Barclays Issues Pessimistic Forecast for Marriott Vacations Worldwide (NYSE:VAC) Stock Price

Marriott Vacations Worldwide (NYSE:VAC) had its price target lowered by analysts at Barclays from $116.00 to $97.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 28.52% from the stock’s current price.

A number of other equities research analysts have also recently commented on the stock. Stifel Nicolaus lowered their price objective on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating on the stock in a research note on Thursday. Truist Financial increased their price objective on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group increased their price objective on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Morgan Stanley assumed coverage on shares of Marriott Vacations Worldwide in a report on Monday, January 6th. They issued an “underweight” rating and a $87.00 target price on the stock. Finally, Mizuho upped their target price on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $103.00.

Marriott Vacations Worldwide Stock Down 2.6 %

Shares of Marriott Vacations Worldwide stock opened at $75.47 on Friday. The company has a market cap of $2.63 billion, a P/E ratio of 14.38, a PEG ratio of 0.67 and a beta of 1.83. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. Marriott Vacations Worldwide has a one year low of $67.28 and a one year high of $108.57. The firm has a fifty day moving average of $86.32 and a two-hundred day moving average of $83.15.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.35. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.24 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. On average, analysts forecast that Marriott Vacations Worldwide will post 6.23 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VAC. True Wealth Design LLC purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth about $32,000. Capital Performance Advisors LLP purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth about $39,000. Blue Trust Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 130.7% during the 4th quarter. Blue Trust Inc. now owns 533 shares of the company’s stock worth $48,000 after acquiring an additional 302 shares during the period. Brown Lisle Cummings Inc. purchased a new position in shares of Marriott Vacations Worldwide during the 4th quarter worth about $50,000. Finally, Quarry LP lifted its holdings in shares of Marriott Vacations Worldwide by 81.6% during the 3rd quarter. Quarry LP now owns 808 shares of the company’s stock worth $59,000 after acquiring an additional 363 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

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.