Equities research analysts expect that ILG Inc. (NASDAQ:ILG) will announce sales of $452.25 million for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for ILG’s earnings, with estimates ranging from $446.00 million to $462.00 million. ILG reported sales of $418.00 million during the same quarter last year, which indicates a positive year-over-year growth rate of 8.2%. The firm is expected to issue its next quarterly earnings results on Tuesday, November 14th.

On average, analysts expect that ILG will report full year sales of $452.25 million for the current fiscal year, with estimates ranging from $1.79 billion to $1.82 billion. For the next fiscal year, analysts expect that the business will post sales of $1.90 billion per share, with estimates ranging from $1.84 billion to $1.95 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for ILG.

ILG (NASDAQ:ILG) last issued its earnings results on Thursday, August 3rd. The business services provider reported $0.26 EPS 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 analyst estimates of $432.86 million. ILG had a net margin of 7.32% and a return on equity of 11.41%. ILG’s revenue for the quarter was up 51.5% on a year-over-year basis.

ILG has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of ILG from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a report on Wednesday, July 5th. Imperial Capital upped their price objective on shares of ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, May 30th. Seven research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of $26.67.

ILG (NASDAQ:ILG) opened at 25.26 on Friday. The stock’s 50 day moving average is $26.25 and its 200-day moving average is $24.45. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 24.31 and a beta of 1.48. ILG has a 12 month low of $15.94 and a 12 month high of $28.99.

The company 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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Thursday, August 31st. ILG’s dividend payout ratio is presently 57.69%.

Large investors have recently made changes to their positions in the business. Advisor Group Inc. increased its position in shares of ILG by 28.0% in the 2nd quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,119 shares during the last quarter. Creative Planning increased its position in shares of ILG by 6.3% in the 2nd quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock valued at $146,000 after purchasing an additional 316 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of ILG by 11.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock valued at $147,000 after purchasing an additional 550 shares during the last quarter. Strs Ohio increased its position in shares of ILG by 63.6% in the 1st quarter. Strs Ohio now owns 5,401 shares of the business services provider’s stock valued at $113,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of ILG by 33.2% in the 1st quarter. Sei Investments Co. now owns 6,822 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 1,701 shares during the last quarter. 80.64% of the stock is currently owned by institutional investors.

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About ILG

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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