Wyndham Hotels & Resorts (NYSE:WH) Raised to “Buy” at Redburn Atlantic

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by research analysts at Redburn Atlantic from a “neutral” rating to a “buy” rating in a research report issued on Monday,Benzinga reports. The firm currently has a $115.00 target price on the stock. Redburn Atlantic’s price target points to a potential upside of 26.71% from the company’s current price.

Other research analysts have also issued reports about the company. Jefferies Financial Group upped their target price on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Morgan Stanley increased their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. The Goldman Sachs Group lifted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Truist Financial dropped their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating for the company in a research report on Friday. Finally, JPMorgan Chase & Co. raised their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $116.08.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock opened at $90.76 on Monday. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $7.06 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. The firm has a fifty day moving average price of $102.92 and a two-hundred day moving average price of $95.09. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. Analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Mutual of America Capital Management LLC increased its position in Wyndham Hotels & Resorts by 17.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock valued at $17,533,000 after acquiring an additional 25,702 shares in the last quarter. CIBC Asset Management Inc bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $248,000. Stifel Financial Corp increased its holdings in shares of Wyndham Hotels & Resorts by 91.9% in the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after purchasing an additional 14,688 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Wyndham Hotels & Resorts in the 4th quarter worth approximately $28,000. Finally, Bank of New York Mellon Corp lifted its holdings in Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock worth $85,870,000 after buying an additional 8,129 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.