Wells Fargo & Company Issues Positive Forecast for Marriott Vacations Worldwide (NYSE:VAC) Stock Price

Marriott Vacations Worldwide (NYSE:VAC) had its target price lifted by equities researchers at Wells Fargo & Company from $58.00 to $66.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “underweight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential downside of 13.24% from the company’s current price.

A number of other analysts have also weighed in on the company. Zacks Research upgraded Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Monday. Jefferies Financial Group upgraded Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and increased their target price for the stock from $52.00 to $105.00 in a research note on Monday, March 2nd. Weiss Ratings lowered Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, March 17th. Mizuho set a $103.00 price target on Marriott Vacations Worldwide in a research note on Wednesday. Finally, The Goldman Sachs Group restated a “sell” rating and set a $70.00 price target on shares of Marriott Vacations Worldwide in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $80.60.

Marriott Vacations Worldwide Trading Down 2.8%

VAC traded down $2.19 during trading on Thursday, reaching $76.08. The company had a trading volume of 45,087 shares, compared to its average volume of 580,970. The stock has a market cap of $2.61 billion, a P/E ratio of -7.54, a PEG ratio of 1.78 and a beta of 1.20. The business has a 50 day simple moving average of $68.93 and a 200-day simple moving average of $61.62. Marriott Vacations Worldwide has a 52 week low of $44.58 and a 52 week high of $86.33. The company has a quick ratio of 2.94, a current ratio of 3.30 and a debt-to-equity ratio of 2.80.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the business earned $1.66 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities analysts anticipate that Marriott Vacations Worldwide will post 7.19 EPS for the current fiscal year.

Insider Transactions at Marriott Vacations Worldwide

In related news, insider Michael Flaskey bought 14,862 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were bought at an average price of $67.26 per share, for a total transaction of $999,618.12. Following the completion of the purchase, the insider directly owned 14,862 shares of the company’s stock, valued at approximately $999,618.12. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pinnacle Bancorp Inc. purchased a new position in Marriott Vacations Worldwide in the third quarter valued at about $25,000. Advisory Services Network LLC purchased a new position in Marriott Vacations Worldwide in the third quarter valued at about $27,000. IFP Advisors Inc grew its stake in Marriott Vacations Worldwide by 1,828.0% in the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after purchasing an additional 457 shares during the last quarter. Leonteq Securities AG purchased a new position in Marriott Vacations Worldwide in the fourth quarter valued at about $35,000. Finally, Kestra Advisory Services LLC purchased a new position in Marriott Vacations Worldwide in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

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.