Hilton Grand Vacations Inc. (HGV) closed at $34.89, just pennies above its 52‑week low of $34.95, marking a 1‑year decline of about 18 % and a year‑to‑date loss of 20.5 %. The company said it had repurchased more than $300 million of its stock, exceeding 10 % of the float at the start of the year.
In the second quarter, Hilton Grand Vacations posted earnings per share of $0.89, missing the consensus estimate of $1.09, and revenue of $1.36 billion, shy of the projected $1.38 billion. Adjusted EBITDA rose 5 % to $293 million, pushing margins to 23 %. Contract sales fell 3 % to $810 million and volume per guest dropped 9 %. The firm attributed the shortfall to execution issues at several Bluegreen locations rather than weaker demand.
Despite the miss, Hilton Grand Vacations reaffirmed its full‑year adjusted EBITDA guidance range of $1.225 billion to $1.265 billion. Citizens maintained a Market Outperform rating with a $55 price target and adjusted its quarterly forecasts to reflect management’s expectation of a stronger fourth quarter. InvestingPro data flagged the stock as oversold according to RSI indicators and noted it appeared undervalued based on Fair Value analysis.
