Vail Resorts (NYSE:MTN) Hits New 1-Year Low - Should You Sell?

Vail Resorts, Inc. (NYSE:MTN - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $164.35 and last traded at $165.30, with a volume of 12724 shares traded. The stock had previously closed at $165.87.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MTN. UBS Group started coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They set a "neutral" rating and a $185.00 price target for the company. Stifel Nicolaus lifted their target price on shares of Vail Resorts from $216.00 to $217.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. Morgan Stanley restated an "equal weight" rating and issued a $197.00 price target on shares of Vail Resorts in a research note on Monday, December 23rd. Macquarie lifted their price objective on Vail Resorts from $180.00 to $195.00 and gave the company a "neutral" rating in a research note on Wednesday, December 11th. Finally, Truist Financial cut their target price on Vail Resorts from $250.00 to $247.00 and set a "buy" rating on the stock in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $204.50.

Vail Resorts Stock Down 0.6 %

The stock has a market cap of $6.18 billion, a PE ratio of 27.41, a PEG ratio of 2.07 and a beta of 1.11. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The company has a 50 day moving average price of $179.04 and a two-hundred day moving average price of $177.81.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping analysts' consensus estimates of ($4.99) by $0.38. The business had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts's revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($4.60) EPS. Analysts expect that Vail Resorts, Inc. 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. Investors of record on Thursday, December 26th were given a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 5.38%. Vail Resorts's dividend payout ratio (DPR) is 147.51%.

Institutional Investors Weigh In On Vail Resorts

Large investors have recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new stake in Vail Resorts during the third quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in shares of Vail Resorts in the 3rd quarter worth $25,000. Heck Capital Advisors LLC purchased a new position in Vail Resorts in the 4th quarter worth approximately $33,000. Blue Trust Inc. boosted its stake in Vail Resorts by 246.7% in the 4th quarter. Blue Trust Inc. now owns 208 shares of the company's stock worth $36,000 after purchasing an additional 148 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in shares of Vail Resorts during the fourth quarter valued at approximately $40,000. 94.94% of the stock is currently owned by 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.