News stories about Marriott Vacations Worldwide (NYSE:VAC) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Marriott Vacations Worldwide earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.3420386135222 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Exclusive-Marriott Vacations in the Lead to Clinch Merger With ILG-Sources (nytimes.com)
- Noteworthy Monday Option Activity: VAC, NXST, JACK (nasdaq.com)
- Exclusive – Marriott Vacations in lead to clinch merger with ILG – sources (finance.yahoo.com)
- Marriott Vacations Worldwide Corp (VAC) Expected to Announce Quarterly Sales of $534.07 Million (americanbankingnews.com)
- $1.50 EPS Expected for Marriott Vacations Worldwide Corp (VAC) This Quarter (americanbankingnews.com)
Several equities analysts recently weighed in on VAC shares. Zacks Investment Research lowered shares of Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. ValuEngine raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. SunTrust Banks lifted their price target on shares of Marriott Vacations Worldwide to $149.00 and gave the company a “hold” rating in a research report on Tuesday, March 27th. They noted that the move was a valuation call. Finally, Macquarie started coverage on shares of Marriott Vacations Worldwide in a research report on Friday, January 5th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $137.00.
Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Tuesday, February 27th. The company reported $1.56 EPS for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.40. The company had revenue of $481.22 million for the quarter, compared to analyst estimates of $491.36 million. Marriott Vacations Worldwide had a net margin of 11.61% and a return on equity of 16.46%. The company’s quarterly revenue was down 14.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.83 earnings per share. research analysts predict that Marriott Vacations Worldwide will post 6.94 EPS for the current fiscal year.
In other news, VP Dwight D. Smith sold 1,250 shares of the firm’s stock in a transaction on Wednesday, March 7th. The shares were sold at an average price of $146.60, for a total value of $183,250.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Michael E. Yonker sold 1,242 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $151.06, for a total transaction of $187,616.52. Following the completion of the sale, the vice president now owns 4,894 shares in the company, valued at approximately $739,287.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,128 shares of company stock worth $748,368. 3.50% of the stock is currently owned by corporate insiders.
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Marriott Vacations Worldwide Company Profile
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.
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