HGV

Hilton Grand Vacations Inc

Consumer, Event Driven/Special Sit


Presented:08/07/2017
Price:$36.23
Cap:$3.61B
Current Price:$36.25
Cap:$3.68B

Presented

Date08/07/2017
Price$36.23
Market Cap$3.61B
Ent Value$4.47B
P/E RatioN/A
Book Value$2.86
Div Yield0%
Shares O/S99.53M
Ave Daily Vol580,479
Short Int2.63%

Current

Price$36.25
Market Cap$3.68B
Hilton Grand Vacations, Inc. is a timeshare company which engages in the marketing and sale of vacation ownership intervals, as well as the management of resorts in urban destinations. It also involved in the operation of a points-based vacation club consisting of a resorts, and condominiums with amenities, and related services such as cruises and guided tours in Hawaiian Islands, New York City, Orlando and Las Vegas. The company operates its business through two segments: Real Estate Sales & Financing; and Resort Operations & Club Management. The Real Estate Sales & Financing segment refers to the sale of vacation ownership intervals on behalf of third-party developers using the Hilton Grand Vacations brand in exchange for sales, marketing and brand fees, and the financing solutions. The Resort Operations & Club Management segment manages the club, receives activation fees, annual dues and transaction fees from member exchanges for other vacation products. Hilton Grand Vacations was founded on May 2, 2016 and is headquartered in Orlando, FL.

Publicly traded companies mentioned herein: Hilton Grand Vacations Inc (HGV)

Highlights

The presenter is long shares of Hilton Grand Vacation (HGV), seeing opportunity for HGV to catch up to industry standards now that it is a standalone company with more options to deploy capital. The presenter models $3.00 in 2018 EPS, implying a share price of $54 on current multiples, equal to 50% upside from current levels.

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Idea Discussion

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