Marriott Vacations Worldwide Corporation (NYSE:VAC) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Marriott Vacations Worldwide has received an average rating of "Hold" from analysts, with two sell ratings and four buy ratings among six research firms.
• The company's stock has a 12-month target price averaging $92.67, with Stifel Nicolaus recently setting a target price of $101.00 and Goldman Sachs lowering their target to $65.00.
• Marriott Vacations Worldwide's latest earnings report indicates a quarterly EPS of $1.96, exceeding expectations, and a revenue growth of 9.3% year-over-year, totaling $1.25 billion.

Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) has been assigned a consensus rating of "Hold" from the six research firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $92.6667.

A number of analysts have weighed in on the stock. Mizuho reduced their price objective on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Morgan Stanley reiterated an "underweight" rating on shares of Marriott Vacations Worldwide in a research note on Tuesday, July 15th. The Goldman Sachs Group lifted their price target on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Barclays reduced their price target on shares of Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating for the company in a research note on Monday, May 12th. Finally, Stifel Nicolaus set a $101.00 price target on shares of Marriott Vacations Worldwide and gave the stock a "buy" rating in a research note on Tuesday, August 5th.

Insider Activity at Marriott Vacations Worldwide

In related news, Director Christian Asmar purchased 337,551 shares of Marriott Vacations Worldwide stock in a transaction dated Wednesday, June 18th. The stock was purchased at an average cost of $68.11 per share, for a total transaction of $22,990,598.61. Following the completion of the purchase, the director directly owned 4,045,984 shares of the company's stock, valued at $275,571,970.24. The trade was a 9.10% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.60% of the stock is owned by corporate insiders.

Institutional Trading of Marriott Vacations Worldwide

Large investors have recently made changes to their positions in the stock. Nisa Investment Advisors LLC increased its position in Marriott Vacations Worldwide by 2.8% during the second quarter. Nisa Investment Advisors LLC now owns 5,047 shares of the company's stock valued at $365,000 after acquiring an additional 139 shares during the last quarter. True Wealth Design LLC boosted its stake in shares of Marriott Vacations Worldwide by 35.2% during the fourth quarter. True Wealth Design LLC now owns 595 shares of the company's stock valued at $53,000 after purchasing an additional 155 shares during the period. Assetmark Inc. grew its holdings in Marriott Vacations Worldwide by 90.6% during the 2nd quarter. Assetmark Inc. now owns 427 shares of the company's stock worth $31,000 after acquiring an additional 203 shares in the last quarter. Allworth Financial LP grew its holdings in Marriott Vacations Worldwide by 79.8% during the 2nd quarter. Allworth Financial LP now owns 473 shares of the company's stock worth $34,000 after acquiring an additional 210 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in Marriott Vacations Worldwide by 136.5% during the 1st quarter. Fifth Third Bancorp now owns 395 shares of the company's stock worth $25,000 after acquiring an additional 228 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Stock Down 2.5%

NYSE:VAC traded down $1.8760 on Friday, reaching $73.4140. 395,679 shares of the stock traded hands, compared to its average volume of 486,501. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 11.04, a PEG ratio of 1.10 and a beta of 1.49. The company has a current ratio of 3.55, a quick ratio of 2.90 and a debt-to-equity ratio of 2.17. Marriott Vacations Worldwide has a 12 month low of $49.22 and a 12 month high of $100.32. The company's fifty day simple moving average is $75.89 and its 200 day simple moving average is $70.54.

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