Hilton Grand Vacations Inc (HGV) Stocks Experience Steady decrease to Close at $44.48

Hilton Grand Vacations Inc (NYSE: HGV) closed the day trading at $44.48 down -3.49% from the previous closing price of $46.09. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 725129 shares were traded.

Ratios:

For a better understanding of HGV, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.54. For the most recent quarter (mrq), Quick Ratio is recorded 3.05 and its Current Ratio is at 4.26. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on February 13, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $55.

On January 02, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $39 to $50.

On September 07, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $59.Deutsche Bank initiated its Buy rating on September 07, 2023, with a $59 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when Corbin Charles R. Jr. sold 23,000 shares for $45.49 per share. The transaction valued at 1,046,270 led to the insider holds 140,618 shares of the business.

Wang Mark D sold 46,388 shares of HGV for $2,114,975 on Mar 07 ’24. The insider now owns 729,907 shares after completing the transaction at $45.59 per share. On Mar 06 ’24, another insider, Corbin Charles R. Jr., who serves as the insider of the company, sold 38,557 shares for $46.18 each. As a result, the insider received 1,780,706 and left with 166,997 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HGV now has a Market Capitalization of 4.64B and an Enterprise Value of 8.64B. As of this moment, Hilton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.87, and their Forward P/E ratio for the next fiscal year is 8.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 2.23. Its current Enterprise Value per Revenue stands at 2.17 whereas that against EBITDA is 10.29.

Stock Price History:

Over the past 52 weeks, HGV has reached a high of $49.02, while it has fallen to a 52-week low of $33.13. The 50-Day Moving Average of the stock is 43.30, while the 200-Day Moving Average is calculated to be 41.97.

Shares Statistics:

Over the past 3-months, HGV traded about 810.67K shares per day on average, while over the past 10 days, HGV traded about 771.87k shares per day. A total of 105.96M shares are outstanding, with a floating share count of 72.06M. Insiders hold about 31.03% of the company’s shares, while institutions hold 72.73% stake in the company. Shares short for HGV as of Feb 29, 2024 were 4.69M with a Short Ratio of 5.79, compared to 4.92M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.50% and a Short% of Float of 6.42%.

Earnings Estimates

Current recommendations for the stock of the company come from 5 analysts. On average, analysts expect EPS of $0.7 for the current quarter, with a high estimate of $0.93 and a low estimate of $0.54, while EPS last year was $0.64. The consensus estimate for the next quarter is $0.98, with high estimates of $1.05 and low estimates of $0.86.

Analysts are recommending an EPS of between $4.29 and $3.39 for the fiscal current year, implying an average EPS of $3.97. EPS for the following year is $4.76, with 5 analysts recommending between $5.21 and $4.27.

Revenue Estimates

4 analysts predict $1.09B in revenue for the current quarter. It ranges from a high estimate of $1.19B to a low estimate of $997.9M. As of the current estimate, Hilton Grand Vacations Inc’s year-ago sales were $934M, an estimated increase of 17.20% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $1.25B, an increase of 23.60% over than the figure of $17.20% in the same quarter last year. There is a high estimate of $1.34B for the next quarter, whereas the lowest estimate is $1.18B.

A total of 5 analysts have provided revenue estimates for HGV’s current fiscal year. The highest revenue estimate was $5.24B, while the lowest revenue estimate was $4.07B, resulting in an average revenue estimate of $4.72B. In the same quarter a year ago, actual revenue was $3.98B, up 18.50% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $4.93B in the next fiscal year. The high estimate is $5.52B and the low estimate is $4.22B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.

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