Bluegreen Vacations Corporation (BXG) on Focus After Trading At All-Time Highs

March 21, 2018 - By Ellis Scott

The stock of Bluegreen Vacations Corporation (NYSE:BXG) reached all time high today, Mar, 21 and still has $23.27 target or 7.00 % above today’s $21.75 share price. This indicates more upside for the $1.63 billion company. This technical setup was reported by If the $23.27 PT is reached, the company will be worth $113.75M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock decreased 1.85% or $0.41 during the last trading session, reaching $21.75. About 101,384 shares traded. Bluegreen Vacations Corporation (NYSE:BXG) has 0.00% since March 21, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Bluegreen Vacations Corporation (NYSE:BXG) to report earnings on June, 5. BXG’s profit will be $22.41M for 18.13 P/E if the $0.30 EPS becomes a reality. After $0.25 actual EPS reported by Bluegreen Vacations Corporation for the previous quarter, Wall Street now forecasts 20.00 % EPS growth.

Bluegreen Corporation operates as a sales, marketing, and management firm focusing on the vacation ownership industry in the United States. The company has market cap of $1.63 billion. The firm markets, sells, and manages vacation ownership interests in resorts that are developed or acquired by the company, or developed and owned by others. It has a 12.38 P/E ratio. The Company’s VOIs enable buyers to use resort accommodations through an annual or biennial allotment of points, which represent their ownership and beneficial use rights in perpetuity in the Bluegreen Vacation Club.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.