Wyndham Worldwide Corp Expected to Post Q1 2018 Earnings of $1.14 Per Share (WYN)

Wyndham Worldwide Corp (NYSE:WYN) – Analysts at SunTrust Banks issued their Q1 2018 earnings estimates for Wyndham Worldwide Corp in a research report issued to clients and investors on Wednesday. SunTrust Banks analyst P. Scholes expects that the brokerage will post earnings per share of $1.14 for the quarter. SunTrust Banks also issued estimates for Wyndham Worldwide Corp’s Q2 2018 earnings at $1.64 EPS, Q3 2018 earnings at $2.23 EPS, Q4 2018 earnings at $1.51 EPS and FY2018 earnings at $6.52 EPS.

Several other research firms have also commented on WYN. Zacks Investment Research upgraded Wyndham Worldwide Corp from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a report on Tuesday, January 31st. MKM Partners reduced their price objective on shares of Wyndham Worldwide Corp from $93.00 to $90.00 and set a “buy” rating on the stock in a report on Monday, December 5th. Janney Montgomery Scott restated a “neutral” rating on shares of Wyndham Worldwide Corp in a report on Thursday. Finally, Nomura restated a “neutral” rating and issued a $69.00 price objective (down from $75.00) on shares of Wyndham Worldwide Corp in a report on Thursday, October 27th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $80.75.

Earnings History and Estimates for Wyndham Worldwide Corp (NYSE:WYN)

“Wyndham Worldwide Corp Expected to Post Q1 2018 Earnings of $1.14 Per Share (WYN)” was originally reported by WKRB News and is the property of of WKRB News. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be viewed at http://www.wkrb13.com/markets/1981683/wyndham-worldwide-corp-expected-to-post-q1-2018-earnings-of-1-14-per-share-wyn.html.

Wyndham Worldwide Corp (NYSE:WYN) traded down 1.848% during mid-day trading on Friday, hitting $84.205. 954,097 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $79.04 and its 200-day moving average price is $72.46. Wyndham Worldwide Corp has a one year low of $62.60 and a one year high of $86.72. The stock has a market cap of $9.08 billion, a PE ratio of 16.150 and a beta of 1.24.

Wyndham Worldwide Corp (NYSE:WYN) last released its quarterly earnings results on Wednesday, February 15th. The company reported $1.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.05. The business earned $1.30 billion during the quarter, compared to analyst estimates of $1.32 billion. Wyndham Worldwide Corp had a net margin of 10.52% and a return on equity of 71.67%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.98 earnings per share.

A number of hedge funds have recently modified their holdings of WYN. Virtus Investment Advisers Inc. bought a new stake in shares of Wyndham Worldwide Corp during the third quarter valued at about $192,000. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Wyndham Worldwide Corp by 9.2% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,040 shares of the company’s stock valued at $233,000 after buying an additional 257 shares during the period. Ffcm LLC bought a new stake in shares of Wyndham Worldwide Corp during the fourth quarter valued at about $234,000. Toronto Dominion Bank raised its stake in shares of Wyndham Worldwide Corp by 422.2% in the third quarter. Toronto Dominion Bank now owns 3,227 shares of the company’s stock valued at $217,000 after buying an additional 2,609 shares during the period. Finally, Oak Associates Ltd. OH raised its stake in shares of Wyndham Worldwide Corp by 14.8% in the third quarter. Oak Associates Ltd. OH now owns 3,445 shares of the company’s stock valued at $227,000 after buying an additional 445 shares during the period. Hedge funds and other institutional investors own 94.41% of the company’s stock.

“Wyndham Worldwide Corp Expected to Post Q1 2018 Earnings of $1.14 Per Share (WYN)” was originally reported by WKRB News and is the property of of WKRB News. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be viewed at http://www.wkrb13.com/markets/1981683/wyndham-worldwide-corp-expected-to-post-q1-2018-earnings-of-1-14-per-share-wyn.html.

In related news, VP Nicola Rossi sold 2,379 shares of the business’s stock in a transaction dated Thursday, December 15th. The shares were sold at an average price of $77.35, for a total value of $184,015.65. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.03% of the stock is currently owned by insiders.

About Wyndham Worldwide Corp

Wyndham Worldwide Corporation is a hospitality company. The Company offers a range of hospitality services and products through its global portfolio of brands. The Company operates through three segments: Hotel Group, Destination Network and Vacation Ownership. The Hotel Group segment has approximately 7,800 hotels and over 678,000 hotel rooms around the world.

5 Day Chart for NYSE:WYN

This story was originally published by WKRB News (http://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://www.wkrb13.com/markets/1981683/wyndham-worldwide-corp-expected-to-post-q1-2018-earnings-of-1-14-per-share-wyn.html

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