Hilton Grand Vacations (NYSE:HGV - Get Free Report) posted its earnings results on Thursday, May 1st. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.40), Zacks reports. The business had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.25 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. Hilton Grand Vacations's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.95 EPS.
Hilton Grand Vacations Stock Up 2.9 %
Shares of NYSE:HGV traded up $1.09 during trading hours on Thursday, reaching $39.14. The stock had a trading volume of 736,091 shares, compared to its average volume of 903,916. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 44.48, a P/E/G ratio of 2.20 and a beta of 1.60. The firm's 50 day moving average is $36.12 and its 200-day moving average is $38.98. Hilton Grand Vacations has a 1 year low of $30.59 and a 1 year high of $45.00. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on HGV shares. Mizuho lifted their price objective on Hilton Grand Vacations from $60.00 to $70.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. StockNews.com raised shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. The Goldman Sachs Group lifted their price objective on shares of Hilton Grand Vacations from $30.00 to $34.00 and gave the company a "sell" rating in a report on Friday, May 2nd. Truist Financial upped their target price on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Finally, Morgan Stanley decreased their price target on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $46.00.
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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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