Vail Resorts (NYSE:MTN) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Vail Resorts, Inc. (NYSE:MTN)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $179.01 and traded as high as $191.42. Vail Resorts shares last traded at $187.45, with a volume of 404,345 shares traded.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Morgan Stanley reissued an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research report on Monday, December 23rd. Stifel Nicolaus boosted their price target on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Mizuho lifted their price objective on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Finally, Barclays increased their target price on Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a research note on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Vail Resorts currently has an average rating of “Hold” and a consensus price target of $205.50.

Vail Resorts Stock Down 1.2 %

The stock has a market cap of $7.02 billion, a PE ratio of 31.14, a PEG ratio of 2.22 and a beta of 1.14. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.71. The company has a 50 day moving average price of $181.84 and a two-hundred day moving average price of $179.07.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. The business had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($4.60) EPS. Analysts expect that Vail Resorts, Inc. will post 7.49 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be given a dividend of $2.22 per share. The ex-dividend date is Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 4.74%. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

Institutional Investors Weigh In On Vail Resorts

Large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its holdings in shares of Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after buying an additional 83 shares during the period. V Square Quantitative Management LLC purchased a new stake in Vail Resorts during the third quarter valued at $25,000. Capital Performance Advisors LLP bought a new position in Vail Resorts in the third quarter valued at about $25,000. Brown Brothers Harriman & Co. lifted its holdings in Vail Resorts by 318.8% in the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after acquiring an additional 153 shares during the period. Finally, UMB Bank n.a. boosted its position in Vail Resorts by 123.5% in the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after purchasing an additional 121 shares during the last quarter. 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.