Interval Leisure Group (NASDAQ:ILG) has been given an average rating of “Buy” by the ten research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $32.83.
ILG has been the topic of a number of recent research reports. ValuEngine upgraded Interval Leisure Group from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded Interval Leisure Group from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Wednesday, January 3rd. Macquarie initiated coverage on Interval Leisure Group in a research report on Friday, January 5th. They set a “neutral” rating on the stock. Finally, BidaskClub upgraded Interval Leisure Group from a “hold” rating to a “buy” rating in a research report on Friday, January 5th.
Several hedge funds and other institutional investors have recently modified their holdings of ILG. York Capital Management Global Advisors LLC purchased a new stake in shares of Interval Leisure Group in the fourth quarter worth approximately $29,616,000. Carillon Tower Advisers Inc. purchased a new stake in shares of Interval Leisure Group in the fourth quarter worth approximately $27,234,000. Alyeska Investment Group L.P. raised its holdings in shares of Interval Leisure Group by 58.8% in the third quarter. Alyeska Investment Group L.P. now owns 1,602,542 shares of the business services provider’s stock worth $42,836,000 after buying an additional 593,564 shares during the period. Hudson Bay Capital Management LP purchased a new stake in shares of Interval Leisure Group in the fourth quarter worth approximately $12,104,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Interval Leisure Group in the fourth quarter worth approximately $10,870,000. Hedge funds and other institutional investors own 84.08% of the company’s stock.
Shares of Interval Leisure Group (NASDAQ:ILG) traded up $0.08 during mid-day trading on Friday, reaching $33.12. The company’s stock had a trading volume of 92,233 shares, compared to its average volume of 1,471,152. Interval Leisure Group has a fifty-two week low of $18.96 and a fifty-two week high of $34.92. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.86. The stock has a market capitalization of $4,173.22, a P/E ratio of 30.27 and a beta of 1.52.
Interval Leisure Group (NASDAQ:ILG) last issued its quarterly earnings data on Wednesday, February 28th. The business services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). Interval Leisure Group had a net margin of 9.35% and a return on equity of 8.41%. The company had revenue of $438.00 million for the quarter, compared to analysts’ expectations of $419.43 million. During the same quarter last year, the company earned $0.48 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. equities research analysts expect that Interval Leisure Group will post 1.31 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be issued a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 2.11%. This is an increase from Interval Leisure Group’s previous quarterly dividend of $0.15. The ex-dividend date is Thursday, March 15th. Interval Leisure Group’s dividend payout ratio is presently 52.24%.
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About Interval Leisure Group
ILG, Inc, together with its subsidiaries, provides professional vacation services in the United States and internationally. The company operates in two segments, Vacation Ownership (VO), and Exchange and Rental. The VO segment engages in the sale, marketing, financing, and development of vacation ownership interests; and management of vacation ownership resorts, as well as in the provision of related services to owners and homeowners' associations (HOAs).
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