Wyndham Hotels & Resorts (NYSE:WH) Upgraded by StockNews.com to Hold

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

Several other research firms have also recently weighed in on WH. Stifel Nicolaus dropped their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Truist Financial lowered their price objective on Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Barclays lifted their target price on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Robert W. Baird set a $92.00 price target on Wyndham Hotels & Resorts in a report on Thursday, October 17th. Finally, The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $91.14.

Wyndham Hotels & Resorts Stock Down 2.4 %

Shares of NYSE:WH opened at $81.39 on Tuesday. Wyndham Hotels & Resorts has a 52-week low of $67.67 and a 52-week high of $83.38. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83. The business has a fifty day moving average of $78.68 and a two-hundred day moving average of $74.75. The stock has a market cap of $6.56 billion, a P/E ratio of 28.86, a PEG ratio of 2.87 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $367.00 million during the quarter, compared to analyst estimates of $370.58 million. During the same quarter in the prior year, the firm posted $0.93 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was up 1.4% on a year-over-year basis. On average, research analysts expect that Wyndham Hotels & Resorts will post 4.26 earnings per share for the current year.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the company’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 sale, the insider now owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the sale, the chief accounting officer now directly owns 4,107 shares in the company, valued at $315,006.90. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,640 shares of company stock worth $974,351 over the last three months. Company insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after buying an additional 207 shares during the last quarter. Blue Trust Inc. lifted its stake in Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after purchasing an additional 635 shares during the last quarter. Family Firm Inc. acquired a new position in Wyndham Hotels & Resorts in the second quarter valued at approximately $67,000. International Assets Investment Management LLC purchased a new position in Wyndham Hotels & Resorts in the second quarter valued at approximately $70,000. Finally, Concord Wealth Partners raised its holdings in Wyndham Hotels & Resorts by 70.8% during the first quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock worth $79,000 after purchasing an additional 424 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

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.