News coverage about Wyndham Worldwide (NYSE:WYN) has trended somewhat positive on Monday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wyndham Worldwide earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the company an impact score of 44.9957729842296 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Wyndham Worldwide (WYN) Director Sells $34,902.63 in Stock (americanbankingnews.com)
- Wyndham Worldwide Corporation — Moody’s assigns a Ba2 rating to Wyndham Worldwide’s proposed bank facility (finance.yahoo.com)
- Wyndham Closes $1.3B Sale of European Vacation Business (cpexecutive.com)
- Critical Contrast: Wyndham Worldwide (WYN) versus Century Casinos (CNTY) (americanbankingnews.com)
- BRIEF-Wyndham Hotels & Resorts Inc Says Co’s Board Approved Expansion Of Board To Four Members (reuters.com)
Several research firms have recently weighed in on WYN. ValuEngine cut Wyndham Worldwide from a “buy” rating to a “hold” rating in a report on Thursday, May 3rd. Stifel Nicolaus restated a “buy” rating and set a $131.00 price target (down from $135.00) on shares of Wyndham Worldwide in a report on Monday, May 7th. Zacks Investment Research cut Wyndham Worldwide from a “hold” rating to a “sell” rating in a report on Friday, April 27th. Oppenheimer began coverage on Wyndham Worldwide in a report on Monday, April 2nd. They set an “outperform” rating and a $135.00 price target on the stock. Finally, SunTrust Banks boosted their price target on Wyndham Worldwide to $131.00 and gave the stock a “buy” rating in a report on Thursday, February 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $136.57.
Wyndham Worldwide (NYSE:WYN) last announced its earnings results on Wednesday, May 2nd. The company reported $1.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.27 by $0.06. Wyndham Worldwide had a return on equity of 94.96% and a net margin of 13.78%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. research analysts expect that Wyndham Worldwide will post 7.33 earnings per share for the current year.
In related news, Director George Herrera sold 270 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $121.76, for a total value of $32,875.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Geoffrey A. Ballotti sold 8,968 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $114.73, for a total value of $1,028,898.64. Following the completion of the sale, the chief executive officer now owns 137,784 shares in the company, valued at $15,807,958.32. The disclosure for this sale can be found here. Insiders sold 19,823 shares of company stock worth $2,308,444 over the last quarter. 2.18% of the stock is currently owned by company insiders.
About Wyndham Worldwide
Wyndham Worldwide Corporation provides hospitality services and products to individual and business customers worldwide. It operates through three segments: Hotel Group, Destination Network, and Vacation Ownership. The Hotel Group segment primarily franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments, as well as provides property management services for full-service and select limited-service hotels.
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