Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives $105.56 Consensus Price Target from Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $105.56.

A number of equities research analysts recently commented on WH shares. Truist Financial boosted their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Stifel Nicolaus upped their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Robert W. Baird raised their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Oppenheimer upped their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Finally, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st.

Wyndham Hotels & Resorts Stock Performance

WH opened at $101.69 on Friday. The firm has a market cap of $7.91 billion, a P/E ratio of 32.28, a PEG ratio of 2.42 and a beta of 1.32. Wyndham Hotels & Resorts has a 1-year low of $67.67 and a 1-year high of $105.16. The company has a 50 day simple moving average of $96.40 and a two-hundred day simple moving average of $83.22. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The firm had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. During the same quarter in the prior year, the company posted $1.31 earnings per share. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. Equities analysts forecast that Wyndham Hotels & Resorts will post 4.29 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.49%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 48.25%.

Insiders Place Their Bets

In other news, CFO Michele Allen sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the sale, the chief financial officer now owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. This represents a 59.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the transaction, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 97,850 shares of company stock worth $8,881,849. 2.79% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of WH. Burgundy Asset Management Ltd. boosted its position in shares of Wyndham Hotels & Resorts by 70.9% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after purchasing an additional 916,742 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in Wyndham Hotels & Resorts by 40.8% in the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after buying an additional 506,593 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Wyndham Hotels & Resorts by 18.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock worth $91,609,000 after acquiring an additional 196,982 shares in the last quarter. Millennium Management LLC grew its stake in shares of Wyndham Hotels & Resorts by 12.6% during the second quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock worth $86,906,000 after acquiring an additional 131,848 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 722,082 shares of the company’s stock valued at $56,423,000 after acquiring an additional 7,241 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.