Stock analysts at Deutsche Bank started coverage on shares of Vail Resorts (NYSE:MTN) in a report issued on Wednesday. The firm set a “buy” rating on the stock.

MTN has been the subject of several other research reports. Stifel Nicolaus lifted their price objective on shares of Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a research note on Friday, December 8th. Bank of America lifted their price objective on shares of Vail Resorts from $245.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Zacks Investment Research downgraded shares of Vail Resorts from a “hold” rating to a “sell” rating in a research report on Tuesday, August 29th. 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. Finally, Janney Montgomery Scott reissued a “buy” rating and issued a $260.00 price target (up previously from $245.00) on shares of Vail Resorts in a research report on Friday, September 29th. One analyst has rated the stock with a sell rating, one has given a hold rating, eight have issued 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 $250.63.

Shares of Vail Resorts (MTN) opened at $218.43 on Wednesday. The firm has a market cap of $8,989.07, a price-to-earnings ratio of 44.57 and a beta of 0.45. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.56 and a quick ratio of 0.41. Vail Resorts has a one year low of $159.65 and a one year high of $237.77.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Thursday, December 7th. The company reported ($2.00) earnings per share for the quarter, missing the consensus estimate of ($1.90) by ($0.10). The company had revenue of $220.90 million during the quarter, compared to the consensus estimate of $198.95 million. Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. The business’s revenue was up 23.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($1.70) EPS. analysts expect that Vail Resorts will post 6.65 earnings per share for the current fiscal year.

In other Vail Resorts news, Chairman Robert A. Katz sold 44,801 shares of Vail Resorts stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $217.44, for a total transaction of $9,741,529.44. Following the transaction, the chairman now directly owns 496,166 shares of the company’s stock, valued at approximately $107,886,335.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Robert A. Katz sold 55,976 shares of Vail Resorts stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $220.34, for a total transaction of $12,333,751.84. Following the transaction, the chairman now directly owns 496,166 shares in the company, valued at $109,325,216.44. The disclosure for this sale can be found here. In the last three months, insiders sold 236,742 shares of company stock valued at $51,804,735. 3.30% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of MTN. Commonwealth Bank of Australia boosted its holdings in shares of Vail Resorts by 284.5% in the 2nd quarter. Commonwealth Bank of Australia now owns 496 shares of the company’s stock worth $100,000 after buying an additional 367 shares during the last quarter. Toronto Dominion Bank purchased a new position in shares of Vail Resorts in the 2nd quarter worth about $100,000. Strs Ohio purchased a new position in shares of Vail Resorts in the 2nd quarter worth about $105,000. SG Americas Securities LLC purchased a new position in shares of Vail Resorts in the 2nd quarter worth about $117,000. Finally, IFP Advisors Inc boosted its holdings in shares of Vail Resorts by 61.7% in the 3rd quarter. IFP Advisors Inc now owns 802 shares of the company’s stock worth $183,000 after buying an additional 306 shares during the last quarter. 94.52% of the stock is currently owned by hedge funds and other institutional investors.

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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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