Vail Resorts (NYSE:MTN) PT Raised to $182.00

Vail Resorts (NYSE:MTN) had its target price increased by analysts at Morgan Stanley from $179.00 to $182.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s price objective indicates a potential downside of 3.19% from the company’s previous close.

Other research analysts have also recently issued reports about the company. JPMorgan Chase & Co. cut Vail Resorts from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $217.00 to $176.00 in a research report on Friday, June 7th. Deutsche Bank Aktiengesellschaft lowered their price objective on Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a research report on Monday, September 16th. Mizuho decreased their target price on Vail Resorts from $256.00 to $231.00 and set a “buy” rating on the stock in a research note on Friday, June 7th. Barclays decreased their target price on Vail Resorts from $201.00 to $161.00 and set an “underweight” rating on the stock in a research note on Friday, June 7th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $223.00 target price (down previously from $259.00) on shares of Vail Resorts in a research note on Thursday, September 19th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $213.38.

Vail Resorts Stock Up 2.9 %

MTN stock opened at $187.99 on Wednesday. Vail Resorts has a twelve month low of $165.14 and a twelve month high of $242.47. The company has a quick ratio of 1.08, a current ratio of 1.18 and a debt-to-equity ratio of 2.04. The stock has a market cap of $7.07 billion, a P/E ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.14. The business’s 50-day moving average price is $179.53 and its 200-day moving average price is $192.26.

Institutional Trading of Vail Resorts

A number of large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in 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 acquiring an additional 56 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Vail Resorts by 2.1% in the 1st quarter. Park Avenue Securities LLC now owns 2,997 shares of the company’s stock worth $668,000 after purchasing an additional 62 shares during the period. Fairbanks Capital Management Inc. boosted its holdings in shares of Vail Resorts by 2.5% in the 2nd quarter. Fairbanks Capital Management Inc. now owns 2,563 shares of the company’s stock worth $462,000 after purchasing an additional 63 shares during the period. Artemis Investment Management LLP boosted its holdings in shares of Vail Resorts by 4.6% in the 2nd quarter. Artemis Investment Management LLP now owns 1,700 shares of the company’s stock worth $306,000 after purchasing an additional 75 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Vail Resorts by 8.5% in the 1st quarter. Advisors Asset Management Inc. now owns 993 shares of the company’s stock worth $221,000 after purchasing an additional 78 shares during the period. Institutional investors own 94.94% of the company’s stock.

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.