Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Consensus Recommendation of “Buy” by Brokerages

Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Free Report) has received an average recommendation of “Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $87.00.

Separately, StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, February 23rd. They set a “hold” rating for the company.

View Our Latest Report on Wyndham Hotels & Resorts

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP grew its holdings in shares of Wyndham Hotels & Resorts by 150.2% during the third quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company’s stock worth $347,812,000 after buying an additional 3,002,259 shares in the last quarter. Long Pond Capital LP purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth $77,107,000. Morgan Stanley grew its holdings in shares of Wyndham Hotels & Resorts by 170.2% during the fourth quarter. Morgan Stanley now owns 1,472,876 shares of the company’s stock worth $105,031,000 after buying an additional 927,864 shares in the last quarter. Norges Bank purchased a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $71,677,000. Finally, Schonfeld Strategic Advisors LLC grew its holdings in shares of Wyndham Hotels & Resorts by 7,954.1% during the second quarter. Schonfeld Strategic Advisors LLC now owns 773,192 shares of the company’s stock worth $53,018,000 after buying an additional 763,592 shares in the last quarter. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 0.8 %

NYSE WH opened at $75.94 on Friday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market capitalization of $6.15 billion, a price-to-earnings ratio of 22.33, a price-to-earnings-growth ratio of 3.36 and a beta of 1.37. The company’s 50-day simple moving average is $79.46 and its two-hundred day simple moving average is $76.26. Wyndham Hotels & Resorts has a one year low of $63.69 and a one year high of $81.73.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last released its quarterly earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The business had revenue of $321.00 million for the quarter, compared to analysts’ expectations of $321.35 million. During the same period last year, the business earned $0.72 EPS. The company’s revenue was down 3.9% compared to the same quarter last year. Equities analysts forecast that Wyndham Hotels & Resorts will post 4.24 EPS for the current fiscal year.

About Wyndham Hotels & Resorts

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Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. 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. The Hotel Management segment provides hotel management services for full-service hotels.

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Analyst Recommendations for Wyndham Hotels & Resorts (NYSE:WH)

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