Wyndham Hotels & Resorts (NYSE:WH) Announces Quarterly Earnings Results

Wyndham Hotels & Resorts (NYSE:WH) posted its quarterly earnings data on Thursday. The company reported $0.81 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.81, Bloomberg Earnings reports. Wyndham Hotels & Resorts had a return on equity of 22.24% and a net margin of 6.47%. The firm had revenue of $492.00 million for the quarter, compared to the consensus estimate of $493.19 million. During the same quarter in the prior year, the business earned $0.58 EPS. The business’s revenue for the quarter was down 6.6% compared to the same quarter last year. Wyndham Hotels & Resorts updated its FY 2020
Pre-Market guidance to 3.48-3.58 EPS and its FY20 guidance to $3.48-3.58 EPS.

Shares of WH stock traded down $0.76 during trading hours on Thursday, reaching $59.10. The company had a trading volume of 1,062,346 shares, compared to its average volume of 676,328. The company has a 50 day moving average of $60.20 and a 200 day moving average of $55.68. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $5.58 billion, a price-to-earnings ratio of 42.52, a P/E/G ratio of 1.53 and a beta of 1.18. Wyndham Hotels & Resorts has a 1-year low of $48.53 and a 1-year high of $63.66.

In other news, insider Thomas Hunter Barber sold 3,091 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $57.62, for a total value of $178,103.42. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Several research analysts have issued reports on WH shares. Barclays reduced their price objective on Wyndham Hotels & Resorts from $69.00 to $68.00 and set an “overweight” rating on the stock in a report on Thursday, February 6th. Zacks Investment Research raised Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a report on Saturday, February 8th. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company’s stock. Wyndham Hotels & Resorts has a consensus rating of “Buy” and an average target price of $65.75.

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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Earnings History for Wyndham Hotels & Resorts (NYSE:WH)

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