ILG (ILG) Earning Somewhat Favorable Press Coverage, Study Shows
Media stories about ILG (NASDAQ:ILG) have been trending somewhat positive on Saturday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ILG earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 47.2340046952418 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities analysts have weighed in on the company. Zacks Investment Research raised ILG from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Wednesday, July 5th. Imperial Capital boosted their price target on ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 30th. Finally, BidaskClub raised ILG from a “sell” rating to a “hold” rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. ILG currently has a consensus rating of “Buy” and a consensus target price of $27.00.
ILG (NASDAQ ILG) opened at 25.35 on Friday. The stock has a 50 day moving average price of $26.10 and a 200 day moving average price of $24.69. The firm has a market cap of $3.17 billion, a P/E ratio of 24.40 and a beta of 1.48. ILG has a 52-week low of $15.94 and a 52-week high of $28.99.
ILG (NASDAQ:ILG) last posted its quarterly earnings results on Thursday, August 3rd. The business services provider reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. The company had revenue of $450.00 million for the quarter, compared to analysts’ expectations of $432.86 million. ILG had a net margin of 7.32% and a return on equity of 11.41%. The company’s revenue for the quarter was up 51.5% compared to the same quarter last year. Equities analysts predict that ILG will post $1.18 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Tuesday, September 5th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.37%. ILG’s dividend payout ratio (DPR) is presently 57.69%.
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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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