ILG Inc. (ILG) PT Raised to $32.00 at Oppenheimer Holdings, Inc.

ILG Inc. (NASDAQ:ILG) had its price target hoisted by research analysts at Oppenheimer Holdings, Inc. from $29.00 to $32.00 in a report released on Wednesday, November 8th. The firm presently has an “outperform” rating on the business services provider’s stock. Oppenheimer Holdings, Inc.’s price target suggests a potential upside of 12.87% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Nomura raised their price objective on shares of ILG from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. BidaskClub raised shares of ILG from a “hold” rating to a “buy” rating in a research report on Wednesday, October 11th. Zacks Investment Research raised shares of ILG from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Wednesday, August 23rd. Finally, Instinet initiated coverage on shares of ILG in a research report on Friday, October 6th. They set a “buy” rating and a $35.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $30.50.

ILG (ILG) traded up $0.43 during trading hours on Wednesday, reaching $28.35. 1,640,589 shares of the company’s stock were exchanged, compared to its average volume of 1,201,752. The firm has a market cap of $3,510.00, a P/E ratio of 20.68 and a beta of 1.52. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.75 and a quick ratio of 1.07. ILG has a twelve month low of $17.56 and a twelve month high of $30.70.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Eaton Vance Management lifted its stake in ILG by 0.7% during the 2nd quarter. Eaton Vance Management now owns 10,172 shares of the business services provider’s stock valued at $280,000 after acquiring an additional 67 shares in the last quarter. Alps Advisors Inc. lifted its stake in ILG by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 26,025 shares of the business services provider’s stock valued at $715,000 after acquiring an additional 68 shares in the last quarter. Creative Planning lifted its stake in ILG by 6.3% during the 2nd quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock valued at $146,000 after acquiring an additional 316 shares in the last quarter. Advisors Preferred LLC lifted its stake in ILG by 1.8% during the 2nd quarter. Advisors Preferred LLC now owns 17,970 shares of the business services provider’s stock valued at $493,000 after acquiring an additional 317 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its stake in ILG by 0.4% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 100,018 shares of the business services provider’s stock valued at $2,749,000 after acquiring an additional 354 shares in the last quarter. 81.54% of the stock is owned by institutional investors and hedge funds.

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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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