Related Articles
Marriott Vacations Worldwide (NYSE:VAC) will release its earnings data after the market closes on Wednesday, July 31st. Analysts expect Marriott Vacations Worldwide to post earnings of $1.80 per share for the quarter. Marriott Vacations Worldwide has set its FY19 guidance at $7.33-7.94 EPS.
Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Tuesday, May 7th. The company reported $1.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.69 by ($0.24). Marriott Vacations Worldwide had a return on equity of 8.05% and a net margin of 0.60%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm earned $1.39 earnings per share. The firm’s quarterly revenue was up 85.6% on a year-over-year basis. On average, analysts expect Marriott Vacations Worldwide to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
VAC opened at $101.25 on Monday. The business’s 50-day moving average price is $97.09. The company has a debt-to-equity ratio of 1.16, a current ratio of 3.05 and a quick ratio of 2.32. Marriott Vacations Worldwide has a one year low of $60.67 and a one year high of $126.84. The firm has a market capitalization of $4.54 billion, a PE ratio of 17.22, a P/E/G ratio of 1.46 and a beta of 1.66.
In other news, Director Thomas J. Hutchison III sold 2,500 shares of the company’s stock in a transaction on Tuesday, June 25th. The stock was sold at an average price of $94.55, for a total transaction of $236,375.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Brian E. Miller sold 7,000 shares of the stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $98.45, for a total value of $689,150.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,069 shares of company stock valued at $1,179,653. Insiders own 2.30% of the company’s stock.
A number of research firms recently issued reports on VAC. JPMorgan Chase & Co. raised ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research note on Monday, June 3rd. Zacks Investment Research upgraded Gerdau from a “sell” rating to a “hold” rating in a report on Monday, May 13th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $118.00.
About Marriott Vacations Worldwide
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.
Read More: How a Strangle Strategy is different from a Straddle Strategy
Receive News & Ratings for Marriott Vacations Worldwide Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Marriott Vacations Worldwide and related companies with MarketBeat.com’s FREE daily email newsletter.
Source link
