Equities analysts expect Hilton Grand Vacations Inc (NYSE:HGV) to report earnings of $0.62 per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Hilton Grand Vacations’ earnings, with estimates ranging from $0.51 to $0.72. Hilton Grand Vacations posted earnings of $0.51 per share during the same quarter last year, which would indicate a positive year over year growth rate of 21.6%. The business is scheduled to report its next earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that Hilton Grand Vacations will report full year earnings of $2.83 per share for the current year, with EPS estimates ranging from $2.50 to $3.02. For the next year, analysts anticipate that the firm will post earnings of $3.07 per share, with EPS estimates ranging from $2.78 to $3.35. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Hilton Grand Vacations.
HGV has been the topic of a number of research reports. SunTrust Banks set a $50.00 price target on Hilton Grand Vacations and gave the company a “buy” rating in a research report on Thursday, March 1st. ValuEngine upgraded Hilton Grand Vacations from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded Hilton Grand Vacations from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research report on Wednesday, January 3rd. Finally, Macquarie started coverage on Hilton Grand Vacations in a report on Friday, January 5th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $44.00.
Shares of Hilton Grand Vacations stock opened at $44.56 on Thursday. Hilton Grand Vacations has a 12-month low of $27.96 and a 12-month high of $47.75. The company has a debt-to-equity ratio of 2.06, a quick ratio of 3.34 and a current ratio of 4.49. The firm has a market capitalization of $4,369.07, a PE ratio of 13.59 and a beta of 0.96.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its holdings in shares of Hilton Grand Vacations by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,978 shares of the company’s stock worth $107,000 after buying an additional 202 shares during the period. Rhumbline Advisers increased its holdings in shares of Hilton Grand Vacations by 2.0% in the third quarter. Rhumbline Advisers now owns 66,938 shares of the company’s stock worth $2,586,000 after buying an additional 1,306 shares during the period. American International Group Inc. increased its holdings in shares of Hilton Grand Vacations by 204.0% in the fourth quarter. American International Group Inc. now owns 2,432 shares of the company’s stock worth $102,000 after buying an additional 1,632 shares during the period. California Public Employees Retirement System increased its holdings in shares of Hilton Grand Vacations by 2.2% in the third quarter. California Public Employees Retirement System now owns 77,497 shares of the company’s stock worth $2,994,000 after buying an additional 1,700 shares during the period. Finally, Teachers Advisors LLC increased its holdings in shares of Hilton Grand Vacations by 1.8% in the fourth quarter. Teachers Advisors LLC now owns 108,949 shares of the company’s stock worth $4,570,000 after buying an additional 1,914 shares during the period. Hedge funds and other institutional investors own 97.59% of the company’s stock.
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About Hilton Grand Vacations
Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.
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