Q2 2022 EPS Estimates for Vail Resorts, Inc. (NYSE:MTN) Boosted by KeyCorp

Vail Resorts, Inc. (NYSE:MTN) – Equities researchers at KeyCorp increased their Q2 2022 EPS estimates for shares of Vail Resorts in a research report issued on Monday, September 20th. KeyCorp analyst B. Andress now expects that the company will post earnings of $5.81 per share for the quarter, up from their previous forecast of $5.68. KeyCorp also issued estimates for Vail Resorts’ Q3 2022 earnings at $8.49 EPS, FY2022 earnings at $8.50 EPS and FY2023 earnings at $10.25 EPS.

A number of other analysts have also commented on MTN. Bank of America lifted their price target on shares of Vail Resorts from $365.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, June 8th. Zacks Investment Research upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating and set a $329.00 price target for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Vail Resorts from $298.00 to $301.00 and gave the stock a “hold” rating in a research note on Tuesday. Finally, Credit Suisse Group lifted their price target on shares of Vail Resorts from $359.00 to $360.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 8th. Eleven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $311.00.

NYSE:MTN opened at $327.71 on Wednesday. The firm has a market cap of $13.20 billion, a P/E ratio of 121.37 and a beta of 1.31. The company has a debt-to-equity ratio of 1.35, a quick ratio of 2.25 and a current ratio of 2.35. Vail Resorts has a fifty-two week low of $208.72 and a fifty-two week high of $338.50. The firm has a 50-day simple moving average of $302.44 and a two-hundred day simple moving average of $310.88.

Several hedge funds have recently added to or reduced their stakes in MTN. Comerica Bank increased its position in Vail Resorts by 6.0% in the first quarter. Comerica Bank now owns 1,831 shares of the company’s stock worth $611,000 after purchasing an additional 103 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Vail Resorts by 4.6% in the first quarter. Commonwealth Equity Services LLC now owns 1,419 shares of the company’s stock worth $414,000 after purchasing an additional 62 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vail Resorts by 5.5% in the first quarter. Envestnet Asset Management Inc. now owns 21,738 shares of the company’s stock worth $6,340,000 after purchasing an additional 1,132 shares during the last quarter. Standard Life Aberdeen plc increased its position in Vail Resorts by 2.4% in the first quarter. Standard Life Aberdeen plc now owns 4,362 shares of the company’s stock worth $1,272,000 after purchasing an additional 102 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in Vail Resorts by 8.4% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,330 shares of the company’s stock worth $2,430,000 after purchasing an additional 645 shares during the last quarter. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

About Vail Resorts

Vail Resorts, Inc is a holding company, which engages in the operation of mountain resorts. It operates through the following segments: Mountain, Lodging, and Real Estate. The Mountain segment covers the operation of mountain resorts or ski areas, and related activities. The Lodging segment includes ownership of hotels, condominium management, Colorado resort ground transportation company, and mountain resort golf courses.

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Earnings History and Estimates for Vail Resorts (NYSE:MTN)

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