Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives $89.43 Average Price Target from Analysts

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $89.43.

WH has been the subject of several research reports. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Thursday, August 22nd. Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They issued a “neutral” rating and a $80.00 price objective for the company. Stifel Nicolaus cut their target price on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. Truist Financial lowered their price target on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a research report on Friday, July 26th. Finally, Barclays lifted their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, July 26th.

Check Out Our Latest Analysis on WH

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $76.50 on Friday. 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 stock’s fifty day moving average is $74.44 and its two-hundred day moving average is $74.15. Wyndham Hotels & Resorts has a 52 week low of $65.63 and a 52 week high of $81.73. The company has a market capitalization of $6.04 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 2.66 and a beta of 1.34.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping the consensus estimate 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 company had revenue of $367.00 million for the quarter, compared to the consensus estimate of $370.58 million. During the same quarter last year, the firm posted $0.93 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. As a group, analysts expect that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.99%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 53.90%.

Insider Buying and Selling

In other news, CAO Nicola Rossi sold 7,297 shares of the business’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the sale, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.79% of the stock is owned by company insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Large investors have recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after acquiring an additional 207 shares during the period. Blue Trust Inc. raised its holdings in shares of 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. TFO Wealth Partners LLC lifted its position in Wyndham Hotels & Resorts by 41,100.0% during the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after purchasing an additional 822 shares during the period. Family Firm Inc. purchased a new stake in Wyndham Hotels & Resorts in the second quarter valued at $67,000. Finally, International Assets Investment Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth about $70,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

(Get Free Report

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.

Read More

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

Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.