Marriott Vacations Worldwide (NYSE:VAC) Hits New 52-Week Low at $68.84

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) hit a new 52-week low on Monday . The stock traded as low as $68.84 and last traded at $69.39, with a volume of 33716 shares trading hands. The stock had previously closed at $69.62.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. StockNews.com downgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, July 19th. Mizuho cut their target price on shares of Marriott Vacations Worldwide from $128.00 to $126.00 and set a “buy” rating for the company in a research note on Friday, June 14th. Barclays cut their target price on shares of Marriott Vacations Worldwide from $106.00 to $82.00 and set an “equal weight” rating for the company in a research note on Friday, August 2nd. Stifel Nicolaus cut their target price on shares of Marriott Vacations Worldwide from $117.00 to $108.00 and set a “buy” rating for the company in a research note on Thursday, August 1st. Finally, Truist Financial cut their target price on shares of Marriott Vacations Worldwide from $161.00 to $159.00 and set a “buy” rating for the company in a research note on Friday, July 19th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Marriott Vacations Worldwide has an average rating of “Hold” and a consensus price target of $102.67.

Marriott Vacations Worldwide Stock Performance

The stock’s 50-day moving average is $84.35 and its 200-day moving average is $91.39. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 12.87, a P/E/G ratio of 0.71 and a beta of 1.81. The company has a current ratio of 3.12, a quick ratio of 2.62 and a debt-to-equity ratio of 1.32.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Wednesday, July 31st. The company reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.89). The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.21 billion. Marriott Vacations Worldwide had a return on equity of 9.89% and a net margin of 3.41%. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the company posted $2.19 EPS. On average, analysts expect that Marriott Vacations Worldwide Co. will post 6.18 EPS for the current year.

Institutional Trading of Marriott Vacations Worldwide

Institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its holdings in Marriott Vacations Worldwide by 615.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 286 shares of the company’s stock worth $31,000 after acquiring an additional 246 shares during the period. Fidelis Capital Partners LLC purchased a new position in Marriott Vacations Worldwide in the 1st quarter worth approximately $41,000. Fifth Third Bancorp boosted its stake in shares of Marriott Vacations Worldwide by 707.5% during the 1st quarter. Fifth Third Bancorp now owns 428 shares of the company’s stock valued at $46,000 after buying an additional 375 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Marriott Vacations Worldwide by 20.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,013 shares of the company’s stock valued at $86,000 after buying an additional 175 shares during the last quarter. Finally, Innealta Capital LLC purchased a new position in shares of Marriott Vacations Worldwide during the 2nd quarter valued at approximately $90,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

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.