Wyndham Hotels & Resorts (NYSE:WH – GetRating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report released on Friday.
Other analysts have also recently issued research reports about the company. Robert W. Baird reissued a “buy” rating on shares of Wyndham Hotels & Resorts in a research report on Thursday, December 9th. Berenberg Bank raised Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Thursday, January 6th. Finally, Zacks Investment Research upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Saturday, February 19th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Buy” and a consensus price target of $90.33.
Shares of Wyndham Hotels & Resorts stock opened at $86.24 on Friday. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.60 and a quick ratio of 1.60. Wyndham Hotels & Resorts has a 1 year low of $60.86 and a 1 year high of $93.72. The firm’s 50-day moving average is $86.23 and its two-hundred day moving average is $81.72. The stock has a market cap of $7.96 billion, a price-to-earnings ratio of 43.12 and a beta of 1.70.
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Wyndham Hotels & Resorts (NYSE:WH – GetRating) last announced its earnings results on Monday, February 14th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.15. The business had revenue of $392.00 million for the quarter, compared to analysts’ expectations of $384.75 million. Wyndham Hotels & Resorts had a return on equity of 23.01% and a net margin of 12.81%. The business’s revenue for the quarter was up 32.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 EPS. On average, equities analysts expect that Wyndham Hotels & Resorts will post 3.01 earnings per share for the current year.
In related news, General Counsel Paul F. Cash sold 1,232 shares of the company’s stock in a transaction dated Monday, December 6th. The shares were sold at an average price of $81.24, for a total transaction of $100,087.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. So CAO Nicholas Rossi sold 16,873 shares of the stock in a transaction on Wednesday, December 29th. The shares were sold at an average price of $89.65, for a total value of $1,512,664.45. The disclosure for this sale can be found here. Corporate insiders own 2.06% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. increased its stake in shares of Wyndham Hotels & Resorts by 75.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,165,018 shares of the company’s stock worth $194,093,000 after acquiring an additional 929,501 shares during the last quarter. William Blair Investment Management LLC increased its holdings in shares of Wyndham Hotels & Resorts by 28.9% during the 4th quarter. William Blair Investment Management LLC now owns 3,940,506 shares of the company’s stock worth $353,266,000 after buying an additional 884,079 shares during the last quarter. invesco ltd increased its holdings in shares of Wyndham Hotels & Resorts by 60.9% during the 3rd quarter. invesco ltd now owns 1,626,796 shares of the company’s stock worth $125,572,000 after buying an additional 615,800 shares during the last quarter. Citigroup Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 1,081.6% during the 3rd quarter. Citigroup Inc. now owns 628,656 shares of the company’s stock worth $48,525,000 after buying an additional 575,453 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of Wyndham Hotels & Resorts by 253.7% during the 3rd quarter. Morgan Stanley now owns 762,041 shares of the company’s stock worth $58,822,000 after buying an additional 546,608 shares during the last quarter. Institutional investors own 92.87% of the company’s stock.
Wyndham Hotels & Resorts Company Profile (GetRating)
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising and Hotel Management. The Hotel Franchising segment offers licenses of brand names and associated trademarks to hotel owners under long-term franchise agreements.
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