Hilton Grand Vacations (HGV) Expected to Announce Quarterly Earnings on Thursday

Hilton Grand Vacations (NYSE:HGV) will likely be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect Hilton Grand Vacations to post earnings of $0.89 per share and revenue of $1.28 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Hilton Grand Vacations Stock Down 1.7 %

NYSE:HGV opened at $40.46 on Wednesday. Hilton Grand Vacations has a 12-month low of $33.21 and a 12-month high of $49.02. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The firm has a market capitalization of $3.98 billion, a P/E ratio of 45.97, a P/E/G ratio of 2.20 and a beta of 1.85. The stock’s fifty day simple moving average is $40.39 and its 200-day simple moving average is $39.13.

Analyst Ratings Changes

Several research firms have weighed in on HGV. Morgan Stanley began coverage on Hilton Grand Vacations in a report on Monday, January 6th. They set an “overweight” rating and a $47.00 target price on the stock. The Goldman Sachs Group upped their price objective on Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. JMP Securities reduced their price objective on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a research report on Wednesday, December 18th. Mizuho reduced their price objective on Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating for the company in a research report on Tuesday, November 12th. Finally, Barclays reiterated an “equal weight” rating and set a $41.00 target price (down previously from $44.00) on shares of Hilton Grand Vacations in a report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $44.00.

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.