Hilton Grand Vacations (NYSE:HGV) Announces Earnings Results

Hilton Grand Vacations (NYSE:HGV - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by ($0.40), Zacks reports. The firm had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%.

Hilton Grand Vacations Stock Down 1.0 %

Shares of NYSE HGV traded down $0.45 during midday trading on Monday, reaching $42.45. 1,214,292 shares of the company's stock were exchanged, compared to its average volume of 805,917. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. Hilton Grand Vacations has a 52-week low of $33.21 and a 52-week high of $47.81. The business's fifty day moving average price is $40.59 and its two-hundred day moving average price is $39.32. The stock has a market capitalization of $4.18 billion, a PE ratio of 48.24, a price-to-earnings-growth ratio of 2.20 and a beta of 1.85.

Wall Street Analysts Forecast Growth

HGV has been the subject of a number of research reports. JMP Securities decreased their target price on Hilton Grand Vacations from $55.00 to $50.00 and set a "market outperform" rating for the company in a report on Wednesday, December 18th. Barclays increased their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Friday. Truist Financial reduced their target price on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a "buy" rating on the stock in a report on Tuesday, November 26th. Morgan Stanley started coverage on Hilton Grand Vacations in a report on Monday, January 6th. They issued an "overweight" rating and a $47.00 price target for the company. Finally, StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $45.13.

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.