Hilton Grand Vacations (HGV) to Release Earnings on Thursday

Hilton Grand Vacations (NYSE:HGV) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Hilton Grand Vacations to post earnings of $0.72 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.27). Hilton Grand Vacations had a net margin of 3.57% and a return on equity of 18.06%. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the previous year, the business posted $0.85 EPS. The business’s quarterly revenue was up 22.6% on a year-over-year basis. On average, analysts expect Hilton Grand Vacations to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Hilton Grand Vacations Stock Performance

Shares of HGV traded up $0.12 during mid-day trading on Tuesday, reaching $37.65. The company had a trading volume of 31,909 shares, compared to its average volume of 764,200. The stock has a market capitalization of $3.82 billion, a P/E ratio of 26.31, a PEG ratio of 2.00 and a beta of 1.82. Hilton Grand Vacations has a 52-week low of $33.13 and a 52-week high of $49.02. The stock has a 50 day moving average of $37.05 and a two-hundred day moving average of $39.48. The company has a quick ratio of 2.97, a current ratio of 4.36 and a debt-to-equity ratio of 3.18.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. cut shares of Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $55.00 to $36.00 in a research note on Friday, August 9th. Jefferies Financial Group cut shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating and cut their price objective for the company from $55.00 to $35.00 in a report on Friday, August 9th. Barclays lowered their target price on shares of Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating on the stock in a research note on Friday, August 9th. StockNews.com lowered Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Monday, August 12th. Finally, Truist Financial reduced their price target on Hilton Grand Vacations from $71.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, September 5th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $43.71.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, manages, and operates the resorts, plans and ancillary reservation services under the Hilton Grand Vacations brand. It operates through Real Estate Sales and Financing, and Resort Operations and Club Management segments. Real Estate Sales and Financing segment market and sells the VOIs, and source VOIs through fee-for-service agreements with third-party developers; and provides consumer financing and services loans.