Last Updated: 12 Nov 2024
Executive Summary
Marriott Vacations Worldwide (VAC) is a leading vacation ownership company with a strong financial performance and a positive outlook. The company's stock is currently trading at $94.14, which is below its 52-week high of $106.57. However, VAC's fundamentals are strong, with the company reporting solid revenue and earnings growth in recent quarters. Analysts are generally positive on VAC, with a majority rating the stock as a "buy" or "strong buy."
Company Overview
Marriott Vacations Worldwide develops, markets, sells, and manages vacation ownership and related products. The company's portfolio includes a variety of vacation ownership resorts located in popular destinations around the world. VAC also offers a range of other products and services, such as vacation rentals, timeshares, and fractional ownership.
Fundamental Analysis
VAC's financial performance has been strong in recent years. The company's revenue has grown by an average of 7% per year over the past five years. In 2023, VAC reported revenue of $3.19 billion, up 12% from the previous year. The company's net income also grew by 12% in 2023, to $526 million.
VAC's profitability metrics are also strong. The company's gross profit margin is 63.6%, and its operating margin is 18.1%. VAC's return on assets is 3.58%, and its return on equity is 8.33%.
Technical Analysis
VAC's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. VAC's relative strength index (RSI) is also above 50, which indicates that the stock is in a bullish trend.
Short Term Outlook
VAC's short-term outlook is positive. The company's fundamentals are strong, and its stock price is trending higher. Analysts are generally positive on VAC, and the stock is rated as a "buy" or "strong buy" by a majority of analysts.
Long Term Outlook
VAC's long-term outlook is also positive. The company is well-positioned to benefit from the growing demand for vacation ownership. VAC's portfolio of resorts is located in popular destinations, and the company offers a variety of products and services that appeal to a wide range of consumers.
Analyst Recommendations
Analysts are generally positive on VAC. The stock is rated as a "buy" or "strong buy" by a majority of analysts. The average analyst target price for VAC is $99.67, which represents a potential upside of 6% from the current price.
