Vail Resorts, Inc. (NYSE:MTN) Given Average Rating of "Hold" by Analysts

Vail Resorts, Inc. (NYSE:MTN - Get Free Report) has been given an average rating of "Hold" by the ten ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $187.60.

A number of research analysts have recently commented on the company. Bank of America dropped their price target on Vail Resorts from $185.00 to $160.00 and set a "neutral" rating on the stock in a research report on Monday, April 21st. JPMorgan Chase & Co. upped their price target on Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a research report on Tuesday, March 11th. Mizuho dropped their price target on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Barclays reaffirmed an "underweight" rating and set a $152.00 price target (down previously from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Finally, Morgan Stanley set a $152.00 price target on Vail Resorts in a research report on Friday, April 25th.

Vail Resorts Stock Performance

NYSE:MTN traded up $1.16 during trading on Wednesday, reaching $152.54. The company's stock had a trading volume of 408,474 shares, compared to its average volume of 578,526. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The firm has a 50 day moving average of $147.87 and a 200-day moving average of $165.83. Vail Resorts has a 12 month low of $129.85 and a 12 month high of $204.92.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.76 EPS. Research analysts expect that Vail Resorts will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were issued a dividend of $2.22 per share. The ex-dividend date was Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a yield of 5.82%. Vail Resorts's dividend payout ratio (DPR) is 130.21%.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch purchased 185 shares of the stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of $160.00 per share, with a total value of $29,600.00. Following the acquisition, the chief financial officer now directly owns 2,956 shares in the company, valued at approximately $472,960. The trade was a 6.68% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is currently owned by insiders.

Institutional Trading of Vail Resorts

Institutional investors and hedge funds have recently modified their holdings of the business. SouthState Corp purchased a new stake in shares of Vail Resorts in the 1st quarter valued at about $29,000. Heck Capital Advisors LLC purchased a new stake in shares of Vail Resorts in the 4th quarter valued at about $33,000. Blue Trust Inc. increased its position in shares of Vail Resorts by 246.7% during the 4th quarter. Blue Trust Inc. now owns 208 shares of the company's stock valued at $36,000 after purchasing an additional 148 shares during the last quarter. Golden State Wealth Management LLC increased its position in shares of Vail Resorts by 102.5% during the 1st quarter. Golden State Wealth Management LLC now owns 243 shares of the company's stock valued at $39,000 after purchasing an additional 123 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in shares of Vail Resorts during the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 94.94% of the company's stock.

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.