately $1,812,286.84. The disclosure for this sale can be found here. 2.90% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pinnacle Financial Partners Inc. acquired a new position in Vail Resorts in the 1st quarter worth $28,000. Exane Derivatives boosted its stake in Vail Resorts by 3,080.0% in the 4th quarter. Exane Derivatives now owns 159 shares of the company’s stock worth $34,000 after purchasing an additional 154 shares during the period. Westside Investment Management Inc. boosted its stake in Vail Resorts by 700.0% in the 4th quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock worth $42,000 after purchasing an additional 175 shares during the period. Oakworth Capital Inc. boosted its stake in Vail Resorts by 100.0% in the 4th quarter. Oakworth Capital Inc. now owns 200 shares of the company’s stock worth $42,000 after purchasing an additional 100 shares during the period. Finally, Private Ocean LLC acquired a new position in Vail Resorts in the 1st quarter worth $43,000. 96.70% of the stock is owned by hedge funds and other institutional investors.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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