Wyndham Hotels & Resorts, Inc. (NYSE: WH) – Oppenheimer’s equity researchers released their estimates of earnings per share for Wyndham Hotels & Resorts for fiscal year 2022 in a research released to customers and investors on Thursday, October 28th. Report lowered. Oppenheimer analyst I. Zaffino now predicts the company will earn $ 3.16 per share for the year, up from its previous estimate of $ 3.22. Wyndham Hotels & Resorts (NYSE: WH) last released its results on Wednesday, October 27th. The company reported earnings per share of $ 1.16 for the quarter, beating Zacks’ consensus estimate of $ 0.91 by $ 0.25. The company had revenue of $ 463.00 million for the quarter, compared to analyst estimates of $ 462.81 million. Wyndham Hotels & Resorts had a return on equity of 16.39% and a net margin of 8.35%. Wyndham Hotels & Resorts revenue grew 37.4% year over year. In the same period last year, the company achieved $ 0.36 EPS.
Other stock research analysts have also released reports on the company. JPMorgan Chase & Co. raised their price target for Wyndham Hotels & Resorts from $ 83.00 to $ 86.00 and rated the company as “overweight” in a research report on Monday, October 18. Zacks Investment Research Wyndham Hotels & Resorts upgraded its stock from a “hold” rating to a “buy strong” rating on Tuesday, October 12, with a target price of $ 96.00. Loop Capital reported on Wyndham Hotels & Resorts on Tuesday, October 5th. They posted a “Buy” rating and a target price of $ 99.00 on the stock. Truist raised its price target for Wyndham Hotels & Resorts from $ 83.00 to $ 91.00 and gave the company a “Buy” rating in a report on Friday. Finally, TheStreet upgraded Wyndham Hotels & Resorts from a “c” rating to a “b” rating in a report on Friday July 30th. Seven research analysts have given the share a buy rating and one has given the share a strong buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $ 87.50.
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Shares in NYSE WH opened on Monday at $ 84.47. The company has a quick ratio of 1.43, a current ratio of 1.43, and debt of 1.95. The company has a fifty day simple moving average of $ 77.11 and a two hundred day simple moving average of $ 74.25. The company has a market cap of $ 7.90 billion, a P / E of 70.39, and a beta of 1.68. Wyndham Hotels & Resorts has a twelve-month low of $ 45.24 and a twelve-month high of $ 86.12.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 29th. Investors registered on Wednesday, September 15, received a dividend of $ 0.24 per share. This equates to an annualized dividend of $ 0.96 and a yield of 1.14%. This is an increase from Wyndham Hotels & Resorts’ previous quarterly dividend of $ 0.16. The ex-dividend date of this dividend was Tuesday September 14th. Wyndham Hotels & Resorts’ payout ratio is 93.20%.
A number of hedge funds recently changed their positions in the stock. Commonwealth Equity Services LLC acquired a new position in Wyndham Hotels & Resorts for $ 203,000 in the third quarter. Assenagon Asset Management SA acquired a new position in Wyndham Hotels & Resorts for $ 6,322,000 in the third quarter. AdvisorNet Financial Inc acquired a new position in Wyndham Hotels & Resorts for $ 38,000 in the third quarter. Arlington Partners LLC acquired a new stake in Wyndham Hotels & Resorts valued at approximately $ 56,000 in the third quarter. Eventually, Rosenberg Matthew Hamilton acquired a new stake in Wyndham Hotels & Resorts worth approximately $ 47,000 in the third quarter. Hedge funds and other institutional investors own 94.16% of the company’s stock.
Wyndham Hotels & Resorts company profile
Wyndham Hotels & Resorts, Inc. franchises and operates hotels under the Wyndham brand. It operates in the following segments: hotel franchising and hotel management. The hotel franchising segment offers hotel owners licenses for brand names and associated trademarks as part of long-term franchise agreements.
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