Wyndham Hotels & Resorts (NYSE:WH) PT Raised to $97.00 at Robert W. Baird

by · The Markets Daily

Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) had its price target upped by investment analysts at Robert W. Baird from $92.00 to $97.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s target price would suggest a potential upside of 7.03% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on WH. The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target on the stock. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday, October 22nd. Truist Financial cut their target price on shares of Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Finally, Stifel Nicolaus increased their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a report on Thursday. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $94.00.

Get Our Latest Stock Analysis on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Stock Up 0.7 %

WH opened at $90.63 on Friday. The company has a fifty day moving average of $79.29 and a two-hundred day moving average of $74.98. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 3.00 and a beta of 1.33. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $91.93. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90.

Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. The firm had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.31 EPS. On average, research analysts expect that Wyndham Hotels & Resorts will post 4.26 earnings per share for the current year.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the transaction, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 100,343 shares of company stock valued at $9,045,321. Company insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently added to or reduced their stakes in WH. GAMMA Investing LLC increased its position in shares of Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after acquiring an additional 207 shares during the period. Concord Wealth Partners increased its holdings in Wyndham Hotels & Resorts by 115.5% during the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the period. Blue Trust Inc. raised its position in Wyndham Hotels & Resorts by 1,245.1% in the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares in the last quarter. Family Firm Inc. acquired a new position in shares of Wyndham Hotels & Resorts during the second quarter worth about $67,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth approximately $70,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Company Profile

(Get Free Report)

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.

See Also