Vail Resorts, Inc. (MTN) Given Consensus Rating of “Hold” by Brokerages

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Shares of Vail Resorts, Inc. (NYSE:MTN) have earned a consensus rating of “Hold” from the nine research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $252.33.

A number of research firms have weighed in on MTN. KeyCorp set a $210.00 target price on Vail Resorts and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Zacks Investment Research cut Vail Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. Deutsche Bank dropped their price target on Vail Resorts from $294.00 to $267.00 and set a “buy” rating on the stock in a research report on Monday, January 14th. Stifel Nicolaus reissued a “hold” rating on shares of Vail Resorts in a research report on Friday, January 11th. Finally, Bank of America lowered shares of Vail Resorts from a “buy” rating to a “neutral” rating in a research note on Friday, January 11th.

In other news, Director John F. Sorte sold 2,134 shares of the firm’s stock in a transaction that occurred on Wednesday, December 12th. The shares were sold at an average price of $240.02, for a total transaction of $512,202.68. Following the transaction, the director now directly owns 47,314 shares of the company’s stock, valued at $11,356,306.28. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.90% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Westfield Capital Management Co. LP lifted its stake in shares of Vail Resorts by 177.1% during the fourth quarter. Westfield Capital Management Co. LP now owns 388,804 shares of the company’s stock worth $81,968,000 after buying an additional 248,474 shares during the period. Marshall Wace LLP boosted its holdings in Vail Resorts by 131.8% in the 3rd quarter. Marshall Wace LLP now owns 309,247 shares of the company’s stock valued at $84,864,000 after purchasing an additional 175,845 shares during the last quarter. Morgan Stanley boosted its holdings in Vail Resorts by 151.5% in the 3rd quarter. Morgan Stanley now owns 238,162 shares of the company’s stock valued at $65,355,000 after purchasing an additional 143,471 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in Vail Resorts by 44.7% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 454,399 shares of the company’s stock valued at $95,796,000 after purchasing an additional 140,396 shares during the last quarter. Finally, Macquarie Group Ltd. boosted its holdings in Vail Resorts by 863.3% in the 4th quarter. Macquarie Group Ltd. now owns 137,546 shares of the company’s stock valued at $28,997,000 after purchasing an additional 123,268 shares during the last quarter. Institutional investors own 96.05% of the company’s stock.

NYSE:MTN traded down $0.77 during trading hours on Friday, reaching $206.40. The stock had a trading volume of 344,745 shares, compared to its average volume of 576,912. Vail Resorts has a 12-month low of $179.60 and a 12-month high of $302.76. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.50 and a quick ratio of 0.35. The company has a market capitalization of $8.33 billion, a P/E ratio of 32.81 and a beta of 0.62.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Friday, December 7th. The company reported ($2.66) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.44) by ($0.22). Vail Resorts had a return on equity of 13.55% and a net margin of 14.94%. The company had revenue of $220.00 million during the quarter, compared to analysts’ expectations of $235.08 million. During the same quarter in the prior year, the firm posted ($2.00) EPS. The firm’s quarterly revenue was down .4% on a year-over-year basis. As a group, analysts anticipate that Vail Resorts will post 7.14 earnings per share for the current year.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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Analyst Recommendations for Vail Resorts (NYSE:MTN)

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