Vail Resorts Inc. (NYSE: MTN) has a price-to-earnings ratio of 34.42x that is above its average ratio. Additionally, the 36-month beta value for MTN is 1.10. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for MTN is 37.53M and currently, short sellers hold a 5.21% ratio of that float. The average trading volume of MTN on April 19, 2024 was 467.91K shares.
MTN) stock’s latest price update
Vail Resorts Inc. (NYSE: MTN)’s stock price has dropped by -3.49 in relation to previous closing price of 213.62. Nevertheless, the company has seen a loss of -9.17% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-10 that Vail Resorts (MTN) reported earnings 30 days ago. What’s next for the stock?
MTN’s Market Performance
Vail Resorts Inc. (MTN) has experienced a -9.17% fall in stock performance for the past week, with a -8.96% drop in the past month, and a -7.62% drop in the past quarter. The volatility ratio for the week is 2.14%, and the volatility levels for the past 30 days are at 1.84% for MTN. The simple moving average for the past 20 days is -8.11% for MTN’s stock, with a -8.84% simple moving average for the past 200 days.
Analysts’ Opinion of MTN
Many brokerage firms have already submitted their reports for MTN stocks, with Mizuho repeating the rating for MTN by listing it as a “Buy.” The predicted price for MTN in the upcoming period, according to Mizuho is $256 based on the research report published on March 26, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see MTN reach a price target of $250, previously predicting the price at $285. The rating they have provided for MTN stocks is “Neutral” according to the report published on March 08th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to MTN, setting the target price at $273 in the report published on September 27th of the previous year.
MTN Trading at -8.47% from the 50-Day Moving Average
After a stumble in the market that brought MTN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.13% of loss for the given period.
Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares sank -8.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.99% lower at present.
During the last 5 trading sessions, MTN fell by -9.33%, which changed the moving average for the period of 200-days by -16.43% in comparison to the 20-day moving average, which settled at $223.46. In addition, Vail Resorts Inc. saw -3.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MTN starting from Vaughn Peter A, who sale 1,000 shares at the price of $222.77 back on Mar 13 ’24. After this action, Vaughn Peter A now owns 7,592 shares of Vail Resorts Inc., valued at $222,770 using the latest closing price.
SCHNEIDER HILARY, the Director of Vail Resorts Inc., sale 2,565 shares at $226.40 during a trade that took place back on Dec 20 ’23, which means that SCHNEIDER HILARY is holding 14,799 shares at $580,716 based on the most recent closing price.
Stock Fundamentals for MTN
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.4 for the gross margin
The net margin for Vail Resorts Inc. stands at 0.08. The total capital return value is set at 0.11. Equity return is now at value 20.96, with 3.87 for asset returns.
Based on Vail Resorts Inc. (MTN), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 3.41. The interest coverage ratio of the stock is 3.05.
Currently, EBITDA for the company is 832.27 million with net debt to EBITDA at 2.65. When we switch over and look at the enterprise to sales, we see a ratio of 3.51. The receivables turnover for the company is 20.57for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.
Conclusion
In conclusion, Vail Resorts Inc. (MTN) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
