Wyndham Hotels & Resorts (NYSE:WH) Rating Lowered to Sell at StockNews.com

Wyndham Hotels & Resorts (NYSE:WH) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Monday.

Several other research firms also recently commented on WH. Truist Financial dropped their target price on Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a research report on Monday. Stifel Nicolaus decreased their price target on 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. Susquehanna assumed coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They issued a “neutral” rating and a $80.00 price target for the company. Barclays increased their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Finally, The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.13.

Wyndham Hotels & Resorts Stock Down 0.1 %

NYSE:WH opened at $81.27 on Monday. 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 firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of 28.82, a price-to-earnings-growth ratio of 2.76 and a beta of 1.33. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $82.71. The stock’s 50 day moving average price is $77.61 and its two-hundred day moving average price is $74.39.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. The firm had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.93 EPS. Equities research analysts expect that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current fiscal year.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was 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 of the company’s stock, valued at $823,661.96. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Nicola Rossi sold 7,297 shares of the 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 in the company, valued at approximately $315,006.90. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,640 shares of company stock worth $974,351 in the last 90 days. Company insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently bought and sold shares of the stock. Retirement Systems of Alabama increased its stake in Wyndham Hotels & Resorts by 40.1% during the first quarter. Retirement Systems of Alabama now owns 231,671 shares of the company’s stock worth $17,781,000 after acquiring an additional 66,266 shares during the last quarter. TimesSquare Capital Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at approximately $1,382,000. Van ECK Associates Corp bought a new position in Wyndham Hotels & Resorts in the first quarter worth approximately $2,292,000. Hsbc Holdings PLC bought a new position in Wyndham Hotels & Resorts in the second quarter worth approximately $1,425,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 41.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 899,282 shares of the company’s stock worth $72,311,000 after purchasing an additional 262,031 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

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.