Vail Resorts (NYSE:MTN) Stock Rating Lowered by StockNews.com

Vail Resorts (NYSE:MTN - Get Free Report) was downgraded by StockNews.com from a "hold" rating to a "sell" rating in a research note issued on Tuesday.

MTN has been the subject of several other reports. Macquarie restated a "neutral" rating and issued a $180.00 price objective on shares of Vail Resorts in a research note on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft reduced their price objective on Vail Resorts from $218.00 to $194.00 and set a "hold" rating for the company in a research note on Monday, September 16th. Stifel Nicolaus reduced their price objective on Vail Resorts from $223.00 to $216.00 and set a "buy" rating for the company in a research note on Friday, September 27th. Morgan Stanley raised their target price on Vail Resorts from $179.00 to $182.00 and gave the stock an "equal weight" rating in a report on Wednesday, September 25th. Finally, Barclays dropped their target price on Vail Resorts from $161.00 to $155.00 and set an "underweight" rating on the stock in a report on Friday, September 27th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $208.22.

Vail Resorts Trading Up 0.3 %

Vail Resorts stock traded up $0.57 during mid-day trading on Tuesday, hitting $182.39. The company's stock had a trading volume of 411,940 shares, compared to its average volume of 523,955. The company has a 50 day moving average of $176.00 and a 200-day moving average of $180.83. The stock has a market cap of $6.84 billion, a PE ratio of 30.15, a P/E/G ratio of 1.70 and a beta of 1.13. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.71 and a current ratio of 0.82. Vail Resorts has a one year low of $165.00 and a one year high of $236.92.

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

Insider Buying and Selling

In other Vail Resorts news, insider Robert A. Katz sold 9,296 shares of the firm's 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 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Vail Resorts news, Director John F. Sorte sold 1,670 shares of the business's stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $173.07, for a total transaction of $289,026.90. Following the transaction, the director now owns 45,111 shares in the company, valued at $7,807,360.77. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert A. Katz sold 9,296 shares of Vail Resorts 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 sale, the insider now directly owns 245,961 shares in the company, valued at approximately $43,284,216.78. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.20% of the company's stock.

Institutional Trading of Vail Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its position in Vail Resorts by 673.1% in the second quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company's stock worth $114,481,000 after purchasing an additional 553,337 shares during the period. First Pacific Advisors LP acquired a new stake in Vail Resorts during the 2nd quarter valued at $62,466,000. River Road Asset Management LLC increased its stake in shares of Vail Resorts by 606.6% in the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company's stock worth $59,487,000 after acquiring an additional 293,006 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Vail Resorts by 1,063.7% in the second quarter. AQR Capital Management LLC now owns 177,033 shares of the company's stock worth $31,767,000 after acquiring an additional 161,820 shares during the last quarter. Finally, Ceredex Value Advisors LLC increased its stake in shares of Vail Resorts by 186.2% in the third quarter. Ceredex Value Advisors LLC now owns 245,318 shares of the company's stock worth $42,756,000 after acquiring an additional 159,600 shares during the last quarter. 94.94% of the stock is owned by institutional investors.

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.