Equities research analysts expect Hilton Grand Vacations Inc (NYSE:HGV) to post $509.90 million in sales for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Hilton Grand Vacations’ earnings. The highest sales estimate is $531.00 million and the lowest is $493.70 million. Hilton Grand Vacations reported sales of $563.00 million in the same quarter last year, which indicates a negative year over year growth rate of 9.4%. The company is scheduled to announce its next earnings results on Wednesday, August 7th.

According to Zacks, analysts expect that Hilton Grand Vacations will report full year sales of $2.01 billion for the current financial year, with estimates ranging from $1.96 billion to $2.07 billion. For the next fiscal year, analysts expect that the business will report sales of $2.21 billion, with estimates ranging from $2.14 billion to $2.27 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover Hilton Grand Vacations.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings data on Wednesday, May 1st. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.05). Hilton Grand Vacations had a net margin of 15.51% and a return on equity of 56.92%. The company had revenue of $450.00 million for the quarter, compared to analysts’ expectations of $455.20 million. During the same period in the previous year, the firm earned $0.30 earnings per share. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis.

Several research firms have recently weighed in on HGV. TheStreet cut shares of Hilton Grand Vacations from a “b-” rating to a “c” rating in a report on Tuesday, May 7th. Zacks Investment Research cut shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Tuesday, May 7th. JPMorgan Chase & Co. cut shares of Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and set a $30.00 target price for the company. in a report on Friday, May 3rd. Credit Suisse Group reaffirmed an “outperform” rating and set a $37.00 target price on shares of Hilton Grand Vacations in a report on Wednesday, March 20th. Finally, SunTrust Banks upped their target price on shares of Hilton Grand Vacations to $51.00 and gave the company a “buy” rating in a report on Friday, March 1st. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $37.33.

In other Hilton Grand Vacations news, Director Leonard Potter bought 10,000 shares of Hilton Grand Vacations stock in a transaction on Monday, May 13th. The stock was acquired at an average cost of $27.50 per share, with a total value of $275,000.00. Following the completion of the acquisition, the director now owns 72,348 shares in the company, valued at $1,989,570. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.05% of the stock is currently owned by corporate insiders.

Hedge funds have recently made changes to their positions in the business. Pittenger & Anderson Inc. purchased a new stake in Hilton Grand Vacations during the first quarter valued at approximately $30,000. Quadrant Capital Group LLC increased its holdings in Hilton Grand Vacations by 9,136.8% during the first quarter. Quadrant Capital Group LLC now owns 1,755 shares of the company’s stock valued at $53,000 after buying an additional 1,736 shares during the last quarter. Quantamental Technologies LLC purchased a new stake in Hilton Grand Vacations during the first quarter valued at approximately $59,000. US Bancorp DE increased its holdings in Hilton Grand Vacations by 136.0% during the first quarter. US Bancorp DE now owns 3,193 shares of the company’s stock valued at $99,000 after buying an additional 1,840 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Hilton Grand Vacations by 10.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,552 shares of the company’s stock valued at $173,000 after buying an additional 639 shares during the last quarter.

HGV opened at $27.56 on Friday. The company has a debt-to-equity ratio of 2.78, a current ratio of 5.12 and a quick ratio of 3.77. Hilton Grand Vacations has a twelve month low of $24.17 and a twelve month high of $40.65. The company has a market cap of $2.47 billion, a PE ratio of 9.04, a P/E/G ratio of 1.12 and a beta of 1.66.

About Hilton Grand Vacations

Hilton Grand Vacations Inc, a timeshare company, develops, markets, and operates 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; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.

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

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