Vail Resorts (NYSE:MTN) Upgraded at Wall Street Zen

Vail Resorts (NYSE:MTN - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other brokerages have also recently issued reports on MTN. UBS Group reaffirmed a "neutral" rating on shares of Vail Resorts in a research note on Friday, September 18th. Deutsche Bank decreased their price target on shares of Vail Resorts from $138.00 to $132.00 and set a "hold" rating on the stock in a research note on Tuesday, September 29th. Jefferies Financial Group restated a "buy" rating and set a $162.00 price target on shares of Vail Resorts in a research report on Tuesday, September 29th. Ladenburg Thalmann & Co. Inc. assumed coverage on shares of Vail Resorts in a research report on Tuesday, October 13th. They set a "buy" rating and a $192.00 price target on the stock. Finally, Citizens Jmp assumed coverage on shares of Vail Resorts in a research note on Thursday, October 15th. They set a "market perform" rating for the company. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $150.00.

Vail Resorts Stock Performance

Shares of NYSE:MTN opened at $152.84 on Friday. The company has a debt-to-equity ratio of 5.57, a current ratio of 0.80 and a quick ratio of 0.68. Vail Resorts has a 1 year low of $118.51 and a 1 year high of $163.99. The firm has a market capitalization of $5.45 billion, a PE ratio of 36.92, a P/E/G ratio of 11.11 and a beta of 0.73. The business's 50 day moving average price is $145.97 and its 200-day moving average price is $139.23.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings data on Monday, September 28th. The company reported ($5.34) EPS for the quarter, beating the consensus estimate of ($5.35) by $0.01. The firm had revenue of $278.07 million during the quarter, compared to the consensus estimate of $269.30 million. Vail Resorts had a return on equity of 22.82% and a net margin of 5.20%. The firm's revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company earned ($5.08) EPS. As a group, equities research analysts expect that Vail Resorts will post 5.51 earnings per share for the current fiscal year.

Institutional Trading of Vail Resorts

Institutional investors have recently added to or reduced their stakes in the stock. Bamco Inc. NY purchased a new stake in Vail Resorts during the second quarter worth about $889,971,000. BlackRock Inc. acquired a new stake in Vail Resorts in the second quarter valued at approximately $464,712,000. The Manufacturers Life Insurance Company lifted its stake in Vail Resorts by 26.0% in the first quarter. The Manufacturers Life Insurance Company now owns 976,732 shares of the company's stock worth $125,334,000 after acquiring an additional 201,750 shares during the last quarter. HighTower Advisors LLC lifted its stake in Vail Resorts by 3.6% in the third quarter. HighTower Advisors LLC now owns 737,765 shares of the company's stock worth $101,207,000 after acquiring an additional 25,335 shares during the last quarter. Finally, Corient Private Wealth LP acquired a new position in Vail Resorts during the 2nd quarter worth approximately $55,443,000. Institutional investors and hedge funds own 94.90% of the company's stock.

Vail Resorts Company Profile

Vail Resorts, Inc. operates mountain resorts and related businesses, including lodging, ski schools, equipment rentals, dining and retail. Its resorts offer skiing and snowboarding in winter as well as hiking, mountain biking and other activities in warmer months. The company's portfolio spans the United States, Canada, Australia and Europe. Vail Resorts also sells the Epic Pass, which provides access to participating resorts and is a key part of its season-pass business. The company's history is closely tied to Vail Mountain in Colorado, which opened in 1962.

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