MSFT 417.14 0.9731% AAPL 229.0 -0.3438% NVDA 119.37 1.5137% GOOGL 163.38 0.989% GOOG 165.11 1.0465% AMZN 178.5 3.7067% META 521.31 0.5963% AVGO 162.82 3.7533% TSLA 214.11 3.7958% TSM 171.7 1.5075% LLY 960.02 2.1081% V 276.37 0.7473% JPM 224.8 1.1656% UNH 590.2 -0.2316% NVO 139.16 1.1926% WMT 77.23 1.0599% LVMUY 149.005 -0.3844% XOM 117.94 -0.1608% LVMHF 745.0 -0.4011% MA 483.34 0.5283%
Marriott International, Inc.
Marriott Vacations Worldwide Corporation (NASDAQ: VAC) is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services.
Key Updates:
Q3FY21 Financial Highlights:
Q3FY21 Income Statement Highlights (Source: Company Report)
Risks: The company’s operations might be hindered due to the imposition of lockdown and travel restrictions.
Stock Recommendation:
The stock of VAC corrected ~12% in the last week due to the rising concern of the resurgence of COVID 19 across specific countries. Moreover, further lockdown restrictions might lead to a decline in the occupancy rate. Moreover, the VAC stock closed at USD 146.99, which is below its 50-days and 100-days simple moving average, indicating a bearish trend. The stock is available at an EV to EBITDA of 9.8x on an NTM basis, as compared to the industry (Consumer Cyclicals) median of 7.3x. Considering the aforesaid facts, we recommend a ‘Watch’ stance on the stock of VAC at the last traded price of USD 150.35 on December 03, 2021.
One-Year Technical Price Chart (as on December 03, 2021). Source: REFINITIV, Analysis by Kalkine Group
*The reference data in this report has been partly sourced from REFINITIV.
Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.
Kalkine Media LLC, an affiliate of Kalkine Equities LLC, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.