Hilton Grand Vacations (HGV) Scheduled to Post Earnings on Thursday

Hilton Grand Vacations (NYSE:HGV) will be releasing its earnings data before the market opens on Thursday, November 7th. Analysts expect Hilton Grand Vacations to post earnings of $0.72 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Hilton Grand Vacations (NYSE:HGV) last released its earnings results on Thursday, August 8th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.27). Hilton Grand Vacations had a return on equity of 18.06% and a net margin of 3.57%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the company earned $0.85 earnings per share. The firm’s revenue for the quarter 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 Down 1.2 %

NYSE HGV opened at $37.81 on Thursday. Hilton Grand Vacations has a fifty-two week low of $33.13 and a fifty-two week high of $49.02. The stock has a market capitalization of $3.92 billion, a PE ratio of 17.83, a PEG ratio of 1.97 and a beta of 1.83. The company has a debt-to-equity ratio of 3.18, a current ratio of 4.36 and a quick ratio of 2.97. The business has a fifty day moving average price of $37.08 and a two-hundred day moving average price of $39.65.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Barclays dropped their price target on Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating for the company in a research note on Friday, August 9th. Jefferies Financial Group cut Hilton Grand Vacations from a “buy” rating to a “hold” rating and dropped their price target for the company from $55.00 to $35.00 in a research note on Friday, August 9th. Mizuho dropped their price target on Hilton Grand Vacations from $63.00 to $57.00 and set an “outperform” rating for the company in a research note on Friday, August 9th. JPMorgan Chase & Co. cut Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $55.00 to $36.00 in a research note on Friday, August 9th. Finally, StockNews.com downgraded Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Monday, August 12th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $43.71.

About Hilton Grand Vacations

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.