I wanted information on Marriott Vacations VAC
7/31/2024 10:23am
Marriott Vacations Worldwide Corporation (VAC) is a vacation company that develops, markets, sells, and manages vacation ownership and related businesses, products, and services. Here's a detailed analysis of the company:
1. **Financial Performance**:
- **Revenue Growth**: VAC's total revenue has shown a year-on-year growth rate of 6.45%.
- **Profitability**: The company's net income has experienced a significant decline of 25.5% year-on-year.
- **Earnings**: The diluted earnings per share (EPS) have shown a quarter-over-quarter growth rate of 6.6%.
|Ticker|Name|Net Income year-on-year growth rate|Total Revenue year-on-year growth rate|Diluted EPS QoQ growth rate|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|MAR.O|Marriott|-25.495376486129455|6.447016918967052||20240331|MAR|185|
2. **Stock Performance**:
- **Recent Stock Price**: As of July 30, 2024, VAC's stock closed at $85.37, with a 52-week range of $72.78 to $129.17.
- **Analyst Ratings**: The stock has a "Moderate Buy" rating with an average price target of $122.00, indicating a potential upside of 40.62%.
- **Market Sentiment**: Despite a moderate buy rating, the stock has experienced a significant decline of 32.6% over the last year.
3. **Business Operations**:
- **Vacation Ownership Brands**: VAC operates various vacation ownership brands, including Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Vacation Club.
- **Resort Portfolio**: The company manages a diverse portfolio of more than 60 resorts and over 13,000 vacation villas and accommodations worldwide.
- **Revenue Streams**: VAC generates revenue through the sale of vacation ownership products and the provision of management services to other resorts and lodging properties.
4. **Market and Competitive Analysis**:
- **Market Position**: VAC is part of the larger Marriott International family, which gives it access to a broad customer base and brand recognition.
- **Competitive Landscape**: VAC faces competition from other vacation ownership companies like Wyndham Hotels & Resorts, Atour Lifestyle Holdings, and Choice Hotels International.
- **Industry Trends**: The company is experiencing growth in returns on capital and is expected to report Q2, 2024 results on July 31, 2024.
In conclusion, VAC's financial performance shows a positive revenue trend but with a notable decline in net income. The company's stock has been under pressure, but analysts maintain a positive outlook with potential for growth. The company's diversified vacation ownership brands and large resort portfolio position it well in the vacation market, although it faces competitive challenges.