Brokerages Set Vail Resorts, Inc. (NYSE:MTN) PT at $205.50

Vail Resorts, Inc. (NYSE:MTN) has been assigned an average rating of “Hold” from the ten ratings firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $205.50.

A number of analysts recently weighed in on MTN shares. Barclays raised their target price on shares of Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a report on Tuesday, December 10th. Mizuho raised their price objective on Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft boosted their target price on Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. Stifel Nicolaus increased their price target on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, UBS Group started coverage on Vail Resorts in a report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price objective on the stock.

Vail Resorts Trading Up 0.8 %

Shares of Vail Resorts stock opened at $185.11 on Thursday. The business has a fifty day simple moving average of $183.87 and a 200-day simple moving average of $179.08. Vail Resorts has a fifty-two week low of $165.00 and a fifty-two week high of $236.92. The firm has a market cap of $6.93 billion, a price-to-earnings ratio of 30.75, a price-to-earnings-growth ratio of 2.07 and a beta of 1.12. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, beating analysts’ consensus estimates of ($4.99) by $0.38. The company had revenue of $260.28 million during the quarter, compared to the consensus estimate of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. Vail Resorts’s revenue was up .7% on a year-over-year basis. During the same period in the prior year, the company earned ($4.60) EPS. On average, equities analysts forecast that Vail Resorts will post 7.57 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 4.80%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio is currently 147.51%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC purchased a new position in shares of Vail Resorts during the 3rd quarter valued at $25,000. Capital Performance Advisors LLP purchased a new position in Vail Resorts in the third quarter valued at about $25,000. Brown Brothers Harriman & Co. grew its stake in Vail Resorts by 318.8% in the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after purchasing an additional 153 shares in the last quarter. UMB Bank n.a. increased its position in Vail Resorts by 123.5% in the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after purchasing an additional 121 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Vail Resorts during the 4th quarter worth about $40,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

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.