Vail Resorts, Inc. (NYSE:MTN) Receives Average Analyst Rating of “Hold”

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Vail Resorts, Inc. (NYSE:MTN – Get Rating) received an average recommendation of “Hold” by the ten research companies that currently cover the company, Marketbeat.com reports. One investment analyst has assigned the stock a sell rating, five have assigned a hold rating and two have issued a buy rating for the company. The 12-month average price target among brokerages that have reported on the stock over the past year is $313.83.

Several analysts have released reports on MTN shares. Truist Financial raised its price target on Vail Resorts shares from $278.00 to $281.00 and gave the stock a “holding” rating in a Friday, June 10 research report. Credit Suisse Group raised its price target on Vail Resorts shares from $379.00 to $383.00 and gave the company an “outperform” rating in a Friday, June 10 research report. Deutsche Bank Aktiengesellschaft lowered its price target on Vail Resorts shares from $302.00 to $301.00 in a Friday, June 10 research report. StockNews.com took over Vail Resorts stock coverage in a Thursday, March 31 research report. They have set a “holding” rating on the stock. Finally, Stifel Nicolaus raised his price target on Vail Resorts shares from $262.00 to $274.00 and gave the company a “holding” rating in a Wednesday, March 23 research report.

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NYSE MTN opened at $227.55 on Wednesday. The company has a debt ratio of 1.30, a current ratio of 2.22 and a quick ratio of 2.11. The company has a market capitalization of $9.16 billion, a price-earnings ratio of 29.55 and a beta of 1.19. The company’s fifty-day moving average is $243.06 and its two-hundred-day moving average is $266.24. Vail Resorts has a 52-week minimum of $218.37 and a 52-week maximum of $376.24.

Vail Resorts (NYSE:MTN – Get Rating) last released its quarterly results on Thursday, June 9. The company reported earnings per share (EPS) of $9.16 for the quarter, beating the consensus estimate of $9.06 by $0.10. The company posted revenue of $1.18 billion for the quarter, compared to analysts’ estimates of $1.16 billion. Vail Resorts achieved a net margin of 12.82% and a return on equity of 17.18%. The company’s quarterly revenue increased 32.3% year over year. During the same period last year, the company posted EPS of $6.71. As a group, sell-side analysts expect Vail Resorts to post earnings per share of 8.4 for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 12. Shareholders of record on Monday, June 27 will receive a dividend of $1.91. The ex-dividend date is Friday, June 24. This represents a dividend of $7.64 on an annualized basis and a yield of 3.36%. Vail Resorts’ dividend payout ratio (DPR) is currently 99.22%.

A number of large investors have recently increased or reduced their stakes in the company. Shell Asset Management Co. increased its stake in shares of Vail Resorts by 45.0% in the fourth quarter. Shell Asset Management Co. now owns 635 shares of the company worth $208,000 after acquiring 197 additional shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Vail Resorts during the fourth quarter for a value of approximately $172,000. Ensign Peak Advisors Inc increased its stake in shares of Vail Resorts by 833.0% during the fourth quarter. Ensign Peak Advisors Inc now owns 13,715 shares of the company worth $4,497,000 after purchasing an additional 12,245 shares in the last quarter. Nordea Investment Management AB increased its holdings in Vail Resorts by 16.7% in the first quarter. Nordea Investment Management AB now owns 156,356 shares of the company valued at $41,289,000 after purchasing an additional 22,380 shares during the period. Finally, American Century Companies Inc. increased its stake in Vail Resorts by 21.7% during the fourth quarter. American Century Companies Inc. now owns 1,285 shares of the company valued at $421,000 after purchasing an additional 229 shares during the period.

Company Profile Vail Resorts (Get an assessment)

Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It operates through three segments: Mountain, Accommodation and Real Estate. The Mountain segment operates 37 destination mountain resorts and regional ski areas. This segment is also involved in ancillary businesses, including ski school, catering and retail/rental business, as well as real estate brokerage business.

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Analyst Recommendations for Vail Resorts (NYSE:MTN)

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