Hilton Grand Vacations Inc. (NYSE:HGV) saw an upside of 0.74% to close Friday at $43.36 after adding $0.32 on the day. The 5-day average trading volume is 642,740 shares of the company’s common stock. It has gained $45.47 in the past week and touched a new high 1 time within the past 5 days. An average of 784,955 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 721,022.
HGV’s 1-month performance is -8.14% or -$4.26 on its low of $41.42 reached on 08/03/23. The company’s shares have touched a 52-week low of $32.12 and high of $51.81, with the stock’s rally to the 52-week high happening on 03/06/23. YTD, HGV has achieved 12.51% or $4.82 and has reached a new high 17 times. However, the current price is down -16.31% from the 52-week high price.
Insider Transactions
HGV stock investors last saw insider trading activity on Jul 12.Hernandez Carlos () most recently sold 5,915 shares at $48.00 per share on Jul 12. This transaction cost the insider $283,920., Wang Mark D, sold 49,850 shares at a price of $47.69 on Mar 03. Then, on Mar 03, Brizi Jorge Pablo sold 20,000 shares at a price of $47.74 per share. This transaction amounted to $954,800.
Valuation Metrics
HGV stock has a beta of 2.03. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.17 while the price-to-book (PB) in the most recent quarter is 2.29, with the price to cash flow ratio at 13.53.
As well, the company’s long term debt to equity for the quarter ending June 29 was 1.82, while the total debt to equity was 1.82. In terms of profitability, the gross margin trailing 12 months is 28.50%. The trailing 12-month EBITDA margin is 24.88% while for the period ending June 29, Hilton Grand Vacations Inc.’s operating margin was 16.00%. The firm’s gross profit as reported stood at $1.27 billion against revenue of $3.83 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 8.75% to $80.0 million, while revenue of $73.0 million was 8.75% off the previous quarter. Analysts expected HGV to announce $0.79 per share in earnings in its latest quarter, but it posted $0.71, representing a -10.10% surprise. EBITDA for the quarter stood at more than $213.0 million. HGV stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.05 billion, with total debt at $3.91 billion. Shareholders hold equity totaling $110.05 million.
Let’s look briefly at Hilton Grand Vacations Inc. (HGV) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 33.03% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.08%.
The stock’s 5-day moving average is $43.98, reflecting a -5.10% or -$2.33 change from its current price. HGV is currently trading -8.06% above its 20-day SMA, +2.87% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -7.57% and SMA200 by+10.50%.
Stochastic %K and %D was 30.79% and 38.98% and the average true range (ATR) pointed at 1.20. The RSI (14) points at 37.78%, while the 14-day stochastic is at 30.89% with the period’s ATR at 1.22. The stock’s 9-day MACD Oscillator is pointing at -1.69 and -1.78 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Hilton Grand Vacations Inc. (NYSE: HGV), BofA Securities launched coverage with a Neutral rating. Analysts offering their rating for HGV stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate HGV as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 1 have offered a “buy” rating.
What is HGV’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $49.00 and a high of $75.00, with their median price target at $52.50. Looking at these predictions, the average price target given by analysts is for Hilton Grand Vacations Inc. (HGV) stock is $57.25.
