Brokerages Set Vail Resorts, Inc. (NYSE:MTN) Target Price at $151.45

Shares of Vail Resorts, Inc. (NYSE:MTNGet Free Report) have received a consensus recommendation of “Hold” from the fifteen ratings firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $149.8333.

A number of research firms have recently weighed in on MTN. UBS Group reissued a “neutral” rating on shares of Vail Resorts in a research report on Tuesday, June 9th. Zacks Research upgraded Vail Resorts from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. The Goldman Sachs Group assumed coverage on Vail Resorts in a research report on Thursday. They issued a “sell” rating and a $132.00 target price for the company. Barclays dropped their price target on Vail Resorts from $138.00 to $119.00 and set an “underweight” rating on the stock in a research report on Tuesday, June 9th. Finally, Truist Financial cut their price target on Vail Resorts from $212.00 to $195.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th.

View Our Latest Research Report on Vail Resorts

Institutional Trading of Vail Resorts

Hedge funds and other institutional investors have recently modified their holdings of the business. BOKF NA lifted its position in shares of Vail Resorts by 833.3% during the third quarter. BOKF NA now owns 168 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Vail Resorts by 815.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after purchasing an additional 155 shares during the period. Danske Bank A S purchased a new position in Vail Resorts during the 3rd quarter valued at about $30,000. Golden State Wealth Management LLC grew its holdings in Vail Resorts by 83.3% during the 4th quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock valued at $29,000 after buying an additional 100 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Vail Resorts by 1,585.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company’s stock valued at $31,000 after buying an additional 222 shares during the period. Institutional investors own 94.90% of the company’s stock.

Vail Resorts Stock Performance

Shares of MTN opened at $148.11 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 3.22. The company has a market capitalization of $5.28 billion, a price-to-earnings ratio of 33.66, a PEG ratio of 9.59 and a beta of 0.70. The stock has a 50 day moving average of $144.07 and a 200 day moving average of $136.14. Vail Resorts has a 12 month low of $118.51 and a 12 month high of $165.50.

Vail Resorts (NYSE:MTNGet Free Report) last announced its quarterly earnings data on Monday, June 8th. The company reported $8.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $8.97 by ($0.16). The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.20 billion. Vail Resorts had a net margin of 5.38% and a return on equity of 21.88%. The firm’s revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter last year, the company earned $10.54 EPS. As a group, sell-side analysts forecast that Vail Resorts will post 4.32 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently announced 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. This represents a $8.88 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Thursday, June 25th. Vail Resorts’s dividend payout ratio (DPR) is currently 201.82%.

About Vail Resorts

(Get Free Report)

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.

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Analyst Recommendations for Vail Resorts (NYSE:MTN)

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