Bank of America has revised its price target for Vail Resorts (MTN, Financial), lowering it from $185 to $160 while maintaining a Neutral rating on the company's shares. This adjustment comes as Vail Resorts is anticipated to release its late-season ski metrics either this week or the week of April 28.
The financial institution indicates that Vail Resorts might face risks in achieving the lower end of its FY25 Resort EBITDA guidance, which ranges from $841 million to $877 million. In response, BofA has updated its own FY25 Resort EBITDA estimate for the company from $854 million to $845 million.
One of the factors influencing BofA's revised outlook is a reported 3.6% decline in season-to-date visitation, although this figure does not account for traffic during Easter.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Vail Resorts Inc (MTN, Financial) is $192.55 with a high estimate of $247.00 and a low estimate of $152.00. The average target implies an upside of 39.09% from the current price of $138.43. More detailed estimate data can be found on the Vail Resorts Inc (MTN) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Vail Resorts Inc's (MTN, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vail Resorts Inc (MTN, Financial) in one year is $260.74, suggesting a upside of 88.36% from the current price of $138.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vail Resorts Inc (MTN) Summary page.
