Marriott Vacations: A Lot More For Investors In Q4 '22 And Beyond

Fade The Market
3.63K Followers

Summary

  • Revenue of $3.15B in 2019 marked the end of a three-year revenue growth streak.
  • The company shows a strong rebound post-Covid and a high potential of exceeding pre-Covid performance by Dec 2022.
  • An EPS-based model shows the company is trading below its fair value with about 75% growth potential.

Modern Luxury Villa With Large Terrace, Swimming Pool, Sofa And Lounge Chairs

onurdongel/E+ via Getty Images

Investment Thesis

Marriott Vacations Worldwide Corporation (NYSE:VAC) is a US-based vacation company. Prior to the pandemic, the company had been on an upward trajectory, with three consecutive years of increasing revenues from $1.43B in 2017 to $3.15B in 2019

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article was researched and written by January Mbuvi.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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