Vail Resorts, Inc. (NYSE:MTN) Stock Has Consensus Price Target of $147.46 According to Brokerages

Vail Resorts, Inc. (NYSE:MTN) has been given a consensus rating of “Hold” by the fourteen analysts that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $145.25.

Several research firms recently issued reports on MTN. Deutsche Bank Aktiengesellschaft decreased their target price on Vail Resorts from $138.00 to $132.00 and set a “hold” rating on the stock in a research note on Tuesday. BNP Paribas Exane lowered shares of Vail Resorts from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $151.00 to $135.00 in a research note on Monday, September 21st. The Goldman Sachs Group began coverage on shares of Vail Resorts in a research report on Thursday, August 13th. They set a “sell” rating and a $132.00 price target on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $162.00 price objective on shares of Vail Resorts in a research note on Tuesday. Finally, Weiss Ratings cut shares of Vail Resorts from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, September 14th.

Key Stories Impacting Vail Resorts

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

• Positive Sentiment: Wells Fargo expects Vail Resorts’ stock price to rise, while JPMorgan forecasts strong potential appreciation. These views suggest some analysts believe the company’s turnaround efforts and a better upcoming ski season could support the shares. Wells Fargo analyst outlook JPMorgan analyst outlook
• Positive Sentiment: One valuation analysis estimates MTN could be approximately 5% undervalued after weather hurt recent results, with recovery initiatives providing potential upside if operating conditions improve. Vail Resorts valuation analysis
• Positive Sentiment: Activist investor Oasis Management is reportedly nearing insider status at Vail Resorts. Its increased involvement could create pressure for operational improvements or other shareholder-friendly actions, although the eventual impact remains uncertain. Oasis Management ownership report
• Neutral Sentiment: Analyst views remain divided across the consumer-cyclical sector, reflecting uncertainty about demand and the pace of Vail Resorts’ recovery. Mixed consumer-cyclical analyst views
• Neutral Sentiment: Morgan Stanley cut its MTN price target from $147 to $142 while maintaining an Equal Weight rating. The new target still implied approximately 2.6% upside based on the cited share price, indicating limited expected appreciation. Morgan Stanley price target update
• Negative Sentiment: Epic Pass sales are reportedly lagging ahead of the winter season. The weakness raises concern about forward revenue and visitation, particularly after last season’s historically poor skiing conditions, despite management’s forecast of a significant recovery. Epic Pass sales report Vail Resorts recovery outlook
• Negative Sentiment: Goldman Sachs assigned Vail Resorts a Sell rating, while Deutsche Bank lowered its price target. The negative revisions reinforce concerns about valuation, operating execution and the uncertain recovery. Goldman Sachs Sell rating Deutsche Bank price target cut

Vail Resorts Stock Up 0.9%

Shares of NYSE MTN opened at $138.44 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 5.57. The business’s 50 day moving average is $143.53 and its two-hundred day moving average is $137.01. Vail Resorts has a 52-week low of $118.51 and a 52-week high of $163.34. The firm has a market cap of $4.93 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 10.01 and a beta of 0.76.

Vail Resorts (NYSE:MTN) last released its quarterly earnings results on Monday, September 28th. The company reported ($5.34) EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $269.30 million. During the same period last year, the business posted ($5.08) earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Research analysts predict that Vail Resorts will post 5.55 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 27th. Shareholders of record on Thursday, October 8th will be issued a dividend of $2.22 per share. The ex-dividend date is Thursday, October 8th. This represents a $8.88 dividend on an annualized basis and a yield of 6.4%. Vail Resorts’s dividend payout ratio is 214.49%.

Hedge Funds Weigh In On Vail Resorts

Institutional investors have recently modified their holdings of the business. Anchor Investment Management LLC acquired a new stake in shares of Vail Resorts in the second quarter valued at $32,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Vail Resorts in the second quarter valued at $36,000. Global Retirement Partners LLC acquired a new position in Vail Resorts during the 2nd quarter worth $40,000. Union Savings Bank acquired a new position in Vail Resorts during the 4th quarter worth $46,000. Finally, Western Wealth Management LLC purchased a new stake in Vail Resorts during the 1st quarter worth about $54,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

About Vail Resorts

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.