ILG Inc. (NASDAQ:ILG) has received an average rating of “Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a buy rating. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $27.00.
Several brokerages have recently weighed in on ILG. Zacks Investment Research raised ILG from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Wednesday, July 5th. Imperial Capital boosted their price target on ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 30th. CIBC boosted their price target on ILG from $22.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, April 24th. Finally, Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $26.00 price target (up previously from $22.00) on shares of ILG in a research note on Friday, April 21st.
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ILG (ILG) opened at 27.66 on Tuesday. The firm has a 50-day moving average price of $27.02 and a 200 day moving average price of $21.66. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 11.46 and a beta of 1.48. ILG has a 1-year low of $15.94 and a 1-year high of $28.99.
ILG (NASDAQ:ILG) last issued its earnings results on Thursday, May 4th. The business services provider reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.03. ILG had a return on equity of 11.66% and a net margin of 17.63%. The company had revenue of $452 million during the quarter, compared to the consensus estimate of $446.32 million. During the same quarter in the prior year, the business earned $0.41 earnings per share. The company’s revenue was up 143.1% compared to the same quarter last year. On average, equities research analysts anticipate that ILG will post $1.15 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 20th. Stockholders of record on Tuesday, June 6th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, June 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.17%. ILG’s dividend payout ratio (DPR) is presently 22.30%.
Large investors have recently made changes to their positions in the stock. Strs Ohio increased its stake in shares of ILG by 63.6% in the first quarter. Strs Ohio now owns 5,401 shares of the business services provider’s stock worth $113,000 after buying an additional 2,100 shares during the period. Paradigm Asset Management Co. LLC bought a new stake in shares of ILG during the fourth quarter worth approximately $129,000. Sei Investments Co. increased its stake in shares of ILG by 33.2% in the first quarter. Sei Investments Co. now owns 6,822 shares of the business services provider’s stock worth $143,000 after buying an additional 1,701 shares during the period. Creative Planning increased its stake in shares of ILG by 6.3% in the second quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock worth $146,000 after buying an additional 316 shares during the period. Finally, Gideon Capital Advisors Inc. bought a new stake in shares of ILG during the fourth quarter worth approximately $193,000. Institutional investors own 82.69% of the company’s stock.
ILG Company Profile
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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