Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Hilton Grand Vacations (HGV) Stock Price
Headlines about Hilton Grand Vacations (NYSE:HGV) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hilton Grand Vacations earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.8774975483192 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Hilton Grand Vacations (NYSE:HGV) opened at 39.32 on Tuesday. The stock’s 50 day moving average price is $37.99 and its 200-day moving average price is $37.99. The stock has a market cap of $3.90 billion and a P/E ratio of 22.38. Hilton Grand Vacations has a one year low of $24.60 and a one year high of $40.11.
Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.06. The business had revenue of $439.00 million for the quarter, compared to analyst estimates of $413.33 million. The firm’s revenue was up 12.3% on a year-over-year basis. On average, analysts predict that Hilton Grand Vacations will post $1.94 earnings per share for the current year.
HGV has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Hilton Grand Vacations from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Buckingham Research initiated coverage on Hilton Grand Vacations in a research report on Monday, June 19th. They set a “buy” rating and a $42.00 target price on the stock. Instinet reaffirmed a “buy” rating and set a $45.00 target price (up from $44.00) on shares of Hilton Grand Vacations in a research report on Thursday, August 3rd. Finally, Nomura boosted their target price on Hilton Grand Vacations from $44.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Nine analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of $38.78.
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In other Hilton Grand Vacations news, Director David William Johnson acquired 28,000 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The shares were acquired at an average price of $35.16 per share, with a total value of $984,480.00. Following the purchase, the director now owns 33,000 shares of the company’s stock, valued at approximately $1,160,280. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.46% of the company’s stock.
Hilton Grand Vacations Company Profile
Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.
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