Press coverage about Marriott Vacations Worldwide Corp (NYSE:VAC) has trended somewhat positive on Thursday, according to AlphaOne. The research group, a service of Accern, identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marriott Vacations Worldwide Corp earned a daily sentiment score of 0.16 on AlphaOne’s scale. AlphaOne also assigned news headlines about the company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near future.
Several equities analysts recently issued reports on VAC shares. Stifel Nicolaus upped their price objective on shares of Marriott Vacations Worldwide Corp to $102.00 in a research note on Friday, February 24th. MKM Partners reissued a “buy” rating and set a $115.00 price objective (up previously from $104.00) on shares of Marriott Vacations Worldwide Corp in a research note on Tuesday, February 28th. Zacks Investment Research downgraded shares of Marriott Vacations Worldwide Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, February 1st. Finally, Telsey Advisory Group upped their price objective on shares of Marriott Vacations Worldwide Corp from $72.00 to $96.00 and gave the company a “market perform” rating in a research note on Friday, February 24th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $100.60.
Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) traded up 1.41% during trading on Thursday, reaching $102.88. 185,731 shares of the company traded hands. Marriott Vacations Worldwide Corp has a 12 month low of $56.33 and a 12 month high of $103.05. The firm has a market capitalization of $2.79 billion, a PE ratio of 21.30 and a beta of 1.25. The firm has a 50-day moving average price of $96.51 and a 200-day moving average price of $83.99.
Marriott Vacations Worldwide Corp (NYSE:VAC) last issued its quarterly earnings data on Thursday, February 23rd. The company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.09. The firm had revenue of $564.70 million for the quarter, compared to analyst estimates of $589.50 million. Marriott Vacations Worldwide Corp had a net margin of 6.68% and a return on equity of 13.10%. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.11 earnings per share. Equities research analysts anticipate that Marriott Vacations Worldwide Corp will post $5.23 EPS for the current year.
In other news, major shareholder J W. Marriott, Jr. sold 5,788 shares of Marriott Vacations Worldwide Corp stock in a transaction that occurred on Wednesday, March 22nd. The shares were sold at an average price of $95.33, for a total value of $551,770.04. Following the transaction, the insider now owns 11,789 shares of the company’s stock, valued at $1,123,845.37. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder J W. Marriott, Jr. sold 7,320 shares of Marriott Vacations Worldwide Corp stock in a transaction that occurred on Monday, February 27th. The shares were sold at an average price of $97.09, for a total transaction of $710,698.80. Following the completion of the transaction, the insider now directly owns 11,887 shares in the company, valued at approximately $1,154,108.83. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 20,608 shares of company stock worth $1,991,844. Insiders own 2.70% of the company’s stock.
Marriott Vacations Worldwide Corp Company Profile
Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.
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