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

Hilton Grand Vacations (NYSE:HGV - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.72 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.62 earnings per share (EPS) 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 firm had revenue of $1.24 billion during the quarter, compared to analysts' expectations of $1.33 billion. During the same period in the prior year, the firm posted $0.85 earnings per share. Hilton Grand Vacations's revenue for the quarter was up 22.6% compared to the same quarter last year. 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 2.6 %

Shares of HGV traded down $0.97 during midday trading on Thursday, hitting $36.88. 664,172 shares of the company's stock traded hands, compared to its average volume of 768,985. The company has a current ratio of 4.36, a quick ratio of 2.97 and a debt-to-equity ratio of 3.18. The stock has a market capitalization of $3.82 billion, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 1.97 and a beta of 1.83. Hilton Grand Vacations has a 1 year low of $33.13 and a 1 year high of $49.02. The firm's fifty day moving average is $37.09 and its 200-day moving average is $39.64.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HGV shares. Barclays decreased 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. StockNews.com downgraded shares of Hilton Grand Vacations from a "hold" rating to a "sell" rating in a research report on Monday, August 12th. JPMorgan Chase & Co. cut shares of Hilton Grand Vacations from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $55.00 to $36.00 in a report on Friday, August 9th. The Goldman Sachs Group began coverage on shares of Hilton Grand Vacations in a research note on Wednesday, September 18th. They set a "sell" rating and a $31.00 price objective for the company. Finally, Truist Financial cut their target price 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 research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average 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.