Wyndham Hotels & Resorts (NYSE:WH) Stock Price Expected to Rise, Truist Financial Analyst Says

Wyndham Hotels & Resorts (NYSE:WH) had its target price boosted by Truist Financial from $105.00 to $122.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial’s price target suggests a potential upside of 10.76% from the company’s current price.

A number of other analysts have also recently weighed in on WH. Jefferies Financial Group boosted their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Wells Fargo & Company increased their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Stifel Nicolaus upped their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus target price of $113.80.

Wyndham Hotels & Resorts Stock Down 1.1 %

Shares of NYSE WH traded down $1.25 during mid-day trading on Wednesday, hitting $110.15. The company had a trading volume of 152,322 shares, compared to its average volume of 751,164. The company has a market capitalization of $8.56 billion, a PE ratio of 30.33, a price-to-earnings-growth ratio of 2.18 and a beta of 1.29. The firm has a 50-day simple moving average of $103.66 and a two-hundred day simple moving average of $91.20. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $112.16.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. On average, equities analysts expect that Wyndham Hotels & Resorts will post 4.8 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of WH. Trust Co. of Vermont boosted its holdings in Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Proficio Capital Partners LLC bought a new position in Wyndham Hotels & Resorts in the 4th quarter valued at $28,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after acquiring an additional 234 shares during the last quarter. Assetmark Inc. bought a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter worth $30,000. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of Wyndham Hotels & Resorts by 86.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.