Marriott Vacations Worldwide (NYSE:VAC) Rating Increased to Outperform at Mizuho

Marriott Vacations Worldwide (NYSE:VAC) was upgraded by research analysts at Mizuho from a “neutral” rating to an “outperform” rating in a report issued on Thursday,Benzinga reports. The brokerage presently has a $104.00 price target on the stock, up from their prior price target of $58.00. Mizuho’s target price indicates a potential upside of 51.60% from the company’s current price.

A number of other equities analysts also recently commented on VAC. Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Wells Fargo & Company upped their price objective on Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research report on Friday, February 27th. Jefferies Financial Group raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and raised their target price for the stock from $52.00 to $105.00 in a research report on Monday. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, The Goldman Sachs Group dropped their price target on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating on the stock in a research note on Tuesday, November 11th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $73.67.

Marriott Vacations Worldwide Price Performance

Shares of NYSE VAC opened at $68.60 on Thursday. The company has a debt-to-equity ratio of 2.85, a current ratio of 3.48 and a quick ratio of 2.94. The company has a market cap of $2.35 billion, a price-to-earnings ratio of -7.40, a price-to-earnings-growth ratio of 1.49 and a beta of 1.24. The stock’s 50-day moving average is $58.85 and its two-hundred day moving average is $62.76. Marriott Vacations Worldwide has a 1-year low of $44.58 and a 1-year high of $86.33.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.72 by $0.14. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the previous year, the company posted $1.86 earnings per share. The business’s revenue for the quarter was down .3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Analysts forecast that Marriott Vacations Worldwide will post 6.23 EPS for the current fiscal year.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its position in Marriott Vacations Worldwide by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock worth $9,036,000 after buying an additional 21,623 shares during the last quarter. Empowered Funds LLC lifted its position in Marriott Vacations Worldwide by 147.9% in the first quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock valued at $545,000 after purchasing an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Marriott Vacations Worldwide by 4.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock valued at $6,465,000 after purchasing an additional 4,497 shares in the last quarter. Teacher Retirement System of Texas increased its position in Marriott Vacations Worldwide by 11.8% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,850 shares of the company’s stock worth $351,000 after purchasing an additional 510 shares during the period. Finally, Hantz Financial Services Inc. increased its position 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 purchasing an additional 339 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

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.