The Goldman Sachs Group Has Lowered Expectations for Marriott Vacations Worldwide (NYSE:VAC) Stock Price

Marriott Vacations Worldwide (NYSE:VAC) had its target price decreased by stock analysts at The Goldman Sachs Group from $63.00 to $54.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “sell” rating on the stock. The Goldman Sachs Group’s price objective points to a potential upside of 14.64% from the stock’s current price.

Several other research firms have also recently issued reports on VAC. Stifel Nicolaus set a $83.00 target price on Marriott Vacations Worldwide in a research report on Thursday, November 6th. Morgan Stanley set a $70.00 price objective on shares of Marriott Vacations Worldwide in a report on Wednesday, October 22nd. Truist Financial reduced their price objective on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating on the stock in a research report on Thursday, August 21st. Citizens Jmp dropped their target price on shares of Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating for the company in a research report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Marriott Vacations Worldwide in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and an average price target of $73.71.

Marriott Vacations Worldwide Price Performance

Shares of NYSE:VAC opened at $47.11 on Tuesday. The company has a market capitalization of $1.63 billion, a P/E ratio of 10.56, a P/E/G ratio of 1.03 and a beta of 1.50. Marriott Vacations Worldwide has a 1-year low of $46.30 and a 1-year high of $99.42. The firm’s 50 day simple moving average is $68.29 and its two-hundred day simple moving average is $70.86. The company has a debt-to-equity ratio of 2.29, a current ratio of 3.87 and a quick ratio of 3.22.

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

Institutional Investors Weigh In On Marriott Vacations Worldwide

Hedge funds have recently bought and sold shares of the business. Teacher Retirement System of Texas purchased a new position in shares of Marriott Vacations Worldwide in the 1st quarter worth $279,000. Envestnet Asset Management Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 8.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 5,993 shares of the company’s stock valued at $385,000 after acquiring an additional 443 shares during the last quarter. Allianz Asset Management GmbH grew its position in Marriott Vacations Worldwide by 109.3% in the first quarter. Allianz Asset Management GmbH now owns 75,676 shares of the company’s stock worth $4,861,000 after acquiring an additional 39,522 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Marriott Vacations Worldwide during the first quarter worth approximately $406,000. Finally, Neo Ivy Capital Management purchased a new stake in Marriott Vacations Worldwide during the first quarter valued at approximately $612,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

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.