Wyndham Hotels & Resorts Inc (NYSE:WH) Receives $56.92 Average PT from Analysts

Shares of Wyndham Hotels & Resorts Inc (NYSE:WH) have received a consensus rating of “Buy” from the fifteen research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and twelve have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $56.92.

WH has been the subject of several analyst reports. JPMorgan Chase & Co. reissued a “buy” rating and issued a $62.00 target price (up previously from $58.00) on shares of Wyndham Hotels & Resorts in a research note on Tuesday, September 8th. Morningstar reiterated an “overweight” rating and issued a $60.00 price target on shares of Wyndham Hotels & Resorts in a report on Tuesday, August 4th. Bank of America raised their price objective on Wyndham Hotels & Resorts from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. Barclays increased their price target on Wyndham Hotels & Resorts from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Wednesday, September 30th. Finally, Jefferies Financial Group restated a “buy” rating and set a $61.00 price objective (up previously from $59.00) on shares of Wyndham Hotels & Resorts in a research note on Friday, September 11th.

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 1,792 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $52.72, for a total value of $94,474.24. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Nicola Rossi sold 2,350 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $52.00, for a total transaction of $122,200.00. The disclosure for this sale can be found here. Insiders own 1.84% of the company’s stock.

Large investors have recently modified their holdings of the stock. Private Advisor Group LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $59,000. Cerebellum GP LLC acquired a new stake in Wyndham Hotels & Resorts in the 3rd quarter valued at approximately $64,000. Kore Private Wealth LLC raised its stake in Wyndham Hotels & Resorts by 806.4% during the 2nd quarter. Kore Private Wealth LLC now owns 2,266 shares of the company’s stock valued at $96,000 after acquiring an additional 2,016 shares in the last quarter. Orion Portfolio Solutions LLC boosted its position in Wyndham Hotels & Resorts by 28.2% during the 2nd quarter. Orion Portfolio Solutions LLC now owns 2,674 shares of the company’s stock worth $114,000 after acquiring an additional 588 shares during the period. Finally, First Citizens Bank & Trust Co. bought a new position in shares of Wyndham Hotels & Resorts in the second quarter worth $205,000. Hedge funds and other institutional investors own 93.02% of the company’s stock.

Shares of WH opened at $46.97 on Monday. The company has a debt-to-equity ratio of 3.03, a current ratio of 3.14 and a quick ratio of 3.14. Wyndham Hotels & Resorts has a 1-year low of $14.50 and a 1-year high of $63.66. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of -97.85, a price-to-earnings-growth ratio of 12.06 and a beta of 1.73. The firm has a 50 day simple moving average of $51.20 and a 200-day simple moving average of $46.17.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.06. Wyndham Hotels & Resorts had a positive return on equity of 21.25% and a negative net margin of 2.50%. On average, equities analysts expect that Wyndham Hotels & Resorts will post 1.14 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.08 dividend. The ex-dividend date was Monday, September 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.68%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 9.76%.

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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