Marriott Vacations Worldwide Corporation’s (NYSE:VAC) Shares Bounce 26% But Its Business Still Trails The Market
Marriott Vacations Worldwide Corporation (NYSE:VAC) shareholders are no doubt pleased to see that the share price has bounced 26% in the last month, although it is still struggling to make up recently lost ground. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 35% over that time.
Even after such a large jump in price, Marriott Vacations Worldwide may still be sending bullish signals at the moment with its price-to-earnings (or “P/E”) ratio of 9.8x, since almost half of all companies in the United States have P/E ratios greater than 18x and even P/E’s higher than 32x are not unusual. Nonetheless, we’d need to dig a little deeper to determine if there is a…
