Oppenheimer Holdings, Inc. Boosts ILG Inc. (ILG) Price Target to $32.00
ILG Inc. (NASDAQ:ILG) had its price objective boosted by Oppenheimer Holdings, Inc. from $29.00 to $32.00 in a research report report published on Wednesday. They currently have an outperform rating on the business services provider’s stock.
A number of other equities research analysts also recently commented on the stock. Nomura lifted their target price on shares of ILG from $35.00 to $38.00 and gave the stock a buy rating in a research report on Wednesday. BidaskClub raised shares of ILG from a hold rating to a buy rating in a research report on Wednesday, October 11th. Zacks Investment Research downgraded shares of ILG from a hold rating to a sell rating in a research report on Tuesday, October 10th. Finally, Instinet assumed coverage on shares of ILG in a research report on Friday, October 6th. They issued a buy rating and a $35.00 target price for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $30.57.
ILG (NASDAQ ILG) traded up $0.08 during trading hours on Wednesday, reaching $28.43. 764,000 shares of the company’s stock were exchanged, compared to its average volume of 1,213,663. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.00 and a current ratio of 1.75. ILG has a fifty-two week low of $17.32 and a fifty-two week high of $30.70. The company has a market cap of $3,516.76, a P/E ratio of 21.00 and a beta of 1.53.
ILG (NASDAQ:ILG) last posted its earnings results on Tuesday, November 7th. The business services provider reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). ILG had a return on equity of 10.46% and a net margin of 7.04%. The company had revenue of $446.00 million during the quarter, compared to the consensus estimate of $429.56 million. During the same period last year, the firm posted $0.39 EPS. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. equities analysts predict that ILG will post 1.15 earnings per share for the current year.
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The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, December 5th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Monday, December 4th. ILG’s payout ratio is 58.82%.
Several institutional investors and hedge funds have recently added to or reduced their stakes in ILG. Huntington National Bank purchased a new position in shares of ILG during the 3rd quarter valued at $128,000. Advisor Group Inc. lifted its stake in shares of ILG by 28.0% during the 2nd quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock valued at $137,000 after buying an additional 1,119 shares in the last quarter. Creative Planning lifted its stake in shares of ILG by 6.3% during the 2nd quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock valued at $146,000 after buying an additional 316 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of ILG by 11.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock valued at $147,000 after buying an additional 550 shares in the last quarter. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of ILG during the 3rd quarter valued at $215,000. Institutional investors own 81.52% 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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