Wyndham Hotels & Resorts (NYSE: WH) was raised from a “d +” rating to a “c” rating by equity analysts at TheStreet in a research note issued to investors on Thursday. TheStreetRatingsTable Reports.
Several other equity analysts have also published reports on the company. Zacks Investment Research Wyndham Hotels & Resorts was downgraded from a “Buy Strong” rating to a “Hold” rating in a research note on Saturday. Jefferies Financial Group raised its price target for Wyndham Hotels & Resorts from USD 85.00 to USD 91.00 and gave the stock a “Buy” rating in a report on Friday. Truist raised its price target for Wyndham Hotels & Resorts from $ 68.00 to $ 81.00 in a research report on Friday. JPMorgan Chase & Co. raised Wyndham Hotels & Resorts price target from $ 67.00 to $ 74.00 and rated the stock as overweight in a report on Wednesday April 21st. Eventually, Gordon Haskett raised Wyndham Hotels & Resorts stock price target from $ 64.00 to $ 66.00 and gave the stock a “Buy” rating in a report on Tuesday, January 5th. One analyst has given the stock a hold rating and thirteen have given the stock a buy rating. The company currently has an average “Buy” rating and an average price target of $ 67.13.
Shares of Wyndham Hotels & Resorts inventory opened Thursday at $ 73.11. The company has a Leverage Ratio of 3.03, a Current Ratio of 3.14, and a Fast Ratio of 3.14. The company has a market cap of $ 6.83 billion, a PE ratio of -152.31, a price / earnings ratio of 12.06, and a beta of 1.73. The company has a fifty-day moving average price of $ 71.57 and a two-hundred-day moving average price of $ 61.24. Wyndham Hotels & Resorts has a fifty-two-week low of $ 34.01 and a fifty-two-week high of $ 76.04.
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Wyndham Hotels & Resorts (NYSE: WH) last announced its quarterly earnings data on Wednesday April 28th. The company reported earnings per share of $ 0.36 for the quarter, beating Zacks’ consensus estimate of $ 0.25 by $ 0.11. The company had revenue of $ 303.00 million for the quarter, compared to analyst estimates of $ 334.52 million. Wyndham Hotels & Resorts had a negative net margin of 2.50% and a positive return on equity of 21.25%. The company’s quarterly revenue declined 26.1% year over year. For the same quarter last year, the company posted earnings of $ 0.50 per share. Analysts assume that Wyndham Hotels & Resorts will achieve earnings per share of 1.14 in the current fiscal year.
In related news, director Stephen P. Holmes sold 25,000 shares in the company in a transaction dated Monday March 1. The stock was sold at an average price of $ 65.33 for a total transaction of $ 1,633,250.00. The sale was announced in a filing with the SEC, which can be accessed via this link. 1.84% of the shares belong to insiders.
Several institutional investors recently bought and sold WH shares. Jones Financial Companies Lllp bought a new position in Wyndham Hotels & Resorts shares valued at approximately $ 56,000 in the first quarter. Truadvice LLC acquired a new position in Wyndham Hotels & Resorts in the first quarter valued at approximately $ 257,000. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Wyndham Hotels & Resorts by 8.2% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 32,247 shares in the company valued at $ 2,250,000 after purchasing an additional 2,432 shares during the period. TCI Wealth Advisors Inc. increased its position in Wyndham Hotels & Resorts stocks by 123.8% in the first quarter. TCI Wealth Advisors Inc. now owns 1,808 shares in the company valued at $ 126,000 after purchasing an additional 1,000 shares last quarter. Finally, North Star Asset Management Inc. increased its stake in Wyndham Hotels & Resorts by 0.6% in the first quarter. North Star Asset Management Inc. now owns 270,005 shares in the company valued at $ 18,840,000 after purchasing an additional 1,715 shares during the period. Institutional investors hold 93.02% of the company’s shares.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company operates in the hotel franchising and hotel management segments. The Hotel Franchising segment licenses its accommodation brands and offers related services to hotel owners and others. The Hotel Management segment offers hotel management services for hotels with full service and limited service.
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