Somewhat Negative Media Coverage Somewhat Unlikely to Affect ILG (ILG) Share Price
News stories about ILG (NASDAQ:ILG) have been trending somewhat negative this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ILG earned a news impact score of -0.02 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 46.5513191708857 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Investors Purchase Large Volume of ILG Call Options (ILG) (americanbankingnews.com)
- ILG Inc. (ILG) Coverage Initiated at Nomura (americanbankingnews.com)
- ILG Inc. (ILG) Earns Buy Rating from Analysts at Instinet (americanbankingnews.com)
- Wall Street’s M&A Chatter From October 2: Kroger, ILG, Methode Electronics-Pacific Insight, Ultragenyx-Dimension (benzinga.com)
- ILG Inc. (ILG) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
Several equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of ILG from a “hold” rating to a “sell” rating in a research note on Tuesday. Instinet assumed coverage on shares of ILG in a research note on Friday. They set a “buy” rating and a $35.00 price objective for the company. Nomura assumed coverage on shares of ILG in a research note on Friday. They set a “buy” rating and a $35.00 price objective for the company. Finally, BidaskClub upgraded shares of ILG from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $29.29.
ILG (NASDAQ ILG) opened at 29.22 on Tuesday. ILG has a 52 week low of $15.94 and a 52 week high of $29.85. The stock has a market capitalization of $3.65 billion, a P/E ratio of 28.12 and a beta of 1.48. The stock has a 50 day moving average of $26.56 and a 200 day moving average of $25.76.
ILG (NASDAQ:ILG) last announced its quarterly earnings results on Thursday, August 3rd. The business services provider reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. ILG had a return on equity of 11.41% and a net margin of 7.32%. The company had revenue of $450.00 million for the quarter, compared to the consensus estimate of $432.86 million. The business’s revenue for the quarter was up 51.5% on a year-over-year basis. On average, equities research analysts predict that ILG will post $1.18 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 18th. Shareholders of record on Tuesday, September 5th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, August 31st. This represents a $0.60 annualized dividend and a yield of 2.05%. ILG’s dividend payout ratio (DPR) is presently 57.69%.
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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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