Wyndham Hotels & Resorts (NYSE:WH) PT Raised to $88.00 at Robert W. Baird

Wyndham Hotels & Resorts (NYSE:WH) had its price target raised by equities research analysts at Robert W. Baird from $86.00 to $88.00 in a report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s target price would suggest a potential upside of 16.70% from the company’s current price.

A number of other brokerages have also recently weighed in on WH. StockNews.com started coverage on Wyndham Hotels & Resorts in a report on Friday, April 19th. They set a “hold” rating on the stock. Barclays decreased their price objective on Wyndham Hotels & Resorts from $90.00 to $87.00 and set an “overweight” rating on the stock in a report on Friday, April 19th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and an average target price of $88.29.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $75.41 on Friday. The business’s 50-day moving average price is $75.59 and its two-hundred day moving average price is $76.67. Wyndham Hotels & Resorts has a twelve month low of $63.69 and a twelve month high of $81.73. The stock has a market cap of $6.11 billion, a P/E ratio of 26.74, a PEG ratio of 2.99 and a beta of 1.35. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. Wyndham Hotels & Resorts had a return on equity of 39.89% and a net margin of 17.19%. The firm had revenue of $305.00 million for the quarter, compared to analysts’ expectations of $308.24 million. During the same quarter last year, the firm posted $0.86 EPS. The company’s revenue was down 2.6% compared to the same quarter last year. As a group, equities analysts predict that Wyndham Hotels & Resorts will post 4.19 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 3,200 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the transaction, the chief accounting officer now directly owns 11,404 shares in the company, valued at approximately $900,916. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.79% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Large investors have recently made changes to their positions in the business. Allworth Financial LP boosted its position in shares of Wyndham Hotels & Resorts by 62.6% during the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after purchasing an additional 152 shares in the last quarter. Systematic Alpha Investments LLC bought a new stake in shares of Wyndham Hotels & Resorts during the third quarter valued at approximately $37,000. Chilton Capital Management LLC bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $47,000. Covestor Ltd boosted its position in shares of Wyndham Hotels & Resorts by 68.3% during the third quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after purchasing an additional 330 shares in the last quarter. Finally, TFO Wealth Partners LLC boosted its position in shares of Wyndham Hotels & Resorts by 41,100.0% during the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after purchasing an additional 822 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Company Profile

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.