Marriott Vacations Worldwide (NYSE:VAC) Downgraded by Wall Street Zen to Sell

Wall Street Zen downgraded shares of Marriott Vacations Worldwide (NYSE:VAC) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.

Other equities research analysts also recently issued research reports about the stock. Truist Financial lowered their price objective on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a report on Monday, December 8th. Mizuho lowered Marriott Vacations Worldwide from an “outperform” rating to a “neutral” rating and cut their price target for the company from $85.00 to $58.00 in a report on Tuesday, November 11th. Barclays decreased their price objective on Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Finally, Citizens Jmp dropped their target price on Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Marriott Vacations Worldwide currently has an average rating of “Hold” and an average target price of $63.38.

Marriott Vacations Worldwide Trading Up 0.4%

NYSE VAC opened at $57.89 on Friday. Marriott Vacations Worldwide has a one year low of $44.58 and a one year high of $95.89. The company has a debt-to-equity ratio of 2.29, a current ratio of 3.87 and a quick ratio of 3.22. The firm has a market cap of $2.00 billion, a P/E ratio of 12.98, a P/E/G ratio of 1.26 and a beta of 1.37. The stock’s 50-day moving average is $58.76 and its 200-day moving average is $69.00.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.05. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.31 billion. Marriott Vacations Worldwide had a return on equity of 11.44% and a net margin of 3.44%.Marriott Vacations Worldwide’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.80 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. Sell-side analysts anticipate that Marriott Vacations Worldwide will post 6.23 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director William W. Mccarten bought 5,000 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were acquired at an average price of $48.08 per share, with a total value of $240,400.00. Following the completion of the transaction, the director owned 13,708 shares in the company, valued at $659,080.64. The trade was a 57.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lizanne Galbreath purchased 5,500 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was bought at an average price of $46.51 per share, with a total value of $255,805.00. Following the completion of the purchase, the director owned 25,714 shares of the company’s stock, valued at approximately $1,195,958.14. This represents a 27.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 96,100 shares of company stock worth $4,566,692 over the last three months. Company insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Marriott Vacations Worldwide

A number of institutional investors have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in shares of Marriott Vacations Worldwide in the 2nd quarter valued at about $25,000. Pinnacle Bancorp Inc. acquired a new position in Marriott Vacations Worldwide during the third quarter worth approximately $25,000. Hantz Financial Services Inc. raised its stake in Marriott Vacations Worldwide by 627.8% in the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock valued at $28,000 after buying an additional 339 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Marriott Vacations Worldwide in the third quarter valued at approximately $27,000. Finally, Assetmark Inc. boosted its stake in shares of Marriott Vacations Worldwide by 90.6% during the 2nd quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $31,000 after acquiring an additional 203 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

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.