Analysts Anticipate Hilton Grand Vacations Inc. (HGV) to Post $0.51 EPS

Equities analysts predict that Hilton Grand Vacations Inc. (NYSE:HGV) will post $0.51 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Hilton Grand Vacations’ earnings. The highest EPS estimate is $0.52 and the lowest is $0.50. Hilton Grand Vacations posted earnings of $0.38 per share in the same quarter last year, which indicates a positive year over year growth rate of 34.2%. The business is scheduled to report its next quarterly earnings results on Wednesday, March 7th.

According to Zacks, analysts expect that Hilton Grand Vacations will report full-year earnings of $1.95 per share for the current fiscal year, with EPS estimates ranging from $1.94 to $1.97. For the next year, analysts forecast that the firm will report earnings of $2.16 per share, with EPS estimates ranging from $2.12 to $2.23. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Hilton Grand Vacations.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.01. The firm had revenue of $426.00 million during the quarter, compared to the consensus estimate of $435.83 million. Hilton Grand Vacations had a net margin of 10.84% and a return on equity of 80.77%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.35 EPS.

HGV has been the topic of a number of research reports. Nomura upped their price target on shares of Hilton Grand Vacations from $44.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. Instinet reiterated a “buy” rating and issued a $45.00 price target (up previously from $44.00) on shares of Hilton Grand Vacations in a research note on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. Hilton Grand Vacations has a consensus rating of “Buy” and an average price target of $38.78.

Hilton Grand Vacations (NYSE HGV) traded up $0.11 during midday trading on Thursday, reaching $40.75. 1,110,727 shares of the company’s stock were exchanged, compared to its average volume of 513,528. The stock has a market cap of $4,037.88 and a P/E ratio of 22.27. The company has a debt-to-equity ratio of 4.00, a quick ratio of 3.86 and a current ratio of 5.21.

In other Hilton Grand Vacations news, Director David William Johnson acquired 28,000 shares of the business’s stock in a transaction on Thursday, August 17th. The stock was purchased at an average price of $35.16 per share, with a total value of $984,480.00. Following the acquisition, the director now directly owns 33,000 shares of the company’s stock, valued at approximately $1,160,280. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.46% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of HGV. Swiss National Bank lifted its holdings in shares of Hilton Grand Vacations by 7.2% during the 3rd quarter. Swiss National Bank now owns 124,060 shares of the company’s stock worth $4,792,000 after acquiring an additional 8,300 shares during the period. Scout Investments Inc. lifted its holdings in shares of Hilton Grand Vacations by 44.8% during the 3rd quarter. Scout Investments Inc. now owns 552,614 shares of the company’s stock worth $21,347,000 after acquiring an additional 170,995 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Hilton Grand Vacations by 19.9% during the 3rd quarter. Principal Financial Group Inc. now owns 1,869,105 shares of the company’s stock worth $72,203,000 after acquiring an additional 309,690 shares during the period. Keybank National Association OH lifted its holdings in shares of Hilton Grand Vacations by 30.1% during the 3rd quarter. Keybank National Association OH now owns 24,528 shares of the company’s stock worth $948,000 after acquiring an additional 5,677 shares during the period. Finally, Prudential Financial Inc. lifted its holdings in shares of Hilton Grand Vacations by 1,440.9% during the 3rd quarter. Prudential Financial Inc. now owns 370,975 shares of the company’s stock worth $14,331,000 after acquiring an additional 346,900 shares during the period. 97.88% of the stock is owned by hedge funds and other institutional investors.

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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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