Hilton Grand Vacations - HGV Stock Forecast, Price & News

Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing, and Resort Operations and Club Management. It sells vacation ownership intervals and vacation ownership interests; manages resorts and clubs; operates points-based vacation clubs and resort amenities; and finances and services loans provided to consumers for their timeshare purchases. The company also manages and operates the points-based Hilton Grand Vacations Club and Hilton Club exchange programs, and Diamond Clubs, which provide exchange, leisure travel, and reservation services to approximately 333,000 members, as well as engages in the rental of inventory made available due to ownership exchanges through its club programs. As of December 31, 2021, it had 154 properties located in the United States. The company was founded in 1992 and is headquartered in Orlando, Florida.

Analyst Ratings Changes

Several research firms have recently weighed in on HGV. TheStreet downgraded Hilton Grand Vacations from a "b" rating to a "c+" rating in a report on Tuesday, June 21st. Truist Financial decreased their price objective on Hilton Grand Vacations from $64.00 to $63.00 and set a "buy" rating for the company in a report on Friday, August 12th. Finally, Barclays began coverage on Hilton Grand Vacations in a report on Tuesday, June 28th. They issued an "overweight" rating and a $50.00 price objective for the company. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $64.25.

Hilton Grand Vacations Stock Performance

Shares of NYSE:HGV traded up $0.17 during mid-day trading on Thursday, hitting $44.53. 378,001 shares of the company were exchanged, compared to its average volume of 672,716. The company has a quick ratio of 2.50, a current ratio of 3.62 and a debt-to-equity ratio of 1.83. The stock has a 50 day simple moving average of $39.68 and a 200-day simple moving average of $45.37. Hilton Grand Vacations has a 1-year low of $34.31 and a 1-year high of $56.33. The firm has a market cap of $5.24 billion, a price-to-earnings ratio of 17.54 and a beta of 2.00.

Hilton Grand Vacations (NYSE:HGV - Get Rating) last released its earnings results on Tuesday, August 9th. The company reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.81 by ($0.21). Hilton Grand Vacations had a net margin of 8.53% and a return on equity of 15.70%. The business had revenue of $948.00 million during the quarter, compared to analyst estimates of $951.37 million. During the same period last year, the business posted $0.10 EPS. Hilton Grand Vacations's revenue was up 183.8% compared to the same quarter last year. On average, sell-side analysts forecast that Hilton Grand Vacations will post 2.59 EPS for the current fiscal year.