Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives $89.43 Consensus Price Target from Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have earned an average rating of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $90.25.

Several equities research analysts recently weighed in on the company. Barclays lifted their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday. Truist Financial dropped their price target on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Stifel Nicolaus cut their price objective on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Finally, The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday. They set a “buy” rating and a $96.00 target price on the stock.

Insider Activity

In other news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now directly owns 10,606 shares of the company’s stock, valued at $823,661.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the sale, the chief accounting officer now owns 4,107 shares of the company’s stock, valued at approximately $315,006.90. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,640 shares of company stock valued at $974,351. Corporate insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its stake in Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after purchasing an additional 207 shares during the period. Blue Trust Inc. grew its position in shares of Wyndham Hotels & Resorts by 1,245.1% in the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after buying an additional 635 shares during the period. TFO Wealth Partners LLC increased its stake in shares of Wyndham Hotels & Resorts by 41,100.0% in the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after acquiring an additional 822 shares in the last quarter. Family Firm Inc. purchased a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $67,000. Finally, International Assets Investment Management LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter worth about $70,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $79.41 on Wednesday. The firm has a market capitalization of $6.40 billion, a P/E ratio of 28.41, a P/E/G ratio of 2.70 and a beta of 1.33. Wyndham Hotels & Resorts has a 52 week low of $65.63 and a 52 week high of $81.73. The stock has a 50 day moving average price of $75.99 and a two-hundred day moving average price of $74.11. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The business had revenue of $367.00 million for the quarter, compared to analysts’ expectations of $370.58 million. During the same period in the previous year, the company earned $0.93 earnings per share. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. Equities analysts forecast that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date is Friday, September 13th. Wyndham Hotels & Resorts’s payout ratio is currently 53.90%.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.