Marriott Vacations Worldwide Corp. (VAC) Set to Announce Quarterly Earnings on Thursday
Marriott Vacations Worldwide Corp. (NYSE:VAC) will be issuing its Q413 quarterly earnings data on Thursday, February 27th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $499.73 million for the quarter.
Shares of Marriott Vacations Worldwide Corp. (NYSE:VAC) opened at 49.99 on Wednesday. Marriott Vacations Worldwide Corp. has a 1-year low of $39.03 and a 1-year high of $53.71. The stock’s 50-day moving average is $49. and its 200-day moving average is $48.58. The company has a market cap of $1.771 billion and a price-to-earnings ratio of 25.26.
Several analysts have recently commented on the stock. Analysts at JMP Securities initiated coverage on shares of Marriott Vacations Worldwide Corp. in a research note on Thursday, January 23rd. They set an “outperform” rating on the stock. On a related note, analysts at MKM Partners raised their price target on shares of Marriott Vacations Worldwide Corp. from $60.00 to $65.00 in a research note on Wednesday, December 18th. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of Marriott Vacations Worldwide Corp. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, December 11th. They now have a $56.00 price target on the stock. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $54.38.
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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