Vail Resorts (MTN)

• Market cap: $6.6B
• 1 day: -1.14%
• 5 days: -1.99%
• 1 month: 3.08%
• 3 months: -1.35%
• 6 months: -12.30%
• Year to date: -16.44%
• 1 year: -21.50%
• 5 years: -27.46%
• 10 years: 105.45%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Amusement & Recreation

About: Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

Employees: 52,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

52% more call options, than puts

Call options by funds: $147M | Put options by funds: $96.2M

19% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 142

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

3.21% less ownership

Funds ownership: 103.8% [Q2] → 100.58% (-3.21%) [Q3]

3% less funds holding

Funds holding: 469 [Q2] → 453 (-16) [Q3]

7% less capital invested

Capital invested by funds: $7.01B [Q2] → $6.54B (-$471M) [Q3]

17% less first-time investments, than exits

New positions opened: 76 | Existing positions closed: 92

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $155 12% downside
• Avg. target: $191 8% upside
• High target: $223 27% upside

7 analyst ratings

• positive: 2 29%
• neutral: 4 57%
• negative: 1 14%

UBS Arpine Kocharyan 100% 1-year accuracy 1 / 1 met price target	5% upside $185	Neutral Initiated	14 Nov 2024
Macquarie Paul Golding 88% 1-year accuracy 35 / 40 met price target	2% upside $180	Neutral Maintained	2 Oct 2024
Barclays Brandt Montour 60% 1-year accuracy 44 / 73 met price target	12% downside $155	Underweight Maintained	27 Sept 2024
Stifel Jeffrey Stantial 65% 1-year accuracy 15 / 23 met price target	23% upside $216	Buy Maintained	27 Sept 2024
Morgan Stanley Megan Alexander 64% 1-year accuracy 7 / 11 met price target	3% upside $182	Equal-Weight Maintained	25 Sept 2024