Equities research analysts expect Hilton Grand Vacations Inc (NYSE:HGV) to post earnings of $1.20 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Hilton Grand Vacations’ earnings, with the lowest EPS estimate coming in at $1.18 and the highest estimate coming in at $1.21. Hilton Grand Vacations posted earnings of $0.52 per share in the same quarter last year, which would indicate a positive year over year growth rate of 130.8%. The business is expected to issue its next earnings results on Wednesday, February 27th.
On average, analysts expect that Hilton Grand Vacations will report full year earnings of $3.01 per share for the current fiscal year, with EPS estimates ranging from $3.01 to $3.02. For the next financial year, analysts forecast that the business will post earnings of $2.86 per share, with EPS estimates ranging from $2.77 to $2.93. Zacks’ EPS averages are an average based on a survey of research analysts that follow Hilton Grand Vacations.
Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings results on Wednesday, October 31st. The company reported $0.42 EPS for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.03). Hilton Grand Vacations had a net margin of 20.01% and a return on equity of 45.87%. The firm had revenue of $427.00 million for the quarter, compared to the consensus estimate of $429.21 million. During the same quarter in the prior year, the company earned $0.43 earnings per share. The company’s quarterly revenue was up .2% compared to the same quarter last year.
A number of equities research analysts recently commented on HGV shares. ValuEngine upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. JPMorgan Chase & Co. lowered their price target on shares of Hilton Grand Vacations from $47.00 to $39.00 and set a “buy” rating for the company in a report on Friday, November 2nd. Zacks Investment Research upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Monday, September 17th. Goldman Sachs Group decreased their price objective on shares of Hilton Grand Vacations to $39.00 and set a “buy” rating for the company in a report on Tuesday, November 27th. Finally, Macquarie upgraded shares of Hilton Grand Vacations from a “neutral” rating to an “outperform” rating in a report on Thursday, November 15th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $42.00.
Hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Arbitrage SA raised its holdings in Hilton Grand Vacations by 586.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,867 shares of the company’s stock worth $134,000 after purchasing an additional 3,304 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Hilton Grand Vacations by 48.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,310 shares of the company’s stock worth $184,000 after purchasing an additional 1,727 shares in the last quarter. Poehling Capital Management LLC raised its holdings in Hilton Grand Vacations by 69.8% in the 3rd quarter. Poehling Capital Management LLC now owns 6,894 shares of the company’s stock worth $228,000 after purchasing an additional 2,833 shares in the last quarter. Piedmont Investment Advisors Inc. bought a new position in Hilton Grand Vacations in the 3rd quarter worth $232,000. Finally, First Hawaiian Bank bought a new position in Hilton Grand Vacations in the 3rd quarter worth $247,000. Institutional investors and hedge funds own 95.21% of the company’s stock.
NYSE:HGV traded down $0.63 during midday trading on Friday, reaching $28.57. 2,141,800 shares of the stock traded hands, compared to its average volume of 1,221,705. Hilton Grand Vacations has a 12 month low of $26.20 and a 12 month high of $47.75. The company has a quick ratio of 3.35, a current ratio of 4.69 and a debt-to-equity ratio of 2.38. The firm has a market capitalization of $2.83 billion, a P/E ratio of 14.50, a P/E/G ratio of 1.94 and a beta of 1.48.
Hilton Grand Vacations Company Profile
Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.
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