Brokerages expect Hilton Grand Vacations Inc (NYSE:HGV) to post $0.51 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Hilton Grand Vacations’ earnings, with estimates ranging from $0.45 to $0.63. Hilton Grand Vacations posted earnings per share of $0.42 during the same quarter last year, which indicates a positive year over year growth rate of 21.4%. The company is expected to report its next quarterly earnings results on Wednesday, October 30th.

On average, analysts expect that Hilton Grand Vacations will report full year earnings of $2.21 per share for the current year, with EPS estimates ranging from $2.04 to $2.44. For the next fiscal year, analysts anticipate that the company will report earnings of $2.78 per share, with EPS estimates ranging from $2.64 to $3.05. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Hilton Grand Vacations.

Hilton Grand Vacations (NYSE:HGV) last issued its earnings results on Thursday, August 1st. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $454.00 million during the quarter, compared to analyst estimates of $454.44 million. Hilton Grand Vacations had a return on equity of 46.30% and a net margin of 12.92%. Hilton Grand Vacations’s revenue was down 19.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.10 EPS.

Several research analysts have recently commented on the company. JPMorgan Chase & Co. lowered Hilton Grand Vacations from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $30.00 to $24.00 in a research report on Friday, August 2nd. Zacks Investment Research lowered Hilton Grand Vacations from a “buy” rating to a “sell” rating in a research report on Wednesday, August 7th. Nomura reiterated a “neutral” rating on shares of Hilton Grand Vacations in a research report on Thursday, August 1st. ValuEngine lowered Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Finally, TheStreet lowered Hilton Grand Vacations from a “b-” rating to a “c” rating in a research report on Tuesday, May 7th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. Hilton Grand Vacations currently has a consensus rating of “Hold” and a consensus price target of $36.20.

Shares of HGV traded up $0.08 during mid-day trading on Friday, hitting $25.69. The stock had a trading volume of 85,363 shares, compared to its average volume of 2,175,609. The stock has a market capitalization of $2.27 billion, a P/E ratio of 8.41, a PEG ratio of 1.33 and a beta of 2.04. The company’s fifty day moving average price is $30.58. The company has a debt-to-equity ratio of 3.80, a quick ratio of 3.50 and a current ratio of 4.77. Hilton Grand Vacations has a fifty-two week low of $24.17 and a fifty-two week high of $33.99.

In related news, insider Barbara L. Hollkamp sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $27.76, for a total transaction of $55,520.00. Following the completion of the transaction, the insider now owns 53,547 shares in the company, valued at approximately $1,486,464.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.05% of the company’s stock.

A number of institutional investors have recently made changes to their positions in HGV. Pittenger & Anderson Inc. bought a new stake in shares of Hilton Grand Vacations in the 1st quarter worth $30,000. Quadrant Capital Group LLC grew its holdings in shares of Hilton Grand Vacations by 9,136.8% in the 1st quarter. Quadrant Capital Group LLC now owns 1,755 shares of the company’s stock worth $53,000 after acquiring an additional 1,736 shares during the last quarter. Quantamental Technologies LLC acquired a new position in shares of Hilton Grand Vacations in the 1st quarter worth $59,000. Lorber David A acquired a new position in shares of Hilton Grand Vacations in the 2nd quarter worth $74,000. Finally, Tower Research Capital LLC TRC acquired a new position in shares of Hilton Grand Vacations in the 2nd quarter worth $129,000.

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

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