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

Shares of Vail Resorts, Inc. (NYSE:MTN) have received an average rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $208.22.

A number of equities research analysts have recently weighed in on MTN shares. Barclays lowered their price objective on shares of Vail Resorts from $161.00 to $155.00 and set an “underweight” rating for the company in a report on Friday, September 27th. StockNews.com downgraded shares of Vail Resorts from a “hold” rating to a “sell” rating in a research note on Friday, September 27th. Morgan Stanley lifted their target price on shares of Vail Resorts from $179.00 to $182.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Macquarie reaffirmed a “neutral” rating and issued a $180.00 target price on shares of Vail Resorts in a research note on Wednesday, October 2nd. Finally, Stifel Nicolaus decreased their target price on shares of Vail Resorts from $223.00 to $216.00 and set a “buy” rating on the stock in a research note on Friday, September 27th.

Insider Transactions at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch bought 165 shares of Vail Resorts stock in a transaction dated Thursday, October 3rd. The shares were purchased at an average cost of $173.09 per share, with a total value of $28,559.85. Following the transaction, the chief financial officer now directly owns 2,187 shares of the company’s stock, valued at $378,547.83. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Robert A. Katz sold 9,296 shares of the company’s stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $175.98, for a total value of $1,635,910.08. Following the transaction, the insider now owns 245,961 shares in the company, valued at $43,284,216.78. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Angela A. Korch purchased 165 shares of the company’s stock in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the purchase, the chief financial officer now owns 2,187 shares in the company, valued at $378,547.83. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Vail Resorts

Hedge funds have recently bought and sold shares of the company. Signaturefd LLC lifted its stake in Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after acquiring an additional 83 shares during the period. Quarry LP bought a new position in shares of Vail Resorts in the 4th quarter worth approximately $35,000. Brown Brothers Harriman & Co. lifted its stake in shares of Vail Resorts by 318.8% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock worth $36,000 after purchasing an additional 153 shares during the period. Canton Hathaway LLC lifted its stake in shares of Vail Resorts by 66.7% in the 2nd quarter. Canton Hathaway LLC now owns 250 shares of the company’s stock worth $45,000 after purchasing an additional 100 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of Vail Resorts by 27.9% in the 1st quarter. GAMMA Investing LLC now owns 257 shares of the company’s stock worth $57,000 after purchasing an additional 56 shares during the period. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Trading Up 0.2 %

MTN stock opened at $173.58 on Tuesday. The company has a market capitalization of $6.53 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 1.63 and a beta of 1.13. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.71 and a current ratio of 0.82. Vail Resorts has a one year low of $165.14 and a one year high of $236.92. The company’s 50 day moving average price is $178.65 and its two-hundred day moving average price is $189.44.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). The business had revenue of $265.39 million during the quarter, compared to the consensus estimate of $264.84 million. Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. The company’s revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($3.35) earnings per share. As a group, analysts predict that Vail Resorts will post 7.52 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th will be given a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date of this dividend is Tuesday, October 8th. Vail Resorts’s dividend payout ratio is presently 120.82%.

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.