Wyndham Hotels & Resorts (NYSE:WH) PT Raised to $92.00

Wyndham Hotels & Resorts (NYSE:WH) had its price target boosted by equities research analysts at Stifel Nicolaus from $91.00 to $92.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 1.51% from the stock’s current price.

Several other research analysts have also commented on WH. The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective for the company. Barclays increased their price target on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. Robert W. Baird set a $92.00 price objective on Wyndham Hotels & Resorts in a research report on Thursday, October 17th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, Truist Financial lowered their target price on Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average target price of $94.00.

Wyndham Hotels & Resorts Price Performance

WH opened at $90.63 on Thursday. The stock has a market capitalization of $7.30 billion, a P/E ratio of 32.14, a PEG ratio of 3.00 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $91.93. The stock has a 50-day moving average price of $79.29 and a 200-day moving average price of $74.98.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. During the same period last year, the business earned $1.31 earnings per share. The business’s quarterly revenue was down 1.5% on a year-over-year basis. Equities analysts predict that Wyndham Hotels & Resorts will post 4.26 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the transaction, the insider now owns 10,606 shares in the company, valued at $823,661.96. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the sale, the director now owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 100,343 shares of company stock worth $9,045,321. Corporate insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in WH. GAMMA Investing LLC grew its holdings in shares of Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after buying an additional 207 shares in the last quarter. Concord Wealth Partners grew its stake in Wyndham Hotels & Resorts by 115.5% during the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares in the last quarter. Blue Trust Inc. grew its stake in Wyndham Hotels & Resorts by 1,245.1% during the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after acquiring an additional 635 shares in the last quarter. Family Firm Inc. acquired a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at about $67,000. Finally, International Assets Investment Management LLC purchased a new position in Wyndham Hotels & Resorts in the 2nd quarter worth approximately $70,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.