Wyndham Hotels & Resorts (NYSE:WH) Stock Price Expected to Rise, Oppenheimer Analyst Says

Wyndham Hotels & Resorts (NYSE:WH) had its target price raised by analysts at Oppenheimer from $90.00 to $115.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price target indicates a potential upside of 18.37% from the stock’s current price.

A number of other research analysts have also recently issued reports on WH. Barclays lifted their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Stifel Nicolaus upped their target price on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Robert W. Baird raised their price target 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. Truist Financial upped their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group started coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price for the company. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.86.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH opened at $97.15 on Tuesday. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The business’s fifty day moving average price is $83.26 and its two-hundred day moving average price is $76.86. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $98.73. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 30.84, a price-to-earnings-growth ratio of 2.50 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. During the same quarter in the prior year, the firm earned $1.31 EPS. The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. As a group, analysts predict that Wyndham Hotels & Resorts will post 4.3 EPS for the current fiscal year.

Insider Transactions at Wyndham Hotels & Resorts

In related news, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the sale, the insider now owns 26,062 shares in the company, valued at approximately $2,297,104.68. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Wyndham Hotels & Resorts news, CFO Michele Allen sold 15,000 shares of the stock in a transaction 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 sale, the chief financial officer now directly owns 10,056 shares in the company, valued at approximately $904,939.44. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were 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 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,890 shares of company stock worth $9,273,255 in the last three months. Insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently modified their holdings of the business. SG Americas Securities LLC raised its holdings in shares of Wyndham Hotels & Resorts by 205.6% during the first quarter. SG Americas Securities LLC now owns 6,861 shares of the company’s stock worth $527,000 after acquiring an additional 4,616 shares during the period. Qsemble Capital Management LP acquired a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter valued at about $215,000. Entropy Technologies LP bought a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at about $1,631,000. State Board of Administration of Florida Retirement System boosted its position in shares of Wyndham Hotels & Resorts by 6.4% during the first quarter. State Board of Administration of Florida Retirement System now owns 109,872 shares of the company’s stock worth $8,433,000 after buying an additional 6,638 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 7.5% during the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after buying an additional 581,909 shares in the last quarter. Institutional investors and hedge funds 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.