Equities research analysts forecast that Hilton Grand Vacations Inc (NYSE:HGV) will post $0.30 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Hilton Grand Vacations’ earnings. The highest EPS estimate is $0.70 and the lowest is ($0.06). Hilton Grand Vacations reported earnings of $0.43 per share in the same quarter last year, which would indicate a negative year over year growth rate of 30.2%. The business is expected to report its next quarterly earnings results on Thursday, August 6th.
According to Zacks, analysts expect that Hilton Grand Vacations will report full-year earnings of $0.14 per share for the current year, with EPS estimates ranging from ($0.75) to $1.03. For the next year, analysts expect that the company will post earnings of $2.08 per share, with EPS estimates ranging from $1.83 to $2.19. Zacks’ EPS averages are an average based on a survey of research firms that cover Hilton Grand Vacations.
Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.34). Hilton Grand Vacations had a net margin of 9.72% and a return on equity of 32.55%. The business had revenue of $351.00 million for the quarter, compared to the consensus estimate of $411.39 million. During the same period in the previous year, the business posted $0.58 EPS. Hilton Grand Vacations’s revenue was down 22.0% compared to the same quarter last year.
HGV has been the topic of several analyst reports. SunTrust Banks lowered their price target on Hilton Grand Vacations from $43.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Credit Suisse Group initiated coverage on shares of Hilton Grand Vacations in a research note on Thursday, May 21st. They issued a “buy” rating and a $23.00 price objective on the stock. Zacks Investment Research downgraded shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Monday, May 4th. ValuEngine upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Friday, May 8th. Finally, Nomura lowered their price objective on shares of Hilton Grand Vacations from $33.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $31.56.
HGV stock traded up $0.75 during midday trading on Thursday, hitting $19.40. 892,000 shares of the company traded hands, compared to its average volume of 1,063,577. Hilton Grand Vacations has a twelve month low of $8.28 and a twelve month high of $36.56. The company has a quick ratio of 5.30, a current ratio of 7.59 and a debt-to-equity ratio of 3.96. The business has a 50 day simple moving average of $21.09 and a 200-day simple moving average of $25.03. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 10.00 and a beta of 2.26.
A number of institutional investors and hedge funds have recently bought and sold shares of HGV. First Trust Advisors LP boosted its stake in Hilton Grand Vacations by 5.3% during the first quarter. First Trust Advisors LP now owns 101,725 shares of the company’s stock worth $3,138,000 after buying an additional 5,109 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Hilton Grand Vacations by 77.0% during the fourth quarter. Russell Investments Group Ltd. now owns 5,768 shares of the company’s stock valued at $197,000 after acquiring an additional 2,510 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Hilton Grand Vacations by 6.3% during the fourth quarter. Victory Capital Management Inc. now owns 17,816 shares of the company’s stock valued at $569,000 after acquiring an additional 1,054 shares during the period. Principal Financial Group Inc. bought a new position in shares of Hilton Grand Vacations during the fourth quarter valued at $276,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Hilton Grand Vacations by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 530,096 shares of the company’s stock valued at $18,231,000 after acquiring an additional 13,091 shares during the period. Hedge funds and other institutional investors own 92.96% of the company’s stock.
Hilton Grand Vacations Company Profile
Hilton Grand Vacations Inc, a timeshare company, develops, markets, and operates vacation ownership 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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