Marriott Vacations Worldwide (NYSE:VAC) Rating Increased to Strong-Buy at Zacks Research

Marriott Vacations Worldwide (NYSE:VAC) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. The Goldman Sachs Group reissued a “buy” rating and set a $132.00 price target on shares of Marriott Vacations Worldwide in a research note on Friday. Barclays raised their price target on Marriott Vacations Worldwide from $94.00 to $140.00 and gave the company an “overweight” rating in a report on Friday. Wells Fargo & Company lifted their price objective on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an “underweight” rating in a research report on Friday, August 7th. Finally, Morgan Stanley boosted their price objective on Marriott Vacations Worldwide from $51.00 to $52.00 and gave the stock an “underweight” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $97.80.

Marriott Vacations Worldwide Trading Up 1.9%

Shares of Marriott Vacations Worldwide stock opened at $115.37 on Monday. The firm has a market capitalization of $3.97 billion, a PE ratio of -11.84, a price-to-earnings-growth ratio of 2.11 and a beta of 1.23. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.56 and a quick ratio of 2.99. The company’s fifty day moving average price is $98.65 and its two-hundred day moving average price is $78.42. Marriott Vacations Worldwide has a 52-week low of $44.58 and a 52-week high of $131.34.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Thursday, August 6th. The company reported $2.31 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period last year, the firm earned $1.96 EPS. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, analysts expect that Marriott Vacations Worldwide will post 8.89 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VAC. Ieq Capital LLC acquired a new stake in shares of Marriott Vacations Worldwide during the second quarter worth $599,000. Allworth Financial LP acquired a new position in Marriott Vacations Worldwide in the second quarter valued at about $54,000. Pallas Capital Advisors LLC acquired a new position in Marriott Vacations Worldwide in the second quarter valued at about $2,812,000. Deutsche Bank AG bought a new position in Marriott Vacations Worldwide during the second quarter worth about $10,966,000. Finally, Bank of New York Mellon Corp bought a new position in Marriott Vacations Worldwide during the second quarter worth about $17,975,000. 89.52% of the stock is currently owned by institutional investors.

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.