Vail Resorts’ (MTN) Hold Rating Reiterated at Stifel Nicolaus
Vail Resorts, Inc. (NYSE:MTN)‘s stock had its “hold” rating restated by stock analysts at Stifel Nicolaus in a report released on Thursday. They currently have a $229.00 price objective on the stock. Stifel Nicolaus’ price target suggests a potential upside of 1.44% from the company’s current price.
A number of other analysts also recently commented on the company. KeyCorp reissued an “overweight” rating and issued a $250.00 price objective on shares of Vail Resorts in a research note on Wednesday, August 30th. Zacks Investment Research lowered Vail Resorts from a “hold” rating to a “sell” rating in a research report on Tuesday, August 29th. BidaskClub raised Vail Resorts from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. William Blair assumed coverage on Vail Resorts in a research report on Friday, July 21st. They set an “outperform” rating on the stock. Finally, Janney Montgomery Scott boosted their target price on Vail Resorts from $220.00 to $245.00 and gave the stock a “buy” rating in a research report on Monday, June 12th. One analyst has rated the stock with a sell rating, one has given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $219.44.
Vail Resorts (NYSE MTN) traded down 0.24% during mid-day trading on Thursday, reaching $225.75. The company’s stock had a trading volume of 156,578 shares. The company has a market capitalization of $9.05 billion, a PE ratio of 43.94 and a beta of 0.53. The firm has a 50 day moving average price of $217.05 and a 200-day moving average price of $202.22. Vail Resorts has a 1-year low of $151.60 and a 1-year high of $230.00.
Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Thursday, June 8th. The company reported $4.40 EPS for the quarter, missing the Zacks’ consensus estimate of $4.86 by $0.46. Vail Resorts had a return on equity of 14.99% and a net margin of 10.78%. The firm had revenue of $794.60 million during the quarter, compared to the consensus estimate of $802.59 million. During the same period in the prior year, the firm posted $4.23 EPS. The firm’s quarterly revenue was up 22.7% on a year-over-year basis. On average, equities analysts predict that Vail Resorts will post $4.86 EPS for the current fiscal year.
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Institutional investors have recently made changes to their positions in the company. Achmea Investment Management B.V. purchased a new position in shares of Vail Resorts during the second quarter valued at $321,000. HWG Holdings LP purchased a new position in shares of Vail Resorts during the second quarter valued at $755,000. Toronto Dominion Bank purchased a new position in shares of Vail Resorts during the second quarter valued at $100,000. Cookson Peirce & Co. Inc. grew its holdings in shares of Vail Resorts by 12.4% during the second quarter. Cookson Peirce & Co. Inc. now owns 25,795 shares of the company’s stock valued at $5,232,000 after buying an additional 2,850 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Vail Resorts by 1.2% during the second quarter. Public Employees Retirement System of Ohio now owns 32,105 shares of the company’s stock valued at $6,512,000 after buying an additional 368 shares in the last quarter. 96.80% of the stock is currently owned by institutional investors.
Vail Resorts Company Profile
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.
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