Hilton Grand Vacations (HGV) Receiving Somewhat Favorable Press Coverage, Analysis Shows

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News stories about Hilton Grand Vacations (NYSE:HGV) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hilton Grand Vacations earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6289957232257 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

HGV has been the topic of several recent analyst reports. JPMorgan Chase & Co. set a $49.00 price objective on shares of Hilton Grand Vacations and gave the stock a “buy” rating in a report on Friday, May 11th. Zacks Investment Research lowered shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating in a report on Wednesday, May 9th. Jefferies Financial Group initiated coverage on shares of Hilton Grand Vacations in a report on Monday, July 16th. They set a “hold” rating and a $38.00 price objective on the stock. Credit Suisse Group initiated coverage on shares of Hilton Grand Vacations in a report on Friday, May 18th. They set an “outperform” rating and a $48.00 price objective on the stock. Finally, Wolfe Research initiated coverage on shares of Hilton Grand Vacations in a report on Friday, June 8th. They set an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $44.60.

HGV opened at $32.67 on Thursday. The company has a market cap of $3.16 billion, a P/E ratio of 16.58, a price-to-earnings-growth ratio of 1.82 and a beta of 0.63. Hilton Grand Vacations has a 1 year low of $30.94 and a 1 year high of $47.75. The company has a debt-to-equity ratio of 2.40, a current ratio of 5.01 and a quick ratio of 3.63.

Hilton Grand Vacations (NYSE:HGV) last posted its earnings results on Thursday, August 2nd. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.01). The business had revenue of $563.00 million for the quarter, compared to analyst estimates of $582.86 million. Hilton Grand Vacations had a return on equity of 52.26% and a net margin of 20.13%. The firm’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period last year, the company posted $0.51 EPS. analysts expect that Hilton Grand Vacations will post 3 earnings per share for the current year.

In other Hilton Grand Vacations news, insider Mark D. Wang bought 16,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The stock was purchased at an average price of $31.91 per share, with a total value of $510,560.00. Following the transaction, the insider now owns 328,481 shares in the company, valued at $10,481,828.71. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Leonard Potter bought 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The shares were acquired at an average cost of $31.98 per share, with a total value of $799,500.00. Following the transaction, the director now owns 58,135 shares in the company, valued at approximately $1,859,157.30. The disclosure for this purchase can be found here. 0.72% of the stock is currently owned by corporate insiders.

About Hilton Grand Vacations

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare 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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