Vail Resorts (NYSE:MTN) Reaches New 12-Month Low – Time to Sell?

Shares of Vail Resorts, Inc. (NYSE:MTN) reached a new 52-week low on Monday . The stock traded as low as $152.85 and last traded at $153.74, with a volume of 477838 shares traded. The stock had previously closed at $157.51.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MTN. Stifel Nicolaus lifted their target price on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. JPMorgan Chase & Co. cut their target price on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research report on Friday, January 17th. Macquarie raised their price target on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Wednesday, December 11th. UBS Group assumed coverage on Vail Resorts in a research note on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target for the company. Finally, StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $199.44.

Vail Resorts Stock Performance

The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The stock has a market cap of $5.77 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The business has a 50 day moving average price of $169.61 and a two-hundred day moving average price of $176.19.

Vail Resorts (NYSE:MTN) last released its quarterly earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating analysts’ consensus estimates of $6.29 by $0.27. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.76 EPS. As a group, equities research analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Hedge Funds Weigh In On Vail Resorts

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Azzad Asset Management Inc. ADV boosted its position in Vail Resorts by 11.3% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 11,436 shares of the company’s stock valued at $2,144,000 after acquiring an additional 1,164 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Vail Resorts during the fourth quarter valued at approximately $33,000. Integrated Advisors Network LLC bought a new stake in shares of Vail Resorts during the fourth quarter valued at approximately $3,637,000. Parr Mcknight Wealth Management Group LLC purchased a new stake in Vail Resorts in the fourth quarter worth $1,015,000. Finally, Vise Technologies Inc. bought a new position in Vail Resorts in the fourth quarter worth $201,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.