Wyndham Hotels & Resorts (NYSE:WH) Receives New Coverage from Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued to investors on Saturday. The brokerage set a “hold” rating on the stock.

Other research analysts have also recently issued reports about the company. Barclays boosted their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a report on Friday. Robert W. Baird upped their price objective on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a report on Friday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $88.17.

Wyndham Hotels & Resorts Trading Down 2.1 %

Shares of Wyndham Hotels & Resorts stock opened at $73.79 on Friday. The stock has a market cap of $5.98 billion, a P/E ratio of 26.17, a P/E/G ratio of 3.06 and a beta of 1.35. The stock’s 50 day simple moving average is $75.41 and its 200-day simple moving average is $76.81. Wyndham Hotels & Resorts has a 1-year low of $63.69 and a 1-year high of $81.73. The company has a debt-to-equity ratio of 2.90, a current ratio of 0.11 and a quick ratio of 0.81.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.03. The business had revenue of $305.00 million for the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. Analysts predict that Wyndham Hotels & Resorts will post 4.23 EPS for the current fiscal year.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the sale, the chief accounting officer now owns 11,404 shares of the company’s stock, valued at $900,916. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.79% of the stock is currently owned by insiders.

Institutional Trading of Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP raised its position in Wyndham Hotels & Resorts by 62.6% in the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after purchasing an additional 152 shares during the period. Systematic Alpha Investments LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the third quarter worth $37,000. Chilton Capital Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $47,000. Covestor Ltd increased its position in shares of Wyndham Hotels & Resorts by 68.3% during the third quarter. Covestor Ltd now owns 813 shares of the company’s stock worth $57,000 after acquiring an additional 330 shares during the period. Finally, TFO Wealth Partners LLC increased its position in shares of Wyndham Hotels & Resorts by 41,100.0% during the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after acquiring an additional 822 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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.