During the last session, Marriott Vacations Worldwide Corporation (NYSE:VAC)’s traded shares were 0.44 million, with the beta value of the company hitting 2.59. At the end of the trading day, the stock’s price was $149.27, reflecting an intraday loss of -1.15% or -$1.73. The 52-week high for the VAC share is $190.97, that puts it down -27.94 from that peak though still a striking 42.74% gain since the share price plummeted to a 52-week low of $85.47. The company’s market capitalization is $6.17B, and the average intraday trading volume over the past 10 days was 0.33 million shares, and the average trade volume was 446.34K shares over the past three months.
Marriott Vacations Worldwide Corporation (VAC) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.70. VAC has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.92.
Marriott Vacations Worldwide Corporation (NYSE:VAC) trade information
Marriott Vacations Worldwide Corporation (VAC) registered a -1.15% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.15% in intraday trading to $149.27 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is -3.47%, and it has moved by 4.48% in 30 days. Based on these gigs, the overall price performance for the year is 59.65%. The short interest in Marriott Vacations Worldwide Corporation (NYSE:VAC) is 2.72 million shares and it means that shorts have 7.01 day(s) to cover.
The consensus price target of analysts on Wall Street is $199.33, which implies an increase of 25.11% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $188.00 and $215.00 respectively. As a result, VAC is trading at a discount of -44.03% off the target high and -25.95% off the low.
Marriott Vacations Worldwide Corporation (VAC) estimates and forecasts
Statistics show that Marriott Vacations Worldwide Corporation has outperformed its competitors in share price, compared to the industry in which it operates. Marriott Vacations Worldwide Corporation (VAC) shares have gone down -19.06% during the last six months, with a year-to-date growth rate more than the industry average at 993.33% against 52.30. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 152.30% this quarter and then jump 275.30% in the quarter after that. In the rating firms’ projections, revenue will increase 36.20% compared to the previous financial year.
Revenue for the current quarter is expected to be $920.23 million as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $1.07 billion by the end of Sep 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $480 million and $649 million respectively. In this case, analysts expect current quarter sales to grow by 91.70% and then jump by 65.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -30.20%. While earnings are projected to return -314.70% in 2021, the next five years will return 15.64% per annum.
Marriott Vacations Worldwide Corporation is due to release its next quarterly earnings between November 02 and November 08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Marriott Vacations Worldwide Corporation (NYSE:VAC)’s Major holders
Marriott Vacations Worldwide Corporation insiders own 6.63% of total outstanding shares while institutional holders control 83.46%, with the float percentage being 89.38%. Blackrock Inc. is the largest shareholder of the company, while 499 institutions own stock in it. As of Mar 30, 2021, the company held over 4.82 million shares (or 11.29% of all shares), a total value of $839.8 million in shares.
The next largest institutional holding, with 3.77 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 8.83% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $656.55 million.
Also, the Mutual Funds coming in first place with the largest holdings of Marriott Vacations Worldwide Corporation (VAC) shares are Baron Growth Fund and Vanguard Total Stock Market Index Fund. Data provided on Mar 30, 2021 indicates that Baron Growth Fund owns about 1.26 million shares. This amounts to just over 2.95 percent of the company’s overall shares, with a $219.47 million market value. The same data shows that the other fund manager holds slightly less at 1.16 million, or about 2.72% of the stock, which is worth about $201.97 million.