Morgan Stanley Forecasts Strong Price Appreciation for Marriott Vacations Worldwide (NYSE:VAC) Stock

Marriott Vacations Worldwide (NYSE:VAC) had its target price raised by equities researchers at Morgan Stanley from $51.00 to $52.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. Morgan Stanley’s price target indicates a potential downside of 47.93% from the company’s previous close.

VAC has been the subject of several other research reports. Zacks Research cut shares of Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Marriott Vacations Worldwide in a research report on Friday, June 12th. Barclays boosted their price target on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company upped their price target on Marriott Vacations Worldwide from $66.00 to $68.00 and gave the stock an “underweight” rating in a report on Tuesday. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $86.70.

Marriott Vacations Worldwide Price Performance

NYSE:VAC traded down $1.96 during trading hours on Friday, hitting $99.87. The company’s stock had a trading volume of 160,240 shares, compared to its average volume of 550,310. The business’s 50-day moving average is $89.47 and its two-hundred day moving average is $73.04. The company has a market capitalization of $3.43 billion, a PE ratio of -9.90, a PEG ratio of 2.26 and a beta of 1.22. The company has a debt-to-equity ratio of 2.80, a quick ratio of 2.77 and a current ratio of 3.30. Marriott Vacations Worldwide has a 52-week low of $44.58 and a 52-week high of $105.97.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. Marriott Vacations Worldwide’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business posted $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, research analysts anticipate that Marriott Vacations Worldwide will post 7.31 EPS for the current fiscal year.

Institutional Trading of Marriott Vacations Worldwide

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VAC. Handelsbanken Fonder AB lifted its holdings in Marriott Vacations Worldwide by 231.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 13,177 shares of the company’s stock valued at $1,342,000 after purchasing an additional 9,200 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Marriott Vacations Worldwide by 30.2% in the first quarter. California State Teachers Retirement System now owns 35,683 shares of the company’s stock valued at $2,324,000 after buying an additional 8,281 shares during the last quarter. Quantinno Capital Management LP grew its stake in Marriott Vacations Worldwide by 12.3% in the 1st quarter. Quantinno Capital Management LP now owns 474,037 shares of the company’s stock worth $30,869,000 after acquiring an additional 52,007 shares during the period. Public Employees Retirement System of Ohio grew its stake in Marriott Vacations Worldwide by 51.2% in the 1st quarter. Public Employees Retirement System of Ohio now owns 65,679 shares of the company’s stock worth $4,277,000 after acquiring an additional 22,236 shares during the period. Finally, Caxton Associates LLP raised its holdings in Marriott Vacations Worldwide by 13.6% in the 1st quarter. Caxton Associates LLP now owns 57,242 shares of the company’s stock valued at $3,728,000 after acquiring an additional 6,852 shares during the last quarter. Hedge funds and other institutional investors 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.