Shares of ILG Inc. (NASDAQ:ILG) have received an average recommendation of “Buy” from the seven research firms that are covering the company, MarketBeat.com reports. Seven investment 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 $26.67.
ILG has been the topic of a number of recent analyst reports. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $26.00 target price (up from $22.00) on shares of ILG in a report on Friday, April 21st. CIBC boosted their target price on shares of ILG from $22.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, April 24th. Zacks Investment Research raised shares of ILG from a “sell” rating to a “hold” rating in a research report on Wednesday, May 3rd. Finally, Imperial Capital lifted their price objective on shares of ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 30th.
Shares of ILG (NASDAQ:ILG) opened at 25.89 on Monday. The firm has a 50-day moving average of $27.30 and a 200 day moving average of $23.20. ILG has a 1-year low of $15.94 and a 1-year high of $28.99. The stock has a market capitalization of $3.23 billion, a PE ratio of 10.72 and a beta of 1.47.
ILG (NASDAQ:ILG) last issued its earnings results on Thursday, August 3rd. The business services provider reported $0.26 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.01. The business had revenue of $450 million for the quarter, compared to the consensus estimate of $432.86 million. ILG had a net margin of 7.32% and a return on equity of 11.41%. ILG’s revenue was up 51.5% on a year-over-year basis. On average, equities analysts anticipate that ILG will post $1.19 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Tuesday, September 5th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a $0.60 dividend on an annualized basis and a yield of 2.32%. ILG’s dividend payout ratio (DPR) is 57.69%.
Large investors have recently made changes to their positions in the stock. Creative Planning boosted 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 last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of ILG by 11.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock worth $147,000 after buying an additional 550 shares during the last quarter. Strs Ohio boosted 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 last quarter. Sei Investments Co. boosted 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 last quarter. Finally, CIBC Asset Management Inc acquired a new stake in shares of ILG during the second quarter worth about $239,000. 81.97% of the stock is owned by institutional investors.
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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