Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report) Director Christian Asmar sold 750,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the sale, the director directly owned 3,380,818 shares of the company’s stock, valued at $376,927,398.82. The trade was a 18.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Marriott Vacations Worldwide Stock Performance
VAC opened at $112.19 on Friday. The company has a current ratio of 3.56, a quick ratio of 2.99 and a debt-to-equity ratio of 2.65. The company has a market cap of $3.86 billion, a price-to-earnings ratio of -11.52, a PEG ratio of 2.10 and a beta of 1.23. The company’s 50 day moving average is $103.02 and its 200 day moving average is $81.66. Marriott Vacations Worldwide Corporation has a 12-month low of $44.58 and a 12-month high of $131.34.
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the business posted $1.96 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, equities research analysts predict that Marriott Vacations Worldwide Corporation will post 8.88 EPS for the current year.
Institutional Investors Weigh In On Marriott Vacations Worldwide
Wall Street Analyst Weigh In
A number of brokerages recently commented on VAC. Morgan Stanley reaffirmed an “underweight” rating and issued a $65.00 target price on shares of Marriott Vacations Worldwide in a report on Tuesday. Wells Fargo & Company upped their price target on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an “underweight” rating in a research report on Friday, August 7th. Susquehanna assumed coverage on Marriott Vacations Worldwide in a research note on Tuesday. They issued a “neutral” rating and a $110.00 price objective on the stock. Weiss Ratings raised Marriott Vacations Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $134.00 price objective on shares of Marriott Vacations Worldwide in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $101.45.
Get Our Latest Stock Analysis on Marriott Vacations Worldwide
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.
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