Wyndham Hotels & Resorts (NYSE:WH) Cut to “Sell” at StockNews.com

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

Several other research firms have also commented on WH. Susquehanna began coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They issued a “neutral” rating and a $80.00 price target on the stock. Stifel Nicolaus lowered their target price on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a report on Thursday, July 25th. Truist Financial dropped their price target on 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 upped their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average price target of $89.43.

Wyndham Hotels & Resorts Price Performance

WH stock traded up $0.35 during midday trading on Friday, hitting $77.40. 518,166 shares of the stock were exchanged, compared to its average volume of 746,162. The stock’s 50-day moving average price is $75.02 and its 200-day moving average price is $74.13. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 27.45, a PEG ratio of 2.68 and a beta of 1.33. Wyndham Hotels & Resorts has a fifty-two week low of $65.63 and a fifty-two week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.10. The business had revenue of $367.00 million during the quarter, compared to the consensus estimate of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.93 EPS. Research analysts predict that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current year.

Insider Activity

In related news, CAO Nicola Rossi sold 7,297 shares of the 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 transaction, the chief accounting officer now directly owns 4,107 shares in the company, valued at $315,006.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in WH. Vanguard Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after purchasing an additional 581,909 shares during the period. Capital Research Global Investors grew its stake in Wyndham Hotels & Resorts by 0.3% during the first quarter. Capital Research Global Investors now owns 7,192,076 shares of the company’s stock worth $551,992,000 after buying an additional 23,549 shares during the period. Wellington Management Group LLP increased its position in shares of Wyndham Hotels & Resorts by 10.9% in the fourth quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock worth $445,881,000 after acquiring an additional 543,488 shares in the last quarter. Boston Partners raised its stake in shares of Wyndham Hotels & Resorts by 15.4% in the 1st quarter. Boston Partners now owns 3,227,106 shares of the company’s stock valued at $247,646,000 after acquiring an additional 430,053 shares during the period. Finally, Burgundy Asset Management Ltd. lifted its holdings in shares of Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock valued at $163,589,000 after acquiring an additional 916,742 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.