Added to YB: 2019-11-15
Pitch date: 2019-11-15
HGV [bullish]
Hilton Grand Vacations Inc.
+25.33%
current return
Author Info
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Company Info
Hilton Grand Vacations Inc. develops, markets, sells, manages, and operates the resorts, timeshare plans, and ancillary reservation services under the Hilton Grand Vacations brand in the United States and Europe.
Market Cap
$3.6B
Pitch Price
$35.10
Price Target
40.00 (-9%)
Dividend
N/A
EV/EBITDA
11.99
P/E
74.54
EV/Sales
2.41
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Hilton Grand Vacations: In Play, Speculating on a Deal
HGV: Hilton Grand Vacations in play as takeover target. Apollo may bid to merge with Diamond Resorts, creating scale despite losing Hilton branding. Hilton to benefit from 5% sales royalty. Wyndham also potential buyer. $40/share bid for HGV at 9-10x EBITDA post-synergies vs VAC/ILG 10.5x deal. Upside to $42.
Read full article (5 min)