That’s why I Feel Comfortable With Marriott Vacations Worldwide Corp’s (VAC) Future

A share price of Marriott Vacations Worldwide Corp [VAC] is currently trading at $98.00, up 2.55%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VAC shares have gain 3.51% over the last week, with a monthly amount glided 9.83%, and seem to be holding up well over a long-time horizon.

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On 29, February 2024, Marriott Vacations Worldwide to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. In a post published today on Yahoo Finance, Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced that John Geller, President and Chief Executive Officer, and Jason Marino, Executive Vice President and Chief Financial Officer, will participate in a live fireside chat at the 2024 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum in Las Vegas, Nevada on Thursday, March 14, at 3:50 p.m. PDT.

From an analyst’s perspective:

Marriott Vacations Worldwide Corp [NYSE: VAC] stock has seen the most recent analyst activity on February 13, 2024, when JMP Securities initiated its Mkt Outperform rating and assigned the stock a price target of $105. Previously, Barclays downgraded its rating to Underweight on December 15, 2023, and dropped its price target to $90. On December 15, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $90 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $65 on November 17, 2023. JP Morgan initiated its recommendation with a Neutral and recommended $105 as its price target on October 12, 2023. Jefferies downgraded its rating to Hold for this stock on October 05, 2023, and downed its price target to $112. In a note dated February 06, 2023, BofA Securities initiated an Neutral rating and provided a target price of $180 on this stock.

Marriott Vacations Worldwide Corp experienced fluctuations in its stock price throughout the past year between $72.78 and $141.03. Currently, Wall Street analysts expect the stock to reach $186.33 within the next 12 months. Marriott Vacations Worldwide Corp [NYSE: VAC] shares were valued at $98.00 at the most recent close of the market. An investor can expect a potential return of 90.13% based on the average VAC price forecast.

Analyzing the VAC fundamentals

Trailing Twelve Months sales for Marriott Vacations Worldwide Corp [NYSE:VAC] were 4.73B which represents 0.51% growth. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.96.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 96.03 points at the first support level, and at 94.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.24, and for the 2nd resistance point, it is at 100.49.

Marriott Vacations Worldwide Corp [VAC] reported earnings per share of $1.88 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.75/share, meaning a difference of $0.13 and a surprise factor of 7.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.2 per share as compared to estimates of $2.16 per share, a difference of -$0.96 representing a surprise of -44.40%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.73, the price to book ratio is 1.45 and price to earnings (TTM) ratio is 15.69.

Transactions by insiders

Recent insider trading involved Geller John E JR, President and CEO, that happened on Aug 07 ’23 when 5000.0 shares were purchased. EVP, CFO, Terry Anthony E completed a deal on Aug 07 ’23 to buy 1800.0 shares.

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