Vail Resorts (NYSE:MTN) Reaches New 52-Week Low - Time to Sell?

Shares of Vail Resorts, Inc. (NYSE:MTN - Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as $153.51 and last traded at $154.40, with a volume of 51468 shares traded. The stock had previously closed at $158.44.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MTN. Deutsche Bank Aktiengesellschaft raised their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a "hold" rating in a research report on Monday, December 9th. UBS Group began 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. Macquarie raised their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 11th. JPMorgan Chase & Co. decreased their price target on shares of Vail Resorts from $176.00 to $166.00 and set an "underweight" rating for the company in a research report on Friday, January 17th. Finally, Mizuho raised their price target on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $204.50.

Vail Resorts Price Performance

The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The company has a market capitalization of $5.89 billion, a P/E ratio of 26.14, a PEG ratio of 1.93 and a beta of 1.12. The business has a 50 day simple moving average of $169.61 and a 200-day simple moving average of $176.19.

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

Vail Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.64%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts's payout ratio is 147.51%.

Institutional Investors Weigh In On Vail Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of MTN. Capital Performance Advisors LLP bought a new stake in shares of Vail Resorts during the third quarter valued at about $25,000. Heck Capital Advisors LLC bought a new stake in shares of Vail Resorts during the fourth quarter valued at about $33,000. Blue Trust Inc. raised its stake in shares of Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company's stock valued at $36,000 after purchasing an additional 148 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Vail Resorts during the fourth quarter valued at about $40,000. Finally, GeoWealth Management LLC raised its stake in shares of Vail Resorts by 162.2% during the fourth quarter. GeoWealth Management LLC now owns 291 shares of the company's stock valued at $55,000 after purchasing an additional 180 shares in the last quarter. 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.