Hilton Grand Vacations (NYSE:HGV - Get Free Report) posted its earnings results on Thursday. The company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.03), Briefing.com reports. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. Hilton Grand Vacations had a return on equity of 18.06% and a net margin of 3.57%. Hilton Grand Vacations's quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 EPS.
Hilton Grand Vacations Trading Up 2.4 %
Shares of NYSE:HGV traded up $0.98 on Friday, hitting $42.57. The company had a trading volume of 872,905 shares, compared to its average volume of 718,212. The firm's 50-day simple moving average is $37.23 and its two-hundred day simple moving average is $39.42. The firm has a market capitalization of $4.32 billion, a price-to-earnings ratio of 48.38, a P/E/G ratio of 2.14 and a beta of 1.82. The company has a quick ratio of 2.97, a current ratio of 4.36 and a debt-to-equity ratio of 3.18. Hilton Grand Vacations has a 1 year low of $33.16 and a 1 year high of $49.02.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. StockNews.com downgraded Hilton Grand Vacations from a "hold" rating to a "sell" rating in a research note on Monday, August 12th. Jefferies Financial Group cut shares of Hilton Grand Vacations from a "buy" rating to a "hold" rating and dropped their target price for the company from $55.00 to $35.00 in a research note on Friday, August 9th. The Goldman Sachs Group began coverage on Hilton Grand Vacations in a report on Wednesday, September 18th. They set a "sell" rating and a $31.00 price objective for the company. Mizuho lowered their target price on 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. Finally, Truist Financial dropped their price target on Hilton Grand Vacations from $71.00 to $52.00 and set a "buy" rating on the stock in a research 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. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $44.29.
Check Out Our Latest Stock Analysis on HGV
About Hilton Grand Vacations
(
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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.
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