Weiss Ratings Reaffirms Hold (C-) Rating for Marriott Vacations Worldwide (NYSE:VAC)

Marriott Vacations Worldwide (NYSE:VAC)‘s stock had its “hold (c-)” rating reaffirmed by investment analysts at Weiss Ratings in a note issued to investors on Thursday,Weiss Ratings reports.

Several other brokerages have also recently weighed in on VAC. Truist Financial reduced their price objective on Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Thursday, August 21st. The Goldman Sachs Group lifted their target price on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a “sell” rating in a report on Wednesday, August 6th. Stifel Nicolaus set a $101.00 price target on Marriott Vacations Worldwide and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, Morgan Stanley set a $70.00 price target on Marriott Vacations Worldwide in a research report on Wednesday, October 22nd. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $92.67.

Marriott Vacations Worldwide Trading Up 0.9%

VAC stock opened at $66.03 on Thursday. The firm has a fifty day moving average price of $71.92 and a 200 day moving average price of $70.65. Marriott Vacations Worldwide has a fifty-two week low of $49.22 and a fifty-two week high of $100.32. The firm has a market cap of $2.28 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 0.95 and a beta of 1.46. The company has a debt-to-equity ratio of 2.17, a quick ratio of 2.90 and a current ratio of 3.55.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Monday, August 4th. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.72 by $0.24. Marriott Vacations Worldwide had a net margin of 5.10% and a return on equity of 11.74%. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business earned $1.10 earnings per share. Marriott Vacations Worldwide’s quarterly revenue was up 9.3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. Sell-side analysts anticipate that Marriott Vacations Worldwide will post 6.23 earnings per share for the current fiscal year.

Institutional Trading of Marriott Vacations Worldwide

Large investors have recently made changes to their positions in the stock. Mitsubishi UFJ Trust & Banking Corp purchased a new position in Marriott Vacations Worldwide in the 3rd quarter worth about $201,000. Evergreen Capital Management LLC boosted its position in Marriott Vacations Worldwide by 31.0% in the 3rd quarter. Evergreen Capital Management LLC now owns 6,229 shares of the company’s stock valued at $419,000 after buying an additional 1,474 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in Marriott Vacations Worldwide in the 3rd quarter worth about $753,000. Versant Capital Management Inc increased its position in shares of Marriott Vacations Worldwide by 697.1% during the third quarter. Versant Capital Management Inc now owns 1,100 shares of the company’s stock worth $73,000 after acquiring an additional 962 shares during the period. Finally, Pinnacle Bancorp Inc. bought a new stake in shares of Marriott Vacations Worldwide during the third quarter valued at approximately $25,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

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.