Wyndham Hotels & Resorts (NYSE:WH) Releases FY 2020 Pre-Market Earnings Guidance

Wyndham Hotels & Resorts (NYSE:WH) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.48-3.58 for the period, compared to the Thomson Reuters consensus estimate of $3.55. The company issued revenue guidance of $1.89-1.93 billion, compared to the consensus revenue estimate of $2.08 billion.Wyndham Hotels & Resorts also updated its FY20 guidance to $3.48-3.58 EPS.

Shares of NYSE WH traded down $0.17 during midday trading on Friday, reaching $58.93. The company’s stock had a trading volume of 961,399 shares, compared to its average volume of 685,534. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.14 and a current ratio of 1.14. Wyndham Hotels & Resorts has a fifty-two week low of $48.53 and a fifty-two week high of $63.66. The business’s 50 day moving average price is $60.12 and its two-hundred day moving average price is $55.70. The company has a market cap of $5.58 billion, a P/E ratio of 42.40, a P/E/G ratio of 1.53 and a beta of 1.18.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.81 EPS for the quarter, meeting the consensus estimate of $0.81. Wyndham Hotels & Resorts had a net margin of 6.47% and a return on equity of 22.24%. The business had revenue of $492.00 million during the quarter, compared to the consensus estimate of $493.19 million. During the same period in the previous year, the business earned $0.58 earnings per share. The company’s revenue was down 6.6% on a year-over-year basis. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 3.26 earnings per share for the current fiscal year.

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

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

About Wyndham Hotels & Resorts

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 and Estimates for Wyndham Hotels & Resorts (NYSE:WH)

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