Hilton Grand Vacations Inc (HGV) Expected to Post Earnings of $1.20 Per Share

Wall Street analysts expect Hilton Grand Vacations Inc (NYSE:HGV) to post earnings per share of $1.20 for the current quarter, according to Zacks. Four analysts have issued estimates for Hilton Grand Vacations’ earnings, with the highest EPS estimate coming in at $1.21 and the lowest estimate coming in at $1.19. Hilton Grand Vacations posted earnings of $0.52 per share in the same quarter last year, which suggests a positive year over year growth rate of 130.8%. The firm is expected to announce its next earnings report on Wednesday, February 27th.

According to Zacks, analysts expect that Hilton Grand Vacations will report full-year earnings of $3.02 per share for the current financial year, with EPS estimates ranging from $3.01 to $3.03. For the next financial year, analysts expect that the company will post earnings of $2.77 per share, with EPS estimates ranging from $2.76 to $2.77. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Hilton Grand Vacations.

HGV has been the topic of several research analyst reports. ValuEngine upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Tuesday, November 27th. Zacks Investment Research lowered shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Wednesday, February 6th. JPMorgan Chase & Co. cut their price target on shares of Hilton Grand Vacations from $47.00 to $39.00 and set a “buy” rating on the stock in a research note on Friday, November 2nd. Goldman Sachs Group cut their price target on shares of Hilton Grand Vacations to $39.00 and set a “buy” rating on the stock in a research note on Tuesday, November 27th. Finally, Macquarie upgraded shares of Hilton Grand Vacations from a “neutral” rating to an “outperform” rating in a research note on Thursday, November 15th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. Hilton Grand Vacations presently has a consensus rating of “Hold” and a consensus price target of $40.50.

In other Hilton Grand Vacations news, Director David William Johnson acquired 7,000 shares of the company’s stock in a transaction on Monday, December 10th. The shares were bought at an average cost of $28.54 per share, for a total transaction of $199,780.00. Following the completion of the purchase, the director now owns 43,135 shares in the company, valued at approximately $1,231,072.90. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.72% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Hilton Grand Vacations by 10.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,552 shares of the company’s stock valued at $173,000 after purchasing an additional 639 shares during the period. Poehling Capital Management LLC increased its stake in shares of Hilton Grand Vacations by 69.8% during the third quarter. Poehling Capital Management LLC now owns 6,894 shares of the company’s stock worth $228,000 after acquiring an additional 2,833 shares during the period. Piedmont Investment Advisors Inc. acquired a new position in shares of Hilton Grand Vacations during the third quarter worth about $232,000. First Hawaiian Bank acquired a new position in shares of Hilton Grand Vacations during the third quarter worth about $247,000. Finally, Rehmann Capital Advisory Group increased its stake in shares of Hilton Grand Vacations by 3,047.0% during the third quarter. Rehmann Capital Advisory Group now owns 8,308 shares of the company’s stock worth $251,000 after acquiring an additional 8,044 shares during the period. Institutional investors own 94.42% of the company’s stock.

Shares of NYSE:HGV opened at $29.47 on Friday. Hilton Grand Vacations has a 12 month low of $24.17 and a 12 month high of $47.75. The company has a current ratio of 4.69, a quick ratio of 3.35 and a debt-to-equity ratio of 2.38. The firm has a market cap of $2.86 billion, a P/E ratio of 14.96, a P/E/G ratio of 2.13 and a beta of 1.69.

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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Earnings History and Estimates for Hilton Grand Vacations (NYSE:HGV)

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