Professional
Added to YB: 2024-07-25
Pitch date: 2024-07-23
HGV [bullish]
Hilton Grand Vacations Inc.
+1.97%
current return
Author Info
No bio for this author
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
$43.14
Price Target
86.00 (+95%)
Dividend
N/A
EV/EBITDA
11.99
P/E
74.54
EV/Sales
2.41
Sector
Hotels, Restaurants and Leisure
Category
growth
Buckley Capital New Position: Hilton Grand Vacations Inc.
HGV: Timeshare leader, 66% market share. Resilient through cycles, 50%+ recurring EBITDA. Growth from upgrades (60% profit post-initial sale), Hilton affiliation, partnerships. Catalysts: Maui/Japan recovery, Bluegreen synergies, easier comps H2 FY24. Trades 6.9x FY25 EBITDA, 4.5x FCF. $100M quarterly buybacks. Potential 100% upside in 12-24 months.
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