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Marriott Vacations Worldwide Corp (NYSE:VAC) stock has touched a 52-week low, dipping to $64.84 amidst market fluctuations. Trading at a P/E ratio of 10.89 and below book value with a P/B of 0.91, the company offers a notable dividend yield of 4.74%. According to InvestingPro analysis, the stock appears undervalued at current levels. This latest price level reflects a significant downturn from the company’s performance over the past year, with the stock experiencing a 1-year change of -35.82%. Investors are closely monitoring the stock as it navigates through these challenging market conditions, which have seen the company’s valuation adjust to the current 52-week low. The travel and leisure sector has faced numerous headwinds, and Marriott Vacations’ latest stock price is a testament to the broader industry’s ongoing struggles. Despite market challenges, the company maintains strong fundamentals with liquid assets exceeding short-term obligations. For deeper insights into VAC’s financial health and additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Marriott Vacations Worldwide reported its fourth-quarter 2024 earnings, surpassing expectations with an earnings per share of $1.86 compared to the projected $1.61. Revenue also exceeded forecasts, reaching $1.33 billion against the anticipated $1.24 billion. The company’s adjusted EBITDA for the fourth quarter was $185 million, which was slightly below the previous year but still outperformed estimates. Marriott Vacations announced a 7% increase in contract sales, driven by a notable 9% rise in first-time buyer sales. The company provided an initial guidance for 2024, projecting a 4% growth in contract sales and expansion of its EBITDA enhancement initiatives, aiming for an increase of $100 million to $150 million. Analysts from Citizens JMP, Barclays (LON:BARC), and Mizuho (NYSE:MFG) have maintained their positive outlooks on the company, with price targets set at $115, $97, and $112, respectively. Barclays highlighted the potential for significant upside by 2026 due to business modernization efforts, while Mizuho noted some unexpected challenges affecting their price target revision. Marriott Vacations continues to focus on growth and innovation, with plans for new developments, including a resort in Waikiki and a Marriott Vacation Club in Thailand.
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