Hilton Grand Vacations (HGV) to Release Quarterly Earnings on Thursday

Hilton Grand Vacations (NYSE:HGV) is projected to release 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 $1.29 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Hilton Grand Vacations Price Performance

Shares of NYSE:HGV opened at $41.99 on Friday. The company has a 50 day moving average of $40.36 and a 200 day moving average of $39.07. The stock has a market cap of $4.14 billion, a P/E ratio of 47.72, a P/E/G ratio of 2.27 and a beta of 1.85. Hilton Grand Vacations has a 12 month low of $33.21 and a 12 month high of $49.02. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32.

Analysts Set New Price Targets

Several brokerages recently commented on HGV. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Thursday. JMP Securities reduced their price objective on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a research note on Wednesday, December 18th. Morgan Stanley began coverage on shares of Hilton Grand Vacations in a research note on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective for the company. Truist Financial reduced their price objective on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Tuesday, November 26th. Finally, Barclays reiterated an “equal weight” rating and set a $41.00 target price (down from $44.00) on shares of Hilton Grand Vacations in a research report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Hilton Grand Vacations currently has a consensus rating of “Hold” and a consensus target price of $44.00.

Insider Transactions at Hilton Grand Vacations

In other news, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $42.10, for a total value of $168,400,000.00. Following the completion of the sale, the insider now directly owns 26,295,825 shares in the company, valued at approximately $1,107,054,232.50. The trade was a 13.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.30% of the company’s stock.

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.