Vail Resorts, Inc. (NYSE:MTN) Given Average Rating of "Hold" by Brokerages

Vail Resorts, Inc. (NYSE:MTN - Get Free Report) has been given an average rating of "Hold" by the ten analysts that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $204.50.

MTN has been the topic of several research analyst reports. UBS Group assumed coverage on Vail Resorts in a report on Thursday, November 14th. They issued a "neutral" rating and a $185.00 price objective on the stock. StockNews.com raised Vail Resorts from a "sell" rating to a "hold" rating in a research note on Friday, December 13th. Morgan Stanley reissued an "equal weight" rating and set a $197.00 price target on shares of Vail Resorts in a research report on Monday, December 23rd. Barclays raised their price objective on Vail Resorts from $155.00 to $165.00 and gave the stock an "underweight" rating in a report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. cut their target price on Vail Resorts from $176.00 to $166.00 and set an "underweight" rating on the stock in a research report on Friday, January 17th.

Vail Resorts Stock Up 1.7 %

NYSE:MTN traded up $2.87 during mid-day trading on Monday, hitting $169.43. 615,550 shares of the company's stock were exchanged, compared to its average volume of 663,310. The company has a market cap of $6.34 billion, a PE ratio of 28.15, a P/E/G ratio of 2.07 and a beta of 1.11. The business has a fifty day moving average price of $181.32 and a 200 day moving average price of $178.52. Vail Resorts has a one year low of $165.00 and a one year high of $236.92. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, beating analysts' consensus estimates of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. During the same period in the prior year, the company earned ($4.60) earnings per share. The firm's revenue was up .7% on a year-over-year basis. Equities analysts predict that Vail Resorts will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date was Thursday, December 26th. Vail Resorts's payout ratio is 147.51%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC purchased a new position in shares of Vail Resorts during the 3rd quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new position in Vail Resorts during the 3rd quarter worth $25,000. Heck Capital Advisors LLC purchased a new stake in Vail Resorts during the fourth quarter worth approximately $33,000. Blue Trust Inc. increased its position in Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company's stock worth $36,000 after buying an additional 148 shares during the period. Finally, UMB Bank n.a. lifted its holdings in shares of Vail Resorts by 123.5% during the third 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 period. 94.94% of the stock is owned by hedge funds and other institutional investors.

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.