Wyndham Hotels & Resorts Inc (NYSE:WH) Given Average Rating of “Buy” by Analysts

Shares of Wyndham Hotels & Resorts Inc (NYSE:WH) have earned an average rating of “Buy” from the ten brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $68.83.

WH has been the topic of a number of research analyst reports. Jefferies Financial Group set a $72.00 target price on Wyndham Hotels & Resorts and gave the company a “buy” rating in a report on Tuesday, March 5th. Zacks Investment Research upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, February 15th. Oppenheimer set a $69.00 target price on Wyndham Hotels & Resorts and gave the company a “buy” rating in a report on Thursday, February 14th. Finally, Bank of America initiated coverage on Wyndham Hotels & Resorts in a report on Wednesday. They issued a “buy” rating and a $62.00 target price on the stock.

Shares of NYSE:WH opened at $56.16 on Friday. The firm has a market capitalization of $5.50 billion and a PE ratio of 20.72. 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 52 week low of $43.03 and a 52 week high of $63.95.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.06. The business had revenue of $468.00 million during the quarter, compared to the consensus estimate of $448.71 million. Wyndham Hotels & Resorts had a return on equity of 18.80% and a net margin of 7.03%. The business’s revenue for the quarter was up 55.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 earnings per share. On average, research analysts anticipate that Wyndham Hotels & Resorts will post 3.18 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Thursday, June 13th. Wyndham Hotels & Resorts’s payout ratio is currently 42.80%.

In other Wyndham Hotels & Resorts news, insider Nicola Rossi sold 2,000 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Stephen P. Holmes sold 75,000 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $56.16, for a total value of $4,212,000.00. The disclosure for this sale can be found here. Insiders sold 94,975 shares of company stock worth $5,323,927 in the last quarter. 1.90% of the stock is owned by insiders.

Large investors have recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $258,000. Rhumbline Advisers grew its holdings in shares of Wyndham Hotels & Resorts by 32.8% during the fourth quarter. Rhumbline Advisers now owns 292,016 shares of the company’s stock valued at $13,249,000 after purchasing an additional 72,207 shares during the last quarter. Dupont Capital Management Corp bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $426,000. LS Investment Advisors LLC grew its holdings in shares of Wyndham Hotels & Resorts by 5.1% during the fourth quarter. LS Investment Advisors LLC now owns 6,770 shares of the company’s stock valued at $307,000 after purchasing an additional 330 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of Wyndham Hotels & Resorts by 4,437.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,794,202 shares of the company’s stock valued at $40,000 after purchasing an additional 1,754,656 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

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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