Marriott Vacations Worldwide Corp (NYSE:VAC) – Stock analysts at SunTrust Banks lowered their FY2019 EPS estimates for shares of Marriott Vacations Worldwide in a report issued on Wednesday, November 6th. SunTrust Banks analyst P. Scholes now expects that the company will post earnings of $7.91 per share for the year, down from their prior estimate of $7.99. SunTrust Banks currently has a “Buy” rating and a $155.00 target price on the stock. SunTrust Banks also issued estimates for Marriott Vacations Worldwide’s Q4 2019 earnings at $2.49 EPS, Q1 2020 earnings at $1.79 EPS, Q3 2020 earnings at $2.05 EPS, Q4 2020 earnings at $2.98 EPS and FY2020 earnings at $8.98 EPS.

A number of other research firms have also recently issued reports on VAC. ValuEngine raised shares of Marriott Vacations Worldwide from a “strong sell” rating to a “sell” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. dropped their price target on shares of Marriott Vacations Worldwide from $118.00 to $117.00 and set an “overweight” rating on the stock in a research note on Monday, October 7th. Deutsche Bank reissued a “hold” rating and issued a $107.00 price target on shares of Marriott Vacations Worldwide in a research note on Sunday, October 6th. Nomura set a $136.00 price target on shares of Marriott Vacations Worldwide and gave the company a “buy” rating in a research note on Wednesday, October 9th. Finally, Credit Suisse Group lifted their price target on shares of Marriott Vacations Worldwide from $124.00 to $132.00 and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Marriott Vacations Worldwide presently has a consensus rating of “Hold” and a consensus target price of $126.50.

Shares of NYSE VAC opened at $117.69 on Friday. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 20.02, a PEG ratio of 1.63 and a beta of 1.70. Marriott Vacations Worldwide has a 12 month low of $60.67 and a 12 month high of $120.61. The firm’s 50 day simple moving average is $107.78 and its 200-day simple moving average is $100.03. The company has a debt-to-equity ratio of 1.21, a current ratio of 3.41 and a quick ratio of 2.62.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Monday, November 4th. The company reported $1.97 EPS for the quarter, missing analysts’ consensus estimates of $2.04 by ($0.07). The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.12 billion. Marriott Vacations Worldwide had a return on equity of 9.34% and a net margin of 2.50%. Marriott Vacations Worldwide’s revenue for the quarter was up 51.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.42 EPS.

In other Marriott Vacations Worldwide news, COO R. Lee Cunningham sold 3,259 shares of the firm’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $112.64, for a total value of $367,093.76. Following the transaction, the chief operating officer now owns 35,440 shares in the company, valued at approximately $3,991,961.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas J. Hutchison III sold 984 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $107.71, for a total value of $105,986.64. Following the completion of the transaction, the director now owns 20,449 shares in the company, valued at approximately $2,202,561.79. The disclosure for this sale can be found here. Insiders sold a total of 10,084 shares of company stock worth $1,109,736 in the last three months. 2.30% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Marriott Vacations Worldwide by 4.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,696 shares of the company’s stock valued at $279,000 after purchasing an additional 110 shares in the last quarter. First Hawaiian Bank lifted its holdings in Marriott Vacations Worldwide by 1.2% in the 3rd quarter. First Hawaiian Bank now owns 9,749 shares of the company’s stock valued at $1,010,000 after purchasing an additional 113 shares in the last quarter. Asset Planning Services Ltd. lifted its holdings in Marriott Vacations Worldwide by 11.8% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,190 shares of the company’s stock valued at $115,000 after purchasing an additional 126 shares in the last quarter. Whittier Trust Co. lifted its holdings in Marriott Vacations Worldwide by 59.1% in the 3rd quarter. Whittier Trust Co. now owns 342 shares of the company’s stock valued at $35,000 after purchasing an additional 127 shares in the last quarter. Finally, Aperio Group LLC lifted its holdings in Marriott Vacations Worldwide by 1.0% in the 2nd quarter. Aperio Group LLC now owns 13,589 shares of the company’s stock valued at $1,310,000 after purchasing an additional 132 shares in the last quarter. Institutional investors own 81.19% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management.

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Earnings History and Estimates for Marriott Vacations Worldwide (NYSE:VAC)

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