Vail Resorts, Inc. (MTN) Receives Average Rating of “Buy” from Brokerages

Shares of Vail Resorts, Inc. (NYSE:MTN) have received an average rating of “Buy” from the eleven analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $249.00.

Several brokerages have issued reports on MTN. Bank of America raised their price target on Vail Resorts from $245.00 to $250.00 and gave the company a “buy” rating in a report on Friday, November 10th. Zacks Investment Research raised Vail Resorts from a “hold” rating to a “strong-buy” rating and set a $264.00 price target for the company in a report on Wednesday, October 25th. Stifel Nicolaus raised their price target on Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a report on Friday, December 8th. Deutsche Bank reaffirmed a “buy” rating and set a $265.00 price target on shares of Vail Resorts in a report on Thursday, February 1st. Finally, MKM Partners cut their price target on Vail Resorts to $252.00 and set a “buy” rating for the company in a report on Tuesday, January 16th.

Shares of Vail Resorts (MTN) opened at $205.97 on Friday. The company has a market capitalization of $8,320.00, a P/E ratio of 34.91 and a beta of 0.49. 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 twelve month low of $176.42 and a twelve month high of $237.77.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Thursday, December 7th. The company reported ($2.00) EPS for the quarter, missing the consensus estimate of ($1.90) by ($0.10). Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. The company had revenue of $220.90 million during the quarter, compared to analyst estimates of $198.95 million. During the same period in the previous year, the company posted ($1.70) EPS. The company’s quarterly revenue was up 23.9% compared to the same quarter last year. analysts forecast that Vail Resorts will post 6.9 earnings per share for the current year.

In other news, Director Michele Romanow acquired 225 shares of the stock in a transaction on Tuesday, December 19th. The shares were purchased at an average price of $221.54 per share, for a total transaction of $49,846.50. Following the transaction, the director now directly owns 1,663 shares of the company’s stock, valued at $368,421.02. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 3.30% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank bought a new position in Vail Resorts during the 2nd quarter worth $100,000. Cerebellum GP LLC bought a new position in Vail Resorts during the 4th quarter worth $114,000. CENTRAL TRUST Co increased its position in Vail Resorts by 3,147.1% during the 4th quarter. CENTRAL TRUST Co now owns 552 shares of the company’s stock worth $117,000 after buying an additional 535 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in Vail Resorts by 579.8% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 571 shares of the company’s stock worth $121,000 after buying an additional 487 shares during the period. Finally, Aviance Capital Management LLC bought a new position in Vail Resorts during the 4th quarter worth $138,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

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About Vail Resorts

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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