Somewhat Favorable Media Coverage Very Unlikely to Impact Marriot Vacations Worldwide Corporation (VAC) Stock Price

Media headlines about Marriot Vacations Worldwide Corporation (NYSE:VAC) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Marriot Vacations Worldwide Corporation earned a news impact score of 0.20 on Accern’s scale. Accern also gave news headlines about the company an impact score of 21 out of 100, meaning that recent media coverage is very unlikely to have an impact on the company’s share price in the near term.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of brokerages recently issued reports on VAC. Deutsche Bank AG boosted their target price on shares of Marriot Vacations Worldwide Corporation from $80.00 to $92.00 and gave the stock a “hold” rating in a research report on Monday, May 8th. Zacks Investment Research lowered shares of Marriot Vacations Worldwide Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 9th. BidaskClub lowered shares of Marriot Vacations Worldwide Corporation from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 23rd. Stifel Nicolaus boosted their target price on shares of Marriot Vacations Worldwide Corporation from $102.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, May 22nd. Finally, Buckingham Research began coverage on shares of Marriot Vacations Worldwide Corporation in a research report on Monday, June 19th. They set a “buy” rating and a $142.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. Marriot Vacations Worldwide Corporation has an average rating of “Buy” and a consensus price target of $118.63.

Shares of Marriot Vacations Worldwide Corporation (NYSE VAC) traded down 0.54% during midday trading on Friday, reaching $108.79. 229,422 shares of the company’s stock traded hands. The stock has a 50 day moving average of $116.14 and a 200-day moving average of $105.99. Marriot Vacations Worldwide Corporation has a 52-week low of $59.33 and a 52-week high of $128.25. The stock has a market cap of $2.94 billion, a price-to-earnings ratio of 19.57 and a beta of 1.14.

Marriot Vacations Worldwide Corporation (NYSE:VAC) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.34. The business had revenue of $497.62 million for the quarter, compared to analysts’ expectations of $489.85 million. Marriot Vacations Worldwide Corporation had a return on equity of 16.96% and a net margin of 7.90%. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.08 EPS. On average, equities research analysts expect that Marriot Vacations Worldwide Corporation will post $5.52 EPS for the current year.

Marriot Vacations Worldwide Corporation announced that its Board of Directors has initiated a share repurchase program on Thursday, August 3rd that authorizes the company to buyback 1,000,000 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

In other news, VP Brian E. Miller sold 10,500 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $114.61, for a total transaction of $1,203,405.00. Following the transaction, the vice president now directly owns 12,058 shares in the company, valued at approximately $1,381,967.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Laurie A. Sullivan sold 1,407 shares of the stock in a transaction dated Monday, June 26th. The shares were sold at an average price of $121.04, for a total value of $170,303.28. Following the transaction, the insider now owns 100 shares in the company, valued at $12,104. The disclosure for this sale can be found here. Insiders have sold a total of 53,361 shares of company stock worth $6,313,822 in the last three months. 3.30% of the stock is currently owned by insiders.

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About Marriot Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.

Insider Buying and Selling by Quarter for Marriot Vacations Worldwide Corporation (NYSE:VAC)

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