Trucker World Blog

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Stocks: $415.5 Million in Sales Expected for Hilton Grand Vacations Inc (HGV) This Quarter

On average, analysts expect that Hilton Grand Vacations will report full-year sales of $415.5 million for the current financial year, with estimates ranging from $1.65 billion to $1.66 billion. For the next financial year, analysts expect that the business will report sales of $1.75 billion per share, with estimates ranging from $1.75 billion to $1.76 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow Hilton Grand Vacations.

Analysts forecast that Hilton Grand Vacations Inc (NYSE:HGV) will post sales of $415.5 million for the current quarter, according to Zacks. Three analysts have made estimates for Hilton Grand Vacations’ earnings, with the highest sales estimate coming in at $416.9 million and the lowest estimate coming in at $413.6 million. The business is expected to announce its next quarterly earnings report on Wednesday, August 2nd.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Wednesday, March 1st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.02. The business had revenue of $415 million for the quarter, compared to analyst estimates of $397.58 million. The firm’s revenue was up 8.9% on a year-over-year basis. Several research firms have commented on HGV. Zacks Investment Research downgraded shares of Hilton Grand Vacations from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 3rd. Nomura reissued a “buy” rating and issued a $43.00 price target on shares of Hilton Grand Vacations in a report on Friday. Instinet increased their price target on shares of Hilton Grand Vacations from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, March 2nd. Janney Montgomery Scott reissued a “buy” rating and issued a $38.00 price target on shares of Hilton Grand Vacations in a report on Thursday, April 20th. Finally, Goldman Sachs Group Inc raised shares of Hilton Grand Vacations from a “neutral” rating to a “buy” rating and set a $35.00 price target on the stock in a report on Thursday, January 19th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Hilton Grand Vacations presently has an average rating of “Buy” and a consensus target price of $35.88.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Wednesday, March 1st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.02. The business had revenue of $415 million for the quarter, compared to analyst estimates of $397.58 million. The firm’s revenue was up 8.9% on a year-over-year basis. Shares of Hilton Grand Vacations (NYSE:HGV) traded down 1.83% during mid-day trading on Friday, reaching $35.34. 387,241 shares of the company’s stock traded hands. Hilton Grand Vacations has a 12-month low of $24.60 and a 12-month high of $37.21. The company has a market cap of $3.50 billion and a P/E ratio of 20.48. The firm has a 50-day moving average of $31.11 and a 200 day moving average of $29.57.

Hilton Grand Vacations Company Profile Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.

Get a free copy of the Zacks research report on Hilton Grand Vacations (HGV) For more information about research offerings from Zacks Investment Research, visit Zacks.com

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Cyclist dies in south west London after being hit by lorry

Man believed to be in his 50s pronounced dead at the scene

A cyclist has died after being hit by a lorry in south west London on Monday morning.

The Evening Standard[1] reports that emergency services were called to the junction between Fulham Road and Redcliffe Gardens in Chelsea at 10.43am but the cyclist, believed to be in his 50s, was pronounced dead at the scene.

Police are currently investigating the incident, with the driver of the lorry remaining at the scene but not being arrested.

A spokesperson for the Metropolitan Police said: “Police were called at 10:43hrs on Monday, 22 May, to a collision between a lorry and a cyclist in Fulham Road at the junction with Redcliffe Gardens.

“The male cyclist was pronounced dead at the scene. Officers are working to establish the identity of the deceased, who is believed to be aged in his 50s.

“The driver of the lorry stopped at the scene. He has not been arrested.”

The man is the fourth cyclist to die on the capital’s roads since the start of the years after three cyclists died within a week of each other in February.

Anyone with information about the incident is asked to call the Met Police Roads and Transport Policing Command on 020 8543 5157.

References

  1. ^ Evening Standard (www.standard.co.uk)