Mizuho Downgrades Marriott Vacations Worldwide (NYSE:VAC) to Neutral

Marriott Vacations Worldwide (NYSE:VAC) was downgraded by research analysts at Mizuho from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday, MarketBeat reports. They presently have a $58.00 price target on the stock, down from their prior price target of $85.00. Mizuho’s price objective suggests a potential upside of 23.13% from the company’s current price.

A number of other research analysts have also recently commented on the company. Morgan Stanley set a $70.00 price objective on Marriott Vacations Worldwide in a report on Wednesday, October 22nd. Truist Financial reduced their target price on 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. The Goldman Sachs Group increased their price target on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a “sell” rating in a report on Wednesday, August 6th. Barclays reduced their price objective on shares of Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. Finally, Citizens Jmp lowered 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 note on Friday, November 7th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $73.71.

Marriott Vacations Worldwide Trading Up 0.7%

Shares of VAC stock opened at $47.11 on Tuesday. The company has a current ratio of 3.87, a quick ratio of 3.22 and a debt-to-equity ratio of 2.29. Marriott Vacations Worldwide has a twelve month low of $46.30 and a twelve month high of $99.42. The company’s 50-day moving average price is $68.29 and its 200-day moving average price is $70.86. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 10.56, a PEG ratio of 1.03 and a beta of 1.50.

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

Institutional Trading of Marriott Vacations Worldwide

Several hedge funds have recently made changes to their positions in the business. Ameritas Advisory Services LLC purchased a new position in shares of Marriott Vacations Worldwide in the second quarter valued at approximately $25,000. Pinnacle Bancorp Inc. purchased a new stake in Marriott Vacations Worldwide during the 3rd quarter worth approximately $25,000. Hantz Financial Services Inc. lifted its holdings in Marriott Vacations Worldwide by 627.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock worth $28,000 after buying an additional 339 shares in the last quarter. Assetmark Inc. lifted its holdings in 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 buying an additional 203 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Marriott Vacations Worldwide by 79.8% in the 2nd quarter. Allworth Financial LP now owns 473 shares of the company’s stock valued at $34,000 after buying an additional 210 shares during the period. Institutional investors and hedge funds 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.