Is There Now An Opportunity In Marriott Vacations Worldwide Corporation (NYSE:VAC)?
Is There Now An Opportunity In Marriott Vacations Worldwide Corporation (NYSE:VAC)?
While Marriott Vacations Worldwide Corporation (NYSE:VAC) might not have the largest market cap around , it received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$108 at one point, and dropping to the lows of US$84.73. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Marriott Vacations Worldwide's current trading price of US$85.15 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Marriott Vacations Worldwide's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
儘管萬豪度假環球（NYSE：VAC）的市值可能不是最大的，但在過去幾個月裏，它在紐約證券交易所上經歷了大幅度的價格波動，並一度上升至108美元，跌至低位的84.73美元，吸引了很多投資者的關注。某些股價波動可能給投資者提供了更好的進入該股票的機會，並有可能以較低的價格購買。需要回答的問題是，萬豪度假環球的當前交易價格85.15美元是否反映了中等市值股票的實際價值？還是它目前被低估了，爲我們提供了買入的機會？讓我們來看看萬豪度假世界根據最近的財務數據展望和價值，看是否有任何催化劑可以促使價格變化。
Is Marriott Vacations Worldwide Still Cheap?
萬豪度假環球現在還便宜嗎？
Good news, investors! Marriott Vacations Worldwide is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that Marriott Vacations Worldwide's ratio of 13.99x is below its peer average of 19.93x, which indicates the stock is trading at a lower price compared to the Hospitality industry. Although, there may be another chance to buy again in the future. This is because Marriott Vacations Worldwide's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
投資者們，有好消息！根據我們的市價倍數模型對比公司市盈率與行業平均水平，萬豪度假環球現在仍然是一個便宜的股票。在本例中，我們使用市盈率（PE）比率的原因是沒有足夠的信息可靠地預測該股票的現金流。我們發現，萬豪度假環球的13.99倍PE比率低於同行業平均水平的19.93倍，這表明該股票的市值正與酒店業相比較低。雖然未來還可能有再次買入的機會，但萬豪度假環球的貝塔值（股價波動的衡量指標）很高，這意味着其價格波動將與市場其它股票相比放大。如果市場看淡，該公司的股票價格可能會比市場上其它股票下跌更多，提供一個主板的買入機會。
What kind of growth will Marriott Vacations Worldwide generate?
萬豪度假環球將產生什麼樣的增長？
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. In the upcoming year, Marriott Vacations Worldwide's earnings are expected to increase by 36%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
如果投資者想在其投資組合中尋找成長性，可能要在購買股票之前考慮公司的前景。儘管價值投資者會認爲最重要的是相對價格的內在價值，但更有說服力的投資論點應該是高成長潛力和便宜的價格。在未來一年中，萬豪度假環球的盈利預計將增長36％，表明未來前景非常樂觀。這應該會導致更強大的現金流，進而推動更高的股票價值。
What This Means For You
這對您意味着什麼？
Are you a shareholder? Since VAC is currently trading below the industry PE ratio, it may be a great time to increase your holdings in the stock. With a positive profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple.
您是股東嗎？由於VAC現在交易價格低於行業市盈率，因此目前增加持股可能是一個好時機。由於未來利潤前景樂觀，看起來這種增長還沒有完全反映在股價中。但是，還有其他因素，如其財務狀況要考慮，這可能解釋當前的價格倍數。
Are you a potential investor? If you've been keeping an eye on VAC for a while, now might be the time to make a leap. Its buoyant future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy VAC. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed assessment.
您是潛在投資者嗎？如果您一直在關注VAC，現在可能正是時候躍入了。萬豪度假環球未來蓬勃發展的利潤前景尚未完全反映在當前股價中，這意味着現在買入VAC還不晚。但在做出任何投資決策之前，請考慮其他因素，例如其管理團隊的歷史表現，以做出明智的評估。
In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. Every company has risks, and we've spotted 3 warning signs for Marriott Vacations Worldwide (of which 1 doesn't sit too well with us!) you should know about.
基於此，如果您想對公司進行更多分析，了解涉及的風險至關重要。每個公司都有風險，我們已經發現對於萬豪度假環球的3個警告跡象（其中1個不太適合我們！）您需要知道。
If you are no longer interested in Marriott Vacations Worldwide, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您對萬豪度假環球不再感興趣，您可以使用我們的免費平台查看我們的列表，其中包含50多隻具有高增長潛力的其他股票。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。