Vail Resorts (MTN)

• Market cap: $6.9B
• 1 day: 1.43%
• 5 days: -3.35%
• 1 month: 4.27%
• 3 months: -0.37%
• 6 months: 2.47%
• Year to date: -12.62%
• 1 year: -16.73%
• 5 years: -25.30%
• 10 years: 104.98%
• 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

18% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 145

0% more funds holding in top 10

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

9% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 85

2% less funds holding

Funds holding: 469 [Q2] → 461 (-8) [Q3]

2.98% less ownership

Funds ownership: 103.8% [Q2] → 100.82% (-2.98%) [Q3]

6% less capital invested

Capital invested by funds: $7.01B [Q2] → $6.56B (-$455M) [Q3]

Research analyst outlook

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

• Low target: $165 10% downside
• Avg. target: $205 11% upside
• High target: $247 34% upside

7 analyst ratings

• positive: 3 43%
• neutral: 3 43%
• negative: 1 14%

Macquarie Paul Golding 80% 1-year accuracy 36 / 45 met price target	6% upside $195	Neutral Maintained	11 Dec 2024
Truist Securities Patrick Scholes 57% 1-year accuracy 43 / 76 met price target	34% upside $247	Buy Maintained	10 Dec 2024
Stifel Jeffrey Stantial 54% 1-year accuracy 13 / 24 met price target	18% upside $217	Buy Maintained	10 Dec 2024
Barclays Brandt Montour 51% 1-year accuracy 43 / 84 met price target	10% downside $165	Underweight Maintained	10 Dec 2024
Morgan Stanley Megan Alexander 45% 1-year accuracy 5 / 11 met price target	7% upside $197	Equal-Weight Maintained	10 Dec 2024