Marriott Vacations Worldwide Corp. PT Raised to $55.00 at Telsey Advisory Group (VAC)
Equities research analysts at Telsey Advisory Group lifted their price objective on shares of Marriott Vacations Worldwide Corp. (NYSE:VAC) from $50.00 to $55.00 in a research note issued to investors on Friday, Analyst Ratings Network.com reports. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 17.02% from the company’s current price.
A number of other firms have also recently commented on VAC. Analysts at Zacks upgraded shares of Marriott Vacations Worldwide Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday. They now have a $50.00 price target on the stock. Separately, analysts at Sidoti initiated coverage on shares of Marriott Vacations Worldwide Corp. in a research note to investors on Friday, August 23rd. They set a “buy” rating on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Marriott Vacations Worldwide Corp. from $43.00 to $38.00 in a research note to investors on Thursday, August 22nd. Six equities research analysts have rated the stock with a buy rating, Marriott Vacations Worldwide Corp. has an average rating of “Buy” and a consensus target price of $51.88.
Marriott Vacations Worldwide Corp. (NYSE:VAC) traded up 1.55% during mid-day trading on Friday, hitting $47.73. The stock had a trading volume of 71,504 shares. Marriott Vacations Worldwide Corp. has a 52-week low of $37.29 and a 52-week high of $48.32. The stock has a 50-day moving average of $44.23 and a 200-day moving average of $44.30. The company has a market cap of $1.689 billion and a price-to-earnings ratio of 33.01.
Marriott Vacations Worldwide Corp. (NYSE:VAC) last released its earnings data on Thursday, October 10th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.33. The company had revenue of $412.00 million for the quarter, compared to the consensus estimate of $400.32 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts predict that Marriott Vacations Worldwide Corp. will post $2.11 earnings per share for the current fiscal year.
Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacations ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.
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