Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) had its target price upped by research analysts at Morgan Stanley from $51.00 to $52.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. Morgan Stanley’s target price would indicate a potential downside of 47.94% from the company’s current price.
Other equities research analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Marriott Vacations Worldwide in a research note on Friday, June 12th. Deutsche Bank Aktiengesellschaft increased their price objective on Marriott Vacations Worldwide from $92.00 to $119.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Zacks Research cut Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Barclays boosted their target price on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 target price for the company in a research note on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and a consensus price target of $86.70.
Read Our Latest Stock Analysis on Marriott Vacations Worldwide
Marriott Vacations Worldwide Price Performance
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.43). Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the business posted $1.66 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, analysts predict that Marriott Vacations Worldwide will post 7.32 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of VAC. Advisory Services Network LLC bought a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at about $27,000. IFP Advisors Inc grew its position in Marriott Vacations Worldwide by 1,828.0% during the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after acquiring an additional 457 shares during the last quarter. Leonteq Securities AG bought a new position in Marriott Vacations Worldwide during the 4th quarter worth approximately $35,000. Kestra Advisory Services LLC purchased a new position in Marriott Vacations Worldwide in the 4th quarter worth approximately $37,000. Finally, International Assets Investment Management LLC increased its stake in Marriott Vacations Worldwide by 877.2% in the 1st quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after purchasing an additional 500 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.
Marriott Vacations Worldwide Company Profile
Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.
The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.
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