UBS Group Begins Coverage on Vail Resorts (NYSE:MTN)

Investment analysts at UBS Group began coverage on shares of Vail Resorts (NYSE:MTN - Get Free Report) in a research report issued on Thursday, Marketbeat Ratings reports. The brokerage set a "neutral" rating and a $185.00 price target on the stock. UBS Group's target price suggests a potential upside of 4.60% from the stock's previous close.

MTN has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft cut their price target on Vail Resorts from $218.00 to $194.00 and set a "hold" rating on the stock in a report on Monday, September 16th. Macquarie restated a "neutral" rating and set a $180.00 price target on shares of Vail Resorts in a report on Wednesday, October 2nd. Barclays cut their price target on Vail Resorts from $161.00 to $155.00 and set an "underweight" rating on the stock in a report on Friday, September 27th. Stifel Nicolaus cut their price target on Vail Resorts from $223.00 to $216.00 and set a "buy" rating on the stock in a report on Friday, September 27th. Finally, Morgan Stanley upped their price target on Vail Resorts from $179.00 to $182.00 and gave the stock an "equal weight" rating in a report on Wednesday, September 25th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $205.90.

Vail Resorts Trading Down 1.7 %

Shares of MTN stock traded down $2.99 on Thursday, hitting $176.86. The stock had a trading volume of 126,991 shares, compared to its average volume of 521,530. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.82 and a quick ratio of 0.71. The firm has a market capitalization of $6.63 billion, a P/E ratio of 29.82, a P/E/G ratio of 1.75 and a beta of 1.13. Vail Resorts has a 1 year low of $165.00 and a 1 year high of $236.92. The company's 50 day moving average price is $175.82 and its 200-day moving average price is $180.71.

Vail Resorts (NYSE:MTN - Get Free Report) last posted 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). The firm had revenue of $265.39 million during the quarter, compared to analysts' expectations of $264.84 million. Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. Vail Resorts's quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($3.35) EPS. Analysts anticipate that Vail Resorts will post 7.27 earnings per share for the current year.

Insider Activity

In related news, insider Robert A. Katz sold 9,296 shares of the business's stock in a transaction dated Wednesday, October 2nd. The stock was 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 legal filing with the SEC, which is available at the SEC website. In other news, insider Robert A. Katz sold 9,296 shares of the business's stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the transaction, the insider now directly owns 245,961 shares in the company, valued at $43,284,216.78. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Angela A. Korch acquired 165 shares of Vail Resorts stock in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average price of $173.09 per share, with a total value of $28,559.85. Following the transaction, the chief financial officer now owns 2,187 shares of the company's stock, valued at $378,547.83. This trade represents a 0.00 % increase in their ownership of the stock. 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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Signaturefd LLC grew its holdings in shares of Vail Resorts by 150.9% in the 2nd quarter. Signaturefd LLC now owns 138 shares of the company's stock worth $25,000 after acquiring an additional 83 shares during the period. V Square Quantitative Management LLC purchased a new stake in shares of Vail Resorts in the third quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new stake in shares of Vail Resorts in the third quarter valued at approximately $25,000. Brown Brothers Harriman & Co. increased its stake in shares of Vail Resorts by 318.8% during 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 in the last quarter. Finally, UMB Bank n.a. raised its position in shares of Vail Resorts by 123.5% during 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. 94.94% of the stock is owned by institutional investors and hedge funds.

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.