Marriott Vacations Worldwide (NYSE:VAC) Price Target Raised to $51.00 at Morgan Stanley

Marriott Vacations Worldwide (NYSE:VAC) had its price target raised by investment analysts at Morgan Stanley from $50.00 to $51.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. Morgan Stanley’s target price would suggest a potential downside of 28.83% from the company’s previous close.

A number of other analysts have also issued reports on VAC. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $92.00 price target on shares of Marriott Vacations Worldwide in a research note on Thursday, April 30th. Mizuho set a $103.00 price target on shares of Marriott Vacations Worldwide in a research note on Wednesday, May 6th. Stifel Nicolaus lifted their price target on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Barclays lifted their price objective on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $80.70.

Marriott Vacations Worldwide Stock Down 4.7%

VAC traded down $3.53 during trading hours on Tuesday, reaching $71.66. 151,572 shares of the stock traded hands, compared to its average volume of 578,463. The firm’s fifty day simple moving average is $69.88 and its two-hundred day simple moving average is $61.80. The company has a market cap of $2.46 billion, a price-to-earnings ratio of -7.10, a PEG ratio of 1.79 and a beta of 1.20. Marriott Vacations Worldwide has a fifty-two week low of $44.58 and a fifty-two week high of $86.33. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, analysts forecast that Marriott Vacations Worldwide will post 7.47 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Michael Flaskey purchased 14,862 shares of Marriott Vacations Worldwide stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $67.26 per share, with a total value of $999,618.12. Following the completion of the acquisition, the insider owned 14,862 shares in the company, valued at $999,618.12. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 13.30% of the company’s stock.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Hedge funds and other institutional investors have recently modified their holdings of the company. Pinnacle Bancorp Inc. acquired a new position in shares of Marriott Vacations Worldwide during the third quarter valued at $25,000. Advisory Services Network LLC acquired a new position in shares of Marriott Vacations Worldwide during the third quarter valued at $27,000. IFP Advisors Inc boosted its holdings in shares of Marriott Vacations Worldwide by 1,828.0% during the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after acquiring an additional 457 shares during the period. Leonteq Securities AG acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter valued at $35,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter valued at $37,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

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.