Vail Resorts, Inc. (NYSE:MTN) Stock Rated “Hold” by Wall Street Brokerages

Shares of Vail Resorts, Inc. (NYSE:MTN) have been assigned an average recommendation of “Hold” from the fourteen analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $145.25.

Several research analysts recently issued reports on the stock. Barclays reduced their target price on shares of Vail Resorts from $119.00 to $117.00 and set an “underweight” rating for the company in a report on Tuesday. Zacks Research upgraded Vail Resorts from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. raised their price objective on shares of Vail Resorts from $126.00 to $150.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 29th. Mizuho cut their price objective on shares of Vail Resorts from $160.00 to $156.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Truist Financial cut their price target on Vail Resorts from $195.00 to $191.00 and set a “buy” rating for the company in a research note on Tuesday.

Vail Resorts News Summary

Here are the key news stories impacting Vail Resorts this week:

• Positive Sentiment: Some analysts see upside after the weather-related earnings setback. Wells Fargo expects the stock to rise, while JPMorgan forecasts strong appreciation; one valuation analysis also describes MTN as potentially undervalued following the weather hit and management’s turnaround efforts. Wells Fargo forecast JPMorgan forecast Undervaluation analysis
• Positive Sentiment: Management is projecting a significant recovery after last year’s unusually weak ski season, offering a potential catalyst if snowfall normalizes and resort visitation improves. Vail recovery outlook
• Neutral Sentiment: Activist investor Oasis Management is reportedly close to becoming a Vail Resorts insider, which could increase pressure for operational or capital-allocation changes but also introduces uncertainty. Oasis Management report
• Negative Sentiment: Vail’s profits fell 47% after historically poor snow conditions, while Epic Pass sales have reportedly declined ahead of an uncertain winter. Weaker advance sales could pressure revenue and margins if demand does not rebound. Profit decline report Epic Pass sales report
• Negative Sentiment: Concerns are mounting around MTN’s 6.47% dividend: free cash flow reportedly fell short, leaving the company reliant on borrowing to fund shareholder payments. This is particularly significant given its elevated leverage and exposure to weather volatility. Dividend and free cash flow analysis
• Negative Sentiment: Analyst sentiment is mixed to negative: Goldman Sachs issued a Sell rating, and Deutsche Bank reduced its price target. Morgan Stanley also published a pessimistic forecast, potentially limiting upside despite more bullish views from other firms. Goldman Sachs rating Deutsche Bank target Morgan Stanley forecast

Institutional Investors Weigh In On Vail Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in MTN. Clearstead Advisors LLC grew its position in Vail Resorts by 21.5% during the fourth quarter. Clearstead Advisors LLC now owns 424 shares of the company’s stock worth $56,000 after buying an additional 75 shares in the last quarter. State of Michigan Retirement System raised its holdings in Vail Resorts by 1.2% in the 1st quarter. State of Michigan Retirement System now owns 8,600 shares of the company’s stock valued at $1,104,000 after acquiring an additional 100 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Vail Resorts by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,806 shares of the company’s stock valued at $360,000 after acquiring an additional 141 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Vail Resorts by 2.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 7,314 shares of the company’s stock valued at $939,000 after acquiring an additional 145 shares during the period. Finally, Sanctuary Advisors LLC lifted its position in shares of Vail Resorts by 6.5% during the 1st quarter. Sanctuary Advisors LLC now owns 2,452 shares of the company’s stock valued at $315,000 after acquiring an additional 150 shares during the period. Institutional investors and hedge funds own 94.90% of the company’s stock.

Vail Resorts Stock Performance

Shares of MTN stock opened at $141.15 on Friday. The business’s fifty day simple moving average is $143.44 and its 200-day simple moving average is $137.04. The company has a market cap of $5.03 billion, a PE ratio of 34.09, a PEG ratio of 10.13 and a beta of 0.76. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 5.57. Vail Resorts has a 12-month low of $118.51 and a 12-month high of $163.34.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, September 28th. The company reported ($5.34) earnings per share for the quarter, topping analysts’ consensus estimates of ($5.35) by $0.01. Vail Resorts had a return on equity of 22.82% and a net margin of 5.20%.The business had revenue of $278.07 million for the quarter, compared to analyst estimates of $269.30 million. During the same quarter in the previous year, the firm earned ($5.08) earnings per share. The company’s revenue was up 2.5% on a year-over-year basis. Analysts expect that Vail Resorts will post 5.64 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 27th. Investors of record on Thursday, October 8th will be paid a $2.22 dividend. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $8.88 dividend on an annualized basis and a yield of 6.3%. Vail Resorts’s dividend payout ratio (DPR) is currently 214.49%.

Vail Resorts Company Profile

Vail Resorts, Inc is a mountain resort operator that owns and manages destination ski and summer resorts, regional ski areas, hotels and other hospitality businesses. Its operations are designed to serve visitors throughout the year, with activities including skiing, snowboarding, hiking, mountain biking, lodging, dining, retail and other resort experiences.

The company’s portfolio includes well-known resorts such as Vail, Beaver Creek, Breckenridge, Keystone, Park City, Whistler Blackcomb and Stowe in North America, as well as Perisher, Falls Creek and Hotham in Australia.