Marriott Vacations Worldwide (NYSE:VAC) Upgraded by Mizuho to Outperform Rating

Marriott Vacations Worldwide (NYSE:VAC) was upgraded by research analysts at Mizuho from a “neutral” rating to an “outperform” rating in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a $104.00 target price on the stock, up from their prior target price of $58.00. Mizuho’s price objective points to a potential upside of 51.60% from the company’s previous close.

A number of other research firms have also recently weighed in on VAC. Morgan Stanley reiterated an “underweight” rating and issued a $52.00 target price (down from $70.00) on shares of Marriott Vacations Worldwide in a research note on Friday, January 16th. Stifel Nicolaus raised their target price on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. The Goldman Sachs Group dropped their price target on Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating on the stock in a research report on Tuesday, November 11th. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Truist Financial lowered their price objective on Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Marriott Vacations Worldwide presently has an average rating of “Hold” and a consensus target price of $73.67.

Marriott Vacations Worldwide Stock Performance

VAC stock opened at $68.60 on Thursday. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85. The firm has a market cap of $2.35 billion, a PE ratio of -7.40, a P/E/G ratio of 1.49 and a beta of 1.24. The business has a 50 day moving average of $58.85 and a 200-day moving average of $62.76. Marriott Vacations Worldwide has a 12-month low of $44.58 and a 12-month high of $86.33.

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

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its holdings 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 acquiring an additional 21,623 shares during the period. Empowered Funds LLC increased its stake in Marriott Vacations Worldwide by 147.9% during the first quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after purchasing an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position 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 purchasing an additional 4,497 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in shares of 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 purchasing an additional 510 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in shares of 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 purchasing an additional 339 shares in the last quarter. Hedge funds and other 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.