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.
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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