Vail Resorts, Inc. (NYSE:MTN) Receives Average Recommendation of "Hold" from Analysts

Shares of Vail Resorts, Inc. (NYSE:MTN - Get Free Report) have received a consensus recommendation of "Hold" from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $208.22.

MTN has been the subject of several recent research reports. StockNews.com lowered Vail Resorts from a "hold" rating to a "sell" rating in a report on Friday, September 27th. Barclays lowered their target price on Vail Resorts from $161.00 to $155.00 and set an "underweight" rating for the company in a report on Friday, September 27th. Morgan Stanley upped their target price on Vail Resorts from $179.00 to $182.00 and gave the company an "equal weight" rating in a report on Wednesday, September 25th. Macquarie reaffirmed a "neutral" rating and set a $180.00 target price on shares of Vail Resorts in a report on Wednesday, October 2nd. Finally, Stifel Nicolaus lowered their target price on Vail Resorts from $223.00 to $216.00 and set a "buy" rating for the company in a report on Friday, September 27th.

Insider Buying and Selling

In other news, CFO Angela A. Korch purchased 165 shares of the firm's stock in a transaction on Thursday, October 3rd. The stock was purchased at an average cost of $173.09 per share, with a total value 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 trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Vail Resorts news, insider Robert A. Katz sold 9,296 shares of the stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the completion of the transaction, the insider now directly owns 245,961 shares of the company's stock, valued at approximately $43,284,216.78. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Angela A. Korch purchased 165 shares of the firm's stock in a transaction on 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 completion of 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 position. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Vail Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Park Avenue Securities LLC lifted its position in shares of Vail Resorts by 2.1% during the 1st quarter. Park Avenue Securities LLC now owns 2,997 shares of the company's stock valued at $668,000 after acquiring an additional 62 shares during the last quarter. Fairbanks Capital Management Inc. lifted its position in shares of Vail Resorts by 2.5% during the 2nd quarter. Fairbanks Capital Management Inc. now owns 2,563 shares of the company's stock valued at $462,000 after acquiring an additional 63 shares during the last quarter. Artemis Investment Management LLP lifted its position in shares of Vail Resorts by 4.6% during the 2nd quarter. Artemis Investment Management LLP now owns 1,700 shares of the company's stock valued at $306,000 after acquiring an additional 75 shares during the last quarter. Advisors Asset Management Inc. lifted its position in shares of Vail Resorts by 8.5% during the 1st quarter. Advisors Asset Management Inc. now owns 993 shares of the company's stock valued at $221,000 after acquiring an additional 78 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of 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 last quarter. 94.94% of the stock is owned by institutional investors.

Vail Resorts Stock Up 0.2 %

NYSE MTN traded up $0.29 on Friday, hitting $168.22. 251,795 shares of the stock traded hands, compared to its average volume of 527,265. The stock has a 50-day moving average of $177.56 and a 200 day moving average of $184.42. Vail Resorts has a twelve month low of $165.14 and a twelve month high of $236.92. The company has a market capitalization of $6.33 billion, a P/E ratio of 22.89, a price-to-earnings-growth ratio of 1.63 and a beta of 1.13. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 2.62.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.28) by ($0.39). Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. The firm had revenue of $265.39 million for the quarter, compared to analyst estimates of $264.84 million. During the same quarter in the previous year, the company earned ($3.35) EPS. The company's quarterly revenue was down 1.6% compared to the same quarter last year. As a group, analysts expect that Vail Resorts will post 7.27 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date of this dividend was Tuesday, October 8th. Vail Resorts's dividend payout ratio (DPR) is 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.