Wall Street brokerages predict that ILG Inc (NASDAQ:ILG) will report earnings of $0.26 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for ILG’s earnings, with estimates ranging from $0.25 to $0.28. ILG posted earnings of $0.48 per share in the same quarter last year, which suggests a negative year over year growth rate of 45.8%. The firm is expected to report its next quarterly earnings report on Tuesday, February 27th.
According to Zacks, analysts expect that ILG will report full year earnings of $1.13 per share for the current financial year, with EPS estimates ranging from $1.12 to $1.15. For the next fiscal year, analysts expect that the business will report earnings of $1.31 per share, with EPS estimates ranging from $1.23 to $1.36. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for ILG.
ILG (NASDAQ:ILG) last issued its earnings results on Tuesday, November 7th. The business services provider reported $0.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.01). ILG had a return on equity of 10.46% and a net margin of 7.04%. The business had revenue of $446.00 million for the quarter, compared to the consensus estimate of $429.56 million. During the same quarter in the prior year, the firm posted $0.39 earnings per share. The business’s revenue was up 6.7% compared to the same quarter last year.
ILG has been the subject of several research analyst reports. Instinet initiated coverage on ILG in a research note on Friday, October 6th. They set a “buy” rating and a $35.00 target price for the company. Oppenheimer lifted their target price on ILG from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 8th. Macquarie initiated coverage on ILG in a research note on Friday, January 5th. They set a “neutral” rating for the company. SunTrust Banks reiterated a “buy” rating and set a $30.00 target price on shares of ILG in a research note on Friday, November 10th. Finally, Nomura lifted their target price on ILG from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. ILG has an average rating of “Buy” and a consensus price target of $31.00.
Shares of ILG (NASDAQ ILG) traded up $0.61 during midday trading on Friday, hitting $29.61. The stock had a trading volume of 794,469 shares, compared to its average volume of 928,645. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.75 and a quick ratio of 1.07. ILG has a one year low of $17.70 and a one year high of $30.70. The company has a market cap of $3,650.00, a P/E ratio of 29.32 and a beta of 1.49.
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Investors of record on Tuesday, December 5th were paid a $0.15 dividend. The ex-dividend date was Monday, December 4th. This represents a $0.60 annualized dividend and a yield of 2.03%. ILG’s dividend payout ratio (DPR) is presently 59.41%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Huntington National Bank bought a new stake in ILG in the 3rd quarter valued at $128,000. Advisor Group Inc. boosted its stake in ILG by 28.0% in the 2nd quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,119 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in ILG by 11.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock valued at $147,000 after purchasing an additional 550 shares during the period. Crossmark Global Holdings Inc. bought a new stake in ILG in the 3rd quarter valued at $215,000. Finally, LS Investment Advisors LLC boosted its stake in ILG by 118.4% in the 3rd quarter. LS Investment Advisors LLC now owns 8,433 shares of the business services provider’s stock valued at $225,000 after purchasing an additional 4,572 shares during the period. Institutional investors and hedge funds own 80.27% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This story was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/01/17/ilg-inc-ilg-expected-to-post-earnings-of-0-26-per-share.html.
ILG Company Profile
ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties.
Get a free copy of the Zacks research report on ILG (ILG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for ILG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ILG and related companies with MarketBeat.com's FREE daily email newsletter.