Investment analysts at Macquarie began coverage on shares of ILG (NASDAQ:ILG) in a research report issued on Friday. The firm set a “neutral” rating on the business services provider’s stock.
Other research analysts have also issued reports about the company. Nomura lifted their target price on ILG from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. BidaskClub upgraded ILG from a “hold” rating to a “buy” rating in a report on Wednesday, October 11th. SunTrust Banks restated a “buy” rating and issued a $30.00 price target on shares of ILG in a report on Friday, November 10th. Instinet began coverage on ILG in a report on Friday, October 6th. They issued a “buy” rating and a $35.00 price target on the stock. Finally, Zacks Investment Research upgraded ILG from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. ILG presently has a consensus rating of “Buy” and an average target price of $30.88.
Shares of ILG (ILG) opened at $29.19 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.75. ILG has a 52 week low of $17.56 and a 52 week high of $30.70. The company has a market capitalization of $3,633.36, a price-to-earnings ratio of 28.62 and a beta of 1.49.
ILG (NASDAQ:ILG) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $429.56 million. During the same period last year, the firm earned $0.39 earnings per share. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. analysts anticipate that ILG will post 1.13 EPS for the current year.
Several institutional investors have recently modified their holdings of the company. Huntington National Bank bought a new stake in ILG during the third quarter worth about $128,000. Advisor Group Inc. raised its holdings in ILG by 28.0% during the second 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 in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in ILG by 11.4% during the second 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 in the last quarter. Crossmark Global Holdings Inc. bought a new stake in ILG during the third quarter worth about $215,000. Finally, LS Investment Advisors LLC raised its holdings in ILG by 118.4% during the third quarter. LS Investment Advisors LLC now owns 8,433 shares of the business services provider’s stock worth $225,000 after acquiring an additional 4,572 shares in the last quarter. Institutional investors own 80.27% of the company’s stock.
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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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