Press coverage about Marriot Vacations Worldwide Corporation (NYSE:VAC) has trended somewhat positive on Saturday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Marriot Vacations Worldwide Corporation earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.5384194079712 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

VAC has been the subject of a number of research analyst reports. Zacks Investment Research raised Marriot Vacations Worldwide Corporation from a “hold” rating to a “buy” rating and set a $129.00 target price for the company in a research report on Tuesday. Telsey Advisory Group boosted their target price on Marriot Vacations Worldwide Corporation from $113.00 to $120.00 and gave the company a “market perform” rating in a research report on Friday, August 4th. ValuEngine raised Marriot Vacations Worldwide Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. BidaskClub raised Marriot Vacations Worldwide Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 13th. Finally, Janney Montgomery Scott initiated coverage on Marriot Vacations Worldwide Corporation in a research report on Thursday, April 20th. They issued a “buy” rating and a $119.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $118.63.

Shares of Marriot Vacations Worldwide Corporation (NYSE VAC) traded down 0.54% during mid-day trading on Friday, reaching $108.79. The company had a trading volume of 229,422 shares. The firm has a 50-day moving average of $115.83 and a 200-day moving average of $106.17. The company has a market capitalization of $2.94 billion, a P/E ratio of 19.57 and a beta of 1.14. Marriot Vacations Worldwide Corporation has a 12-month low of $59.33 and a 12-month high of $128.25.

Marriot Vacations Worldwide Corporation (NYSE:VAC) last announced its earnings results on Thursday, August 3rd. The company reported $1.60 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.26 by $0.34. The business had revenue of $497.62 million during the quarter, compared to the consensus estimate of $489.85 million. Marriot Vacations Worldwide Corporation had a net margin of 7.90% and a return on equity of 16.96%. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.08 earnings per share. On average, equities analysts anticipate that Marriot Vacations Worldwide Corporation will post $5.52 earnings per share for the current fiscal year.

Marriot Vacations Worldwide Corporation announced that its Board of Directors has authorized a stock buyback plan on Thursday, August 3rd that permits the company to buyback 1,000,000 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

In related news, VP Brian E. Miller sold 10,500 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $114.61, for a total transaction of $1,203,405.00. Following the completion of the sale, the vice president now owns 12,058 shares of the company’s stock, valued at $1,381,967.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Laurie A. Sullivan sold 1,407 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of $121.04, for a total transaction of $170,303.28. Following the sale, the insider now directly owns 100 shares of the company’s stock, valued at approximately $12,104. The disclosure for this sale can be found here. Insiders have sold 53,361 shares of company stock valued at $6,313,822 in the last three months. 3.30% of the stock is owned by insiders.

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Marriot Vacations Worldwide Corporation Company Profile

Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.

Insider Buying and Selling by Quarter for Marriot Vacations Worldwide Corporation (NYSE:VAC)

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