Wall Street analysts expect that Hilton Grand Vacations Inc (NYSE:HGV) will announce sales of $450.57 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Hilton Grand Vacations’ earnings, with the lowest sales estimate coming in at $443.00 million and the highest estimate coming in at $458.70 million. Hilton Grand Vacations reported sales of $415.00 million in the same quarter last year, which would suggest a positive year over year growth rate of 8.6%. The company is expected to announce its next quarterly earnings results on Wednesday, March 7th.

According to Zacks, analysts expect that Hilton Grand Vacations will report full-year sales of $450.57 million for the current financial year, with estimates ranging from $1.71 billion to $1.72 billion. For the next year, analysts anticipate that the business will report sales of $1.82 billion per share, with estimates ranging from $1.80 billion to $1.85 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover Hilton Grand Vacations.

Hilton Grand Vacations (NYSE:HGV) last announced its earnings results on Wednesday, November 1st. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.01. The company had revenue of $426.00 million during the quarter, compared to analysts’ expectations of $435.83 million. Hilton Grand Vacations had a net margin of 10.84% and a return on equity of 72.15%. Hilton Grand Vacations’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 earnings per share.

Separately, Zacks Investment Research raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $38.78.

A number of institutional investors and hedge funds have recently bought and sold shares of HGV. Alliancebernstein L.P. lifted its position in Hilton Grand Vacations by 7,430.7% during the second quarter. Alliancebernstein L.P. now owns 2,245,594 shares of the company’s stock worth $80,976,000 after purchasing an additional 2,215,775 shares during the period. Wells Fargo & Company MN lifted its position in Hilton Grand Vacations by 1,127.9% during the second quarter. Wells Fargo & Company MN now owns 1,824,671 shares of the company’s stock worth $65,798,000 after purchasing an additional 1,676,070 shares during the period. Principal Financial Group Inc. lifted its position in Hilton Grand Vacations by 138.9% during the second quarter. Principal Financial Group Inc. now owns 1,559,415 shares of the company’s stock worth $56,233,000 after purchasing an additional 906,791 shares during the period. Balyasny Asset Management LLC lifted its position in Hilton Grand Vacations by 184.8% during the second quarter. Balyasny Asset Management LLC now owns 1,248,638 shares of the company’s stock worth $45,026,000 after purchasing an additional 810,222 shares during the period. Finally, Vanguard Group Inc. lifted its position in Hilton Grand Vacations by 17.5% during the second quarter. Vanguard Group Inc. now owns 5,285,950 shares of the company’s stock worth $190,611,000 after purchasing an additional 788,628 shares during the period. 99.35% of the stock is owned by institutional investors and hedge funds.

Shares of Hilton Grand Vacations (NYSE HGV) traded down $0.02 during trading on Tuesday, hitting $42.69. 260,900 shares of the stock were exchanged, compared to its average volume of 700,172. The company has a market capitalization of $4,232.09 and a PE ratio of 23.34. Hilton Grand Vacations has a 52 week low of $24.60 and a 52 week high of $43.19. The company has a debt-to-equity ratio of 3.29, a quick ratio of 3.39 and a current ratio of 4.50.

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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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Earnings History and Estimates for Hilton Grand Vacations (NYSE:HGV)

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