Marriott Vacations Worldwide (NYSE:VAC) Cut to Market Perform at Citizens Jmp

Marriott Vacations Worldwide (NYSE:VAC) was downgraded by equities researchers at Citizens Jmp from an “outperform” rating to a “market perform” rating in a report released on Monday, MarketBeat.com reports.

Other research analysts have also issued research reports about the company. Zacks Research raised Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 18th. Stifel Nicolaus lifted their price target on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Truist Financial reduced their price target on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a research report on Friday, November 14th. The Goldman Sachs Group dropped their price objective on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating for the company in a report on Tuesday, November 11th. Finally, Weiss Ratings upgraded Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 3rd. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $73.67.

Marriott Vacations Worldwide Trading Down 1.8%

Shares of VAC stock opened at $70.70 on Monday. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.94 and a current ratio of 3.48. The stock has a fifty day moving average of $59.38 and a two-hundred day moving average of $62.64. Marriott Vacations Worldwide has a 1 year low of $44.58 and a 1 year high of $86.33. The firm has a market capitalization of $2.43 billion, a PE ratio of -7.63, a price-to-earnings-growth ratio of 1.84 and a beta of 1.24.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Wednesday, February 25th. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.72 by $0.14. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the prior year, the business earned $1.86 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, research analysts expect that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in Marriott Vacations Worldwide by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock valued at $9,036,000 after purchasing an additional 21,623 shares during the period. Empowered Funds LLC grew its position in shares of Marriott Vacations Worldwide by 147.9% during the 1st quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after buying an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Marriott Vacations Worldwide by 4.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock worth $6,465,000 after buying an additional 4,497 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in Marriott Vacations Worldwide by 11.8% in the second quarter. Teacher Retirement System of Texas now owns 4,850 shares of the company’s stock valued at $351,000 after buying an additional 510 shares during the period. Finally, Assetmark Inc. lifted its holdings in Marriott Vacations Worldwide by 90.6% in the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after buying an additional 203 shares during the period. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.