Marriott Vacations Worldwide (NYSE:VAC) Given a $101.00 Price Target by Stifel Nicolaus Analysts

Key Points

• Stifel Nicolaus has lowered the price target for Marriott Vacations Worldwide (NYSE: VAC) from $103.00 to $101.00, while maintaining a "buy" rating, suggesting a potential upside of 35.47% from the stock's previous close.
• The stock has received mixed ratings from analysts, with two sell ratings, one hold, and five buy ratings, resulting in an average rating of "Hold" and a consensus price target of $91.57.
• Marriott Vacations Worldwide reported a quarterly EPS of $1.96, exceeding analysts' expectations, along with a revenue of $1.25 billion, reflecting a year-over-year increase of 9.3%.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) received a $101.00 target price from Stifel Nicolaus in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm currently has a "buy" rating on the stock. Stifel Nicolaus' price target suggests a potential upside of 41.39% from the company's current price.

Several other equities analysts have also issued reports on the stock. Morgan Stanley restated an "underweight" rating on shares of Marriott Vacations Worldwide in a report on Tuesday, July 15th. The Goldman Sachs Group boosted their price objective on Marriott Vacations Worldwide from $48.00 to $55.00 and gave the company a "sell" rating in a research note on Friday, May 9th. Mizuho decreased their target price on 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. Finally, Barclays dropped their price target on Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating on the stock in a research note on Monday, May 12th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Marriott Vacations Worldwide currently has a consensus rating of "Hold" and an average price target of $92.67.

Marriott Vacations Worldwide Trading Down 1.0%

Shares of VAC stock traded down $0.75 during trading hours on Tuesday, hitting $71.43. 438,391 shares of the company's stock traded hands, compared to its average volume of 511,442. The company has a quick ratio of 2.58, a current ratio of 3.16 and a debt-to-equity ratio of 1.29. Marriott Vacations Worldwide has a 12 month low of $49.22 and a 12 month high of $100.32. The stock has a market cap of $2.47 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.59 and a beta of 1.49. The stock's 50 day simple moving average is $74.46 and its 200 day simple moving average is $71.35.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.24. Marriott Vacations Worldwide had a return on equity of 11.74% and a net margin of 5.10%. The company had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.22 billion. During the same quarter in the prior year, the firm posted $1.10 earnings per share. The business's quarterly revenue was up 9.3% on a year-over-year basis. On average, sell-side analysts anticipate that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Insider Buying and Selling

In other Marriott Vacations Worldwide news, Director Christian Asmar acquired 337,551 shares of the company's stock in a transaction on Wednesday, June 18th. The shares were purchased at an average cost of $68.11 per share, with a total value of $22,990,598.61. Following the completion of the purchase, the director owned 4,045,984 shares of the company's stock, valued at approximately $275,571,970.24. This represents a 9.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.60% of the company's stock.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several large investors have recently added to or reduced their stakes in the business. Fuller & Thaler Asset Management Inc. raised its stake in shares of Marriott Vacations Worldwide by 32.2% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company's stock worth $117,089,000 after purchasing an additional 444,126 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in Marriott Vacations Worldwide during the 4th quarter worth $37,974,000. AQR Capital Management LLC grew its stake in shares of Marriott Vacations Worldwide by 47.2% in the 4th quarter. AQR Capital Management LLC now owns 765,480 shares of the company's stock worth $68,510,000 after acquiring an additional 245,427 shares in the last quarter. Ananym Capital Management LP purchased a new stake in shares of Marriott Vacations Worldwide in the fourth quarter valued at about $21,987,000. Finally, Long Pond Capital LP bought a new position in shares of Marriott Vacations Worldwide during the first quarter valued at about $11,569,000. Institutional investors own 89.52% of the company's stock.

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.