Marriott Vacations Worldwide Co. (NYSE:VAC) Receives Consensus Rating of “Hold” from Analysts

Marriott Vacations Worldwide Co. (NYSE:VAC) has earned a consensus rating of “Hold” from the nine research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $102.67.

A number of research firms have issued reports on VAC. Truist Financial decreased their price objective on Marriott Vacations Worldwide from $161.00 to $159.00 and set a “buy” rating for the company in a report on Friday, July 19th. Deutsche Bank Aktiengesellschaft decreased their price objective on Marriott Vacations Worldwide from $121.00 to $95.00 and set a “buy” rating for the company in a report on Tuesday, August 6th. Barclays decreased their price objective on Marriott Vacations Worldwide from $106.00 to $82.00 and set an “equal weight” rating for the company in a report on Friday, August 2nd. Mizuho decreased their price objective on Marriott Vacations Worldwide from $128.00 to $126.00 and set a “buy” rating for the company in a report on Friday, June 14th. Finally, JMP Securities decreased their price objective on Marriott Vacations Worldwide from $115.00 to $90.00 and set a “market outperform” rating for the company in a report on Friday, August 2nd.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Several large investors have recently bought and sold shares of VAC. International Assets Investment Management LLC increased its holdings in Marriott Vacations Worldwide by 234,864.3% in the 4th quarter. International Assets Investment Management LLC now owns 65,790 shares of the company’s stock worth $5,585,000 after buying an additional 65,762 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Marriott Vacations Worldwide by 17.2% in the 4th quarter. Victory Capital Management Inc. now owns 490,132 shares of the company’s stock worth $41,607,000 after buying an additional 71,930 shares in the last quarter. Malaga Cove Capital LLC increased its holdings in Marriott Vacations Worldwide by 55.3% in the 4th quarter. Malaga Cove Capital LLC now owns 3,452 shares of the company’s stock worth $293,000 after buying an additional 1,229 shares in the last quarter. M&T Bank Corp bought a new stake in Marriott Vacations Worldwide in the 4th quarter worth about $207,000. Finally, MeadowBrook Investment Advisors LLC bought a new stake in Marriott Vacations Worldwide in the 4th quarter worth about $197,000. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Stock Performance

Shares of VAC stock opened at $74.00 on Friday. The stock has a fifty day moving average of $79.75 and a 200 day moving average of $89.94. Marriott Vacations Worldwide has a 52 week low of $68.34 and a 52 week high of $112.32. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 13.68, a PEG ratio of 0.71 and a beta of 1.81. The company has a quick ratio of 2.62, a current ratio of 3.12 and a debt-to-equity ratio of 1.32.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.89). The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Marriott Vacations Worldwide had a return on equity of 9.89% and a net margin of 3.41%. The business’s revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.19 EPS. As a group, research analysts expect that Marriott Vacations Worldwide will post 6.18 earnings per share for the current year.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.