MKM Partners Initiates Coverage on Interval Leisure Group to Neutral

MKM Partners Initiates Coverage on Interval Leisure Group(NASDAQ:IILG). The shares have been rated Neutral. The rating by MKM Partners was issued on Apr 14, 2016.

In a different note, Oppenheimer said it Initiates Coverage on Interval Leisure Group, according to a research note issued on Mar 9, 2016. The shares have been rated ‘Outperform’ by the firm.

Interval Leisure Group (IILG) shares turned negative on Mondays trading session with the shares closing down -0.16 points or -1.17% at a volume of 10,95,847. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $13.99. The peak price level was also seen at $13.99 while the days lowest was $13.49. Finally the shares closed at $13.55. The 52-week high of the shares is $26.78 while the 52-week low is $10.61. According to the latest information available, the market cap of the company is $779 M.

Interval Leisure Group(IILG) last announced its earnings results on Feb 25, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $165.10M. Analysts had an estimated revenue of $170.57M. Earnings per share were $0.27. Analysts had estimated an EPS of $0.23.

Several Insider Transactions has been reported to the SEC. On Dec 8, 2015, William L Harvey (CFO) purchased 3,500 shares at $14.41 per share price.Also, On Dec 8, 2015, Jeanette E Marbert (COO) purchased 3,500 shares at $14.26 per share price.On Dec 8, 2015, Craig M Nash (CEO) purchased 35,000 shares at $14.49 per share price, according to the Form-4 filing with the securities and exchange commission.

Interval Leisure Group Inc. (ILG) is a global provider of non-traditional lodging encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Company operates through two segments: Exchange and Rental and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers by providing vacation exchange services and vacation rental working with resort developers and operating vacation rental properties. Its Vacation Ownership segment is engaged in the management of vacation ownership resorts; sales marketing and financing of vacation ownership interests and related services to owners and associations.

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