Zacks: Brokerages Anticipate Wyndham Destinations (NYSE:WYND) Will Post Earnings of $1.56 Per Share

Wall Street brokerages expect that Wyndham Destinations (NYSE:WYND) will announce earnings of $1.56 per share for the current quarter, according to Zacks. Seven analysts have issued estimates for Wyndham Destinations’ earnings, with the highest EPS estimate coming in at $1.61 and the lowest estimate coming in at $1.52. Wyndham Destinations reported earnings per share of $1.27 during the same quarter last year, which indicates a positive year-over-year growth rate of 22.8%. The company is scheduled to issue its next quarterly earnings report on Tuesday, February 25th.

According to Zacks, analysts expect that Wyndham Destinations will report full-year earnings of $5.60 per share for the current fiscal year, with EPS estimates ranging from $5.58 to $5.64. For the next financial year, analysts expect that the business will report earnings of $6.05 per share, with EPS estimates ranging from $5.80 to $6.36. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Wyndham Destinations.

Wyndham Destinations (NYSE:WYND) last posted its earnings results on Wednesday, October 30th. The company reported $1.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.10. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. Wyndham Destinations had a net margin of 11.22% and a negative return on equity of 87.60%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the business posted $1.47 earnings per share.

Several equities research analysts have weighed in on WYND shares. JPMorgan Chase & Co. increased their target price on shares of Wyndham Destinations from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. Jefferies Financial Group set a $62.00 target price on shares of Wyndham Destinations and gave the stock a “buy” rating in a report on Friday, August 30th. Finally, Zacks Investment Research upgraded shares of Wyndham Destinations from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a report on Wednesday. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Wyndham Destinations has an average rating of “Buy” and a consensus target price of $59.50.

In related news, Director Stephen P. Holmes sold 25,000 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $48.64, for a total transaction of $1,216,000.00. Following the sale, the director now directly owns 842,818 shares in the company, valued at $40,994,667.52. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.59% of the company’s stock.

Large investors have recently modified their holdings of the stock. Manchester Capital Management LLC acquired a new stake in shares of Wyndham Destinations during the second quarter worth $27,000. Prestige Wealth Management Group LLC acquired a new stake in shares of Wyndham Destinations during the second quarter worth $31,000. Coastal Investment Advisors Inc. acquired a new stake in shares of Wyndham Destinations during the second quarter worth $33,000. Signaturefd LLC acquired a new stake in shares of Wyndham Destinations during the second quarter worth $34,000. Finally, Advisory Services Network LLC raised its holdings in shares of Wyndham Destinations by 29.7% during the second quarter. Advisory Services Network LLC now owns 1,104 shares of the company’s stock worth $49,000 after acquiring an additional 253 shares during the period. Institutional investors and hedge funds own 89.06% of the company’s stock.

WYND opened at $49.47 on Monday. The firm’s fifty day moving average is $47.96 and its two-hundred day moving average is $45.03. The firm has a market cap of $4.47 billion, a PE ratio of 10.55, a price-to-earnings-growth ratio of 2.20 and a beta of 1.54. Wyndham Destinations has a twelve month low of $33.55 and a twelve month high of $50.08.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, December 12th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.64%. Wyndham Destinations’s payout ratio is 38.38%.

About Wyndham Destinations

Wyndham Destinations, Inc operates as a vacation ownership and exchange company in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Rentals. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts.

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