What Next for ILG, Inc. (ILG) After Forming Bullish Double Top Pattern?

May 23, 2018 - By Henry Gaston

The chart of ILG, Inc. (ILG) shows a double top with $35.57 target or 5.00 % above today’s $33.88 share price. The 5 months chart pattern indicates low risk for the $4.21 billion company. It was reported on May, 23 by Finviz.com. If the $35.57 price target is reached, the company will be worth $210.60 million more. Double tops are rare but powerful chart patterns.

The stock decreased 0.12% or $0.04 during the last trading session, reaching $33.88. About 596,744 shares traded. ILG, Inc. (NASDAQ:ILG) has risen 63.12% since May 23, 2017 and is uptrending. It has outperformed by 51.57% the S&P500.

Analysts await ILG, Inc. (NASDAQ:ILG) to report earnings on August, 2. They expect $0.29 earnings per share, up 11.54 % or $0.03 from last year’s $0.26 per share. ILG’s profit will be $36.05M for 29.21 P/E if the $0.29 EPS becomes a reality. After $0.36 actual earnings per share reported by ILG, Inc. for the previous quarter, Wall Street now forecasts -19.44 % negative EPS growth.

More notable recent ILG, Inc. (NASDAQ:ILG) news were published by: Fool.com which released: “The Hitch in Marriott Vacations’ Acquisition of ILG” on May 17, 2018, also Investorplace.com with their article: “3 Stocks to Buy for a Strong Summer Vacation Season” published on May 22, 2018, Businesswire.com published: “ILG Recognized For Its Philanthropic Initiative With Coveted Industry Award” on May 15, 2018. More interesting news about ILG, Inc. (NASDAQ:ILG) were released by: 247Wallst.com and their article: “Why Marriott Vacations Is Paying Billions for ILG” published on April 30, 2018 as well as Businesswire.com‘s news article titled: “New Zealand’s Taupo Ika Nui Resort Selects Interval International” with publication date: May 22, 2018.

ILG, Inc., together with its subsidiaries, provides professional vacation services in the United States, Europe, and internationally. The company has market cap of $4.21 billion. The firm operates through two divisions, Vacation Ownership, and Exchange and Rental. It has a 25.28 P/E ratio. The Vacation Ownership segment engages in the sale, marketing, financing, and development of vacation ownership interests; and management of vacation ownership resorts, as well as in the provision of related services to owners and associations.

ILG, Inc. (NASDAQ:ILG) Ratings Chart

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