Zacks: Interval Leisure Group Inc. (NASDAQ:IILG) Given Average Recommendation of “Strong Buy” by Analysts
Shares of Interval Leisure Group Inc. (NASDAQ:IILG) have earned an average broker rating score of 1.00 (Strong Buy) from the four analysts that cover the stock, Zacks Investment Research reports. Four analysts have rated the stock with a strong buy rating. Interval Leisure Group’s rating score has improved by 33.3% in the last three months as a result of various analysts’ ratings changes.
Analysts have set a one year consensus target price of $23.75 for the company and are expecting that the company will post $0.36 EPS for the current quarter, according to Zacks. Zacks has also given Interval Leisure Group an industry rank of 165 out of 265 based on the ratings given to related companies.
Several research analysts have recently issued reports on IILG shares. MKM Partners set a $25.00 price objective on Interval Leisure Group and gave the stock a “buy” rating in a research report on Monday, September 12th. Zacks Investment Research raised Interval Leisure Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 9th. Finally, TheStreet raised Interval Leisure Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 14th.
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A hedge fund recently bought a new stake in Interval Leisure Group stock. Norges Bank bought a new stake in shares of Interval Leisure Group Inc. (NASDAQ:IILG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 632,762 shares of the company’s stock, valued at approximately $9,877,000. Norges Bank owned approximately 1.10% of Interval Leisure Group at the end of the most recent reporting period. Institutional investors own 80.46% of the company’s stock.
Interval Leisure Group (NASDAQ:IILG) traded up 1.57% during mid-day trading on Wednesday, reaching $16.77. The company had a trading volume of 598,945 shares. Interval Leisure Group has a 12 month low of $10.61 and a 12 month high of $21.98. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 4.81 and a beta of 1.11. The firm’s 50 day moving average price is $17.33 and its 200-day moving average price is $15.46.
Interval Leisure Group (NASDAQ:IILG) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.15. The business earned $297 million during the quarter, compared to analysts’ expectations of $345.40 million. Interval Leisure Group had a return on equity of 12.35% and a net margin of 28.78%. The business’s quarterly revenue was up 70.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.29 EPS. Equities research analysts anticipate that Interval Leisure Group will post $1.43 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 21st. Stockholders of record on Wednesday, September 7th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Friday, September 2nd. Interval Leisure Group’s payout ratio is currently 17.20%.
About Interval Leisure Group
Interval Leisure Group, Inc (ILG) is a provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Company operates through two segments. The 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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