In a report released today, Simon Yarmak from Stifel Nicolaus maintained a Buy rating on Bluegreen Vacations Corp (NYSE: BXG), with a price target of $22.50. The company’s shares closed yesterday at $16.81.
According to TipRanks.com, Yarmak is a 4-star analyst with an average return of 7.7% and a 62.2% success rate. Yarmak covers the Financial sector, focusing on stocks such as National Retail Properties, Hersha Hospitality Trust, and CBL and Associates.
The word on The Street in general, suggests a Hold analyst consensus rating for Bluegreen Vacations Corp with a $21.83 average price target.
Based on Bluegreen Vacations Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $26.71 million. In comparison, last year the company had a net profit of $18.44 million.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BXG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Bluegreen Vacations Corp. is a vacation ownership company, which markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. Its resort network includes 42 Club, and 24 Club Associate. The company operates through the following segments: Sales of VOIs & Financing, and Resort Operations & Club Management.