Brokerages Set Marriott Vacations Worldwide Corporation (NYSE:VAC) Price Target at $92.67

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 recommendation of "Hold" from the six analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $92.6667.

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

Marriott Vacations Worldwide Trading Down 0.5%

Marriott Vacations Worldwide stock traded down $0.38 during midday trading on Friday, reaching $75.03. The stock had a trading volume of 284,877 shares, compared to its average volume of 497,075. The firm's fifty day simple moving average is $75.45 and its two-hundred day simple moving average is $70.56. Marriott Vacations Worldwide has a twelve month low of $49.22 and a twelve month high of $100.32. The company has a debt-to-equity ratio of 2.17, a current ratio of 3.55 and a quick ratio of 2.90. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 1.10 and a beta of 1.49.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.96 EPS for the quarter, topping analysts' consensus estimates of $1.72 by $0.24. The firm 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%. The company's revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. Equities analysts anticipate that Marriott Vacations Worldwide will post 6.23 EPS for the current fiscal year.

Insider Transactions at Marriott Vacations Worldwide

In related news, Director Christian Asmar purchased 337,551 shares of the firm's stock in a transaction on Wednesday, June 18th. The shares were bought at an average cost of $68.11 per share, for a total transaction of $22,990,598.61. Following the transaction, the director directly owned 4,045,984 shares of the company's stock, valued at approximately $275,571,970.24. This trade represents a 9.10% increase in their position. The transaction 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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dark Forest Capital Management LP bought a new stake in Marriott Vacations Worldwide in the fourth quarter valued at about $734,000. Ananym Capital Management LP acquired a new position in Marriott Vacations Worldwide in the fourth quarter valued at about $21,987,000. GAMMA Investing LLC boosted its position in Marriott Vacations Worldwide by 6,557.7% in the first quarter. GAMMA Investing LLC now owns 14,647 shares of the company's stock valued at $941,000 after buying an additional 14,427 shares in the last quarter. Captrust Financial Advisors acquired a new position in Marriott Vacations Worldwide in the fourth quarter valued at about $440,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Marriott Vacations Worldwide by 74.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,653 shares of the company's stock valued at $1,226,000 after buying an additional 5,816 shares in the last quarter. Institutional investors own 89.52% of the company's stock.

About Marriott Vacations Worldwide

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.