Marriott Vacations Worldwide (NYSE:VAC) PT Raised to $117.00 at Stifel Nicolaus

Marriott Vacations Worldwide (NYSE:VAC) had its price target upped by stock analysts at Stifel Nicolaus from $115.00 to $117.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target suggests a potential upside of 21.17% from the stock’s current price.

Other analysts have also issued research reports about the company. Truist Financial upped their price objective on Marriott Vacations Worldwide from $149.00 to $159.00 and gave the company a “buy” rating in a report on Tuesday, March 5th. Mizuho initiated coverage on Marriott Vacations Worldwide in a report on Tuesday, March 26th. They issued a “buy” rating and a $128.00 price objective for the company. Barclays upped their price objective on Marriott Vacations Worldwide from $90.00 to $102.00 and gave the company an “equal weight” rating in a report on Friday, February 23rd. JPMorgan Chase & Co. upped their price objective on Marriott Vacations Worldwide from $93.00 to $107.00 and gave the company a “neutral” rating in a report on Friday, February 23rd. Finally, JMP Securities upped their target price on Marriott Vacations Worldwide from $105.00 to $115.00 and gave the company a “market outperform” rating in a report on Monday, February 26th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $111.13.

Marriott Vacations Worldwide Trading Down 2.6 %

NYSE:VAC opened at $96.56 on Tuesday. Marriott Vacations Worldwide has a 1 year low of $72.78 and a 1 year high of $134.09. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 15.45 and a beta of 1.85. The business has a fifty day moving average of $99.02 and a 200-day moving average of $89.39. The company has a debt-to-equity ratio of 2.16, a quick ratio of 2.64 and a current ratio of 3.15.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Monday, May 6th. The company reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.14. Marriott Vacations Worldwide had a return on equity of 13.21% and a net margin of 5.37%. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the business posted $2.54 earnings per share. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. Equities analysts predict that Marriott Vacations Worldwide will post 7.8 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its holdings in Marriott Vacations Worldwide by 194.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 250 shares of the company’s stock valued at $25,000 after buying an additional 165 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Marriott Vacations Worldwide by 615.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 286 shares of the company’s stock valued at $31,000 after buying an additional 246 shares during the last quarter. Fidelis Capital Partners LLC acquired a new stake in Marriott Vacations Worldwide in the 1st quarter valued at approximately $41,000. Fifth Third Bancorp grew its holdings in Marriott Vacations Worldwide by 707.5% in the 1st quarter. Fifth Third Bancorp now owns 428 shares of the company’s stock valued at $46,000 after buying an additional 375 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in Marriott Vacations Worldwide by 20.9% in the 4th quarter. Quadrant Capital Group LLC now owns 1,013 shares of the company’s stock valued at $86,000 after buying an additional 175 shares during the last quarter. Institutional investors and hedge funds 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.