ILG (ILG) Upgraded to Buy at BidaskClub

ILG (NASDAQ:ILG) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Friday.

Several other analysts also recently commented on the company. SunTrust Banks reaffirmed a “buy” rating and set a $30.00 price objective on shares of ILG in a research note on Friday, November 10th. Zacks Investment Research downgraded ILG from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Nomura increased their target price on ILG from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Instinet initiated coverage on ILG in a research note on Friday, October 6th. They set a “buy” rating and a $35.00 target price for the company. Finally, Oppenheimer increased their target price on ILG from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. ILG presently has a consensus rating of “Buy” and an average target price of $30.88.

ILG (ILG) opened at $28.69 on Friday. ILG has a 1 year low of $17.56 and a 1 year high of $30.70. The company has a current ratio of 1.75, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $3,620.96, a PE ratio of 28.13 and a beta of 1.49.

ILG (NASDAQ:ILG) last posted its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.01). The company had revenue of $446.00 million for the quarter, compared to analysts’ expectations of $429.56 million. ILG had a net margin of 7.04% and a return on equity of 10.46%. The firm’s revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.39 earnings per share. equities research analysts predict that ILG will post 1.13 earnings per share for the current year.

Large investors have recently made changes to their positions in the business. Huntington National Bank purchased a new position in shares of ILG during the 3rd quarter worth $128,000. Advisor Group Inc. lifted its stake in shares of ILG by 28.0% during the 2nd quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock worth $137,000 after purchasing an additional 1,119 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of ILG by 11.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock worth $147,000 after purchasing an additional 550 shares during the period. Crossmark Global Holdings Inc. purchased a new position in shares of ILG during the 3rd quarter worth $215,000. Finally, LS Investment Advisors LLC lifted its stake in shares of ILG by 118.4% during the 3rd quarter. LS Investment Advisors LLC now owns 8,433 shares of the business services provider’s stock worth $225,000 after purchasing an additional 4,572 shares during the period. Hedge funds and other institutional investors own 80.27% of the company’s stock.

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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.

Analyst Recommendations for ILG (NASDAQ:ILG)

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