Anzeige
Mehr »
Login
Freitag, 29.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
ACCESSWIRE
97 Leser
Artikel bewerten:
(0)

Active-Investors: Free Research Report as Hilton Grand Vacations' Quarterly Revenues Gained 8%

Stock Monitor: Nevada Gold & Casinos Post Earnings Reporting

LONDON, UK / ACCESSWIRE / April 13, 2018 / Active-Investors.com has just released a free earnings report on Hilton Grand Vacations Inc. (NYSE: HGV) ("HGV"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=HGV. The Company reported its fourth quarter fiscal 2017 and full fiscal year 2017 operating and financial results on February 28, 2018. The Company, which markets and sells vacation ownership intervals, beat earnings and revenue expectations, and also provided guidance for FY18. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Nevada Gold & Casinos, Inc. (NYSE AMER: UWN), which also belongs to the Services sector as the Company Hilton Grand Vacations. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/'symbol=UWN

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Hilton Grand Vacations most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/'symbol=HGV

Earnings Highlights and Summary

For the three months ended December 31, 2017, HGV recorded revenues of $447 million, up 8% compared to $415 million in Q4 2016. The Company's revenue numbers topped analysts' estimates of $435 million.

For the full year FY17, HGV's revenues totaled $1.71 billion, up 8% compared to $1.58 billion in FY16.

For Q4 2017, HGV reported a net income of $183 million, or $1.83 per diluted share, compared to $38 million, or $0.38 per diluted share, in Q4 2016. The Company's earnings were ahead of Wall Street's estimates of $1.83 per diluted share.

For FY17, HGV posted a net income of $327 million, or $3.28 per diluted share, compared to $1.68 million, or $1.70 per diluted share, in FY16.

HGV's Q4 2017 and FY17 earnings included a deferred tax benefit of approximately $132 million, primarily attributable to a re-measurement of net deferred taxes related to installment sales, using the new 21% federal tax rate provided by the Tax Cuts and Jobs Act 2017 (TCJA) that was enacted in December 2017.

Segment Performance

During Q4 2017, HGV's Real Estate Sales and Financing segment's revenues were $323 million, reflecting an increase of 7.7% on a y-o-y basis. The segment's adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) were $96 million in the reported quarter compared to $86 million in the prior year's corresponding period. The segment's adjusted EBITDA margin as a percentage of segment revenues was 29.7% in Q4 2017 compared to 28.7% in Q4 2016.

For Q4 2017, the segment's contract sales were $339 million, reflecting an increase of 8.3% on a y-o-y basis. The segment's fee-for-service contract sales represented 54.9% of total contract sales in the reported quarter versus 46.3% in the prior year's comparable quarter. The segment's VPG was $3,854 in Q4 2017, down 0.5% on a y-o-y basis. The segment's financing revenues were $38 million in Q4 2017, up 11.8% on a y-o-y basis.

During Q4 2017, HGV's Resort Operations and Club Management segment's revenues advanced 10.2% to $97 million on a y-o-y basis. The segment's adjusted EBITDA were $51 million in the reported quarter versus $50 million in the prior year's comparable quarter. The segment's adjusted EBITDA margin as a percentage of segment revenues was 52.6% in Q4 2017 compared to 56.8% in Q4 2016.

Inventory

As of December 31, 2017, the estimated contract sales value of HGV's pipeline of available inventory was approximately $6.2 billion at current pricing, or approximately 4.7 years of sales at the current trailing 12-month sales pace.

As of December 31, 2017, the estimated contract sales value of HGV's pipeline of available owned inventory was approximately $3.5 billion, or approximately 2.7 years of sales. As of December 31, 2017, the estimated contract sales value of HGV's pipeline of available fee-for-service inventory was approximately $2.7 billion, or approximately 2.0 years of sales.

Balance Sheet and Liquidity

At December 31, 2017, HGV had $482 million of corporate debt outstanding with a weighted average interest rate of 5.2%; and $583 million of non-recourse debt outstanding with a weighted average interest rate of 2.5%. The Company's total cash was $297 million as of December 31, 2017, including $51 million of restricted cash.

For FY17, HGV's free cash flow was $309 million compared to $156 million in FY16.

Outlook

For the full year FY18, HGV is forecasting net income to be in the range of $290 million and $306 million, and earnings per share (EPS) to be between $2.90 and $3.06. The Company's contract sales are expected to increase between 6% and 8%, while its fee-for-service contract sales are expected to be between 50% and 55% of full-year contract sales for FY18.

HGV is projecting free cash flow to be between negative $235 million and negative $275 million. The Company's inventory spending is projected to be between $510 million and $530 million.

Stock Performance Snapshot

April 12, 2018 - At Thursday's closing bell, Hilton Grand Vacations' stock rose 1.14%, ending the trading session at $43.38.

Volume traded for the day: 1.15 million shares.

Stock performance in the last three-month - up 4.56%; previous six-month period - up 10.21%; past twelve-month period - up 39.08%; and year-to-date - up 3.41%

After yesterday's close, Hilton Grand Vacations' market cap was at $4.38 billion.

Price to Earnings (P/E) ratio was at 22.21.

The stock is part of the Services sector, categorized under the Resorts & Casinos industry. This sector was up 0.6% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2018 ACCESSWIRE
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.