Wyndham Hotels & Resorts Inc (NYSE:WH) Receives Consensus Recommendation of “Buy” from Analysts

Wyndham Hotels & Resorts Inc (NYSE:WH) has been given an average recommendation of “Buy” by the ten ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $69.00.

Several analysts have commented on WH shares. Bank of America reissued an “underperform” rating and issued a $86.00 price objective on shares of PTC in a report on Wednesday, June 12th. Zacks Investment Research lowered Inflarx from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Finally, Barclays reissued a “sell” rating on shares of RenaissanceRe in a report on Tuesday, July 2nd.

WH traded down $0.50 during trading on Tuesday, hitting $60.72. The company’s stock had a trading volume of 790,753 shares, compared to its average volume of 975,209. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.55. Wyndham Hotels & Resorts has a twelve month low of $43.03 and a twelve month high of $62.38. The business’s fifty day moving average price is $56.45. The company has a market cap of $5.91 billion and a price-to-earnings ratio of 22.41.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. Wyndham Hotels & Resorts had a return on equity of 18.80% and a net margin of 7.03%. The company had revenue of $468.00 million for the quarter, compared to analyst estimates of $448.71 million. During the same period last year, the company earned $0.55 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was up 55.0% compared to the same quarter last year. Equities research analysts forecast that Wyndham Hotels & Resorts will post 3.18 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.91%. The ex-dividend date was Thursday, June 13th. Wyndham Hotels & Resorts’s payout ratio is currently 42.80%.

In other news, insider Stephen P. Holmes sold 75,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $56.16, for a total value of $4,212,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Michele Allen sold 4,475 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $56.12, for a total value of $251,137.00. The disclosure for this sale can be found here. Insiders sold 92,975 shares of company stock worth $5,215,927 over the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Several large investors have recently modified their holdings of WH. First Financial Corp IN acquired a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth approximately $30,000. Country Trust Bank boosted its stake in shares of Wyndham Hotels & Resorts by 100.0% in the second quarter. Country Trust Bank now owns 800 shares of the company’s stock worth $42,000 after acquiring an additional 400 shares during the last quarter. Marshall Wace North America L.P. acquired a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth approximately $90,000. Bremer Bank National Association acquired a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth approximately $93,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Wyndham Hotels & Resorts by 678.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,366 shares of the company’s stock worth $119,000 after acquiring an additional 2,062 shares during the last quarter. 91.23% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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Analyst Recommendations for Wyndham Hotels & Resorts (NYSE:WH)

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