ILG (NASDAQ:ILG) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Saturday.
Several other brokerages have also issued reports on ILG. Instinet started coverage on ILG in a research report on Friday, October 6th. They set a “buy” rating and a $35.00 target price for the company. Oppenheimer raised their target price on ILG from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 8th. Macquarie started coverage on ILG in a research report on Friday, January 5th. They set a “neutral” rating for the company. SunTrust Banks reaffirmed a “buy” rating and set a $30.00 target price on shares of ILG in a research report on Friday, November 10th. Finally, Nomura raised their target price on ILG from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. ILG has a consensus rating of “Buy” and a consensus price target of $31.00.
ILG (ILG) opened at $29.09 on Friday. ILG has a 12 month low of $17.70 and a 12 month high of $30.70. The company has a market capitalization of $3,590.00, a price-to-earnings ratio of 28.80 and a beta of 1.49. The company has a quick ratio of 1.07, a current ratio of 1.75 and a debt-to-equity ratio of 0.61.
ILG (NASDAQ:ILG) last announced its quarterly earnings results on Tuesday, November 7th. The business services provider reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.01). The firm had revenue of $446.00 million during the quarter, compared to the consensus estimate of $429.56 million. ILG had a net margin of 7.04% and a return on equity of 10.46%. The firm’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.39 earnings per share. sell-side analysts predict that ILG will post 1.13 earnings per share for the current fiscal year.
A number of large investors have recently made changes to their positions in ILG. Eaton Vance Management grew its holdings in ILG by 0.7% during the 2nd quarter. Eaton Vance Management now owns 10,172 shares of the business services provider’s stock worth $280,000 after acquiring an additional 67 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in ILG by 11.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock worth $147,000 after acquiring an additional 550 shares during the period. Advisor Group Inc. grew its holdings in ILG by 28.0% during the 2nd quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock worth $137,000 after acquiring an additional 1,119 shares during the period. YHB Investment Advisors Inc. grew its holdings in ILG by 20.9% during the 3rd quarter. YHB Investment Advisors Inc. now owns 12,285 shares of the business services provider’s stock worth $328,000 after acquiring an additional 2,121 shares during the period. Finally, Aperio Group LLC grew its holdings in ILG by 4.2% during the 3rd quarter. Aperio Group LLC now owns 57,624 shares of the business services provider’s stock worth $1,540,000 after acquiring an additional 2,317 shares during the period. 80.27% of the stock is owned by institutional investors and hedge funds.
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ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties.
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