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

Hilton Grand Vacations (NYSE:HGV) is anticipated to post its quarterly earnings results 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. Parties that wish to register for the company’s conference call can do so using this link.

Hilton Grand Vacations Stock Performance

HGV stock opened at $41.08 on Tuesday. The stock’s 50 day simple moving average is $40.39 and its 200 day simple moving average is $39.13. Hilton Grand Vacations has a 12-month low of $33.21 and a 12-month high of $49.02. The firm has a market cap of $4.05 billion, a P/E ratio of 46.69, a P/E/G ratio of 2.20 and a beta of 1.85. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on HGV shares. The Goldman Sachs Group increased their target price on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a report on Tuesday, December 10th. Truist Financial dropped their price objective on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Tuesday, November 26th. StockNews.com upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. JMP Securities dropped their price target on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research report on Wednesday, December 18th. Finally, Morgan Stanley assumed coverage on Hilton Grand Vacations in a report on Monday, January 6th. They issued an “overweight” rating and a $47.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Hilton Grand Vacations has a consensus rating of “Hold” and an average target price of $44.00.

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.