Shares of Vail Resorts, Inc. (NYSE:MTN) have earned an average recommendation of “Buy” from the eleven analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $250.75.

A number of equities research analysts have weighed in on MTN shares. Zacks Investment Research upgraded shares of Vail Resorts from a “hold” rating to a “strong-buy” rating and set a $264.00 price target for the company in a research report on Wednesday, October 25th. Bank of America lifted their price target on shares of Vail Resorts from $245.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Barclays lifted their price target on shares of Vail Resorts from $226.00 to $247.00 and gave the company an “overweight” rating in a research report on Friday, September 29th. Stifel Nicolaus lifted their price target on shares of Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a research report on Friday, December 8th. Finally, Janney Montgomery Scott reiterated a “buy” rating and set a $260.00 price target (up from $245.00) on shares of Vail Resorts in a research report on Friday, September 29th.

In related news, insider Patricia A. Campbell sold 5,515 shares of Vail Resorts stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $222.41, for a total value of $1,226,591.15. Following the completion of the transaction, the insider now owns 28,736 shares in the company, valued at $6,391,173.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michele Romanow acquired 225 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was acquired at an average price of $221.54 per share, with a total value of $49,846.50. Following the acquisition, the director now directly owns 1,663 shares of the company’s stock, valued at approximately $368,421.02. The disclosure for this purchase can be found here. Insiders own 3.30% of the company’s stock.

Several hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Vail Resorts by 2.5% in the second quarter. Vanguard Group Inc. now owns 3,126,244 shares of the company’s stock valued at $634,095,000 after purchasing an additional 76,961 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Vail Resorts by 17.0% in the second quarter. BlackRock Inc. now owns 2,068,244 shares of the company’s stock valued at $419,502,000 after purchasing an additional 300,793 shares in the last quarter. State Street Corp grew its holdings in shares of Vail Resorts by 40.2% in the second quarter. State Street Corp now owns 718,192 shares of the company’s stock valued at $145,687,000 after purchasing an additional 206,079 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Vail Resorts by 24.4% in the third quarter. JPMorgan Chase & Co. now owns 518,066 shares of the company’s stock worth $114,902,000 after acquiring an additional 101,554 shares during the last quarter. Finally, Voya Investment Management LLC lifted its stake in Vail Resorts by 13.3% in the second quarter. Voya Investment Management LLC now owns 510,171 shares of the company’s stock worth $103,478,000 after acquiring an additional 59,849 shares during the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Shares of Vail Resorts (MTN) traded up $3.37 during mid-day trading on Tuesday, reaching $222.31. 1,436,300 shares of the company’s stock were exchanged, compared to its average volume of 889,578. The company has a quick ratio of 0.41, a current ratio of 0.56 and a debt-to-equity ratio of 0.78. Vail Resorts has a one year low of $159.98 and a one year high of $237.77. The stock has a market capitalization of $8,980.00, a P/E ratio of 37.68 and a beta of 0.45.

Vail Resorts (NYSE:MTN) last issued its earnings results on Thursday, December 7th. The company reported ($2.00) EPS for the quarter, missing analysts’ consensus estimates of ($1.90) by ($0.10). Vail Resorts had a return on equity of 12.28% and a net margin of 12.55%. The firm had revenue of $220.90 million for the quarter, compared to analysts’ expectations of $198.95 million. During the same period last year, the firm earned ($1.70) earnings per share. Vail Resorts’s revenue for the quarter was up 23.9% on a year-over-year basis. analysts anticipate that Vail Resorts will post 7.01 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Wednesday, December 27th were issued a $1.053 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Tuesday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is currently 71.36%.

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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.

Analyst Recommendations for Vail Resorts (NYSE:MTN)

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