Hilton Grand Vacations Inc. (NYSE:HGV) Receives $50.43 Average PT from Analysts

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $50.43.

HGV has been the topic of a number of recent analyst reports. Mizuho cut their price target on shares of Hilton Grand Vacations from $63.00 to $57.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Barclays cut their target price on Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating on the stock in a research report on Friday, August 9th. StockNews.com cut Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Monday, August 12th. Truist Financial increased their price objective on Hilton Grand Vacations from $70.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Finally, JPMorgan Chase & Co. downgraded Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $55.00 to $36.00 in a report on Friday, August 9th.

Institutional Trading of Hilton Grand Vacations

Hedge funds have recently modified their holdings of the stock. nVerses Capital LLC purchased a new stake in Hilton Grand Vacations in the 2nd quarter worth approximately $32,000. YHB Investment Advisors Inc. acquired a new position in shares of Hilton Grand Vacations in the 1st quarter valued at $47,000. Canada Pension Plan Investment Board purchased a new stake in Hilton Grand Vacations during the second quarter worth $93,000. Ashton Thomas Private Wealth LLC purchased a new stake in Hilton Grand Vacations during the second quarter worth $120,000. Finally, Quest Partners LLC purchased a new stake in Hilton Grand Vacations during the fourth quarter worth $142,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Stock Down 0.8 %

Shares of Hilton Grand Vacations stock opened at $37.58 on Monday. The company has a quick ratio of 2.97, a current ratio of 4.36 and a debt-to-equity ratio of 3.18. The company has a market cap of $3.90 billion, a P/E ratio of 17.73, a PEG ratio of 1.94 and a beta of 1.83. The firm’s 50 day moving average price is $39.50 and its 200-day moving average price is $42.16. Hilton Grand Vacations has a 52-week low of $33.13 and a 52-week high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last posted 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 return on equity of 18.06% and a net margin of 3.57%. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the business earned $0.85 EPS. The firm’s revenue for the quarter was up 22.6% compared to the same quarter last year. On average, sell-side analysts predict that Hilton Grand Vacations will post 3.37 EPS for the current fiscal year.

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.