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Wyndham Hotels & Resorts (NYSE:WH) target price lowered to $86.00

Vaseline 4 weeks ago


Wyndham Hotels & Resorts (NYSE:WH – Get a Free Report) Investment analyst Robert W. Baird had their price target lowered from $87.00 to $86.00 in a report issued Friday, Benzinga reports. The company currently has an ‘outperform’ rating on the stock. Robert W. Baird’s price target would suggest a potential upside of 23.00% from the company’s current share price.

In addition, StockNews.com began covering shares of Wyndham Hotels & Resorts in a research report on Friday. They have set a ‘hold’ rating on the stock. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $88.00.

Get our latest analysis on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts rises 0.9%

Shares of WH stock opened at $69.92 on Friday. The company’s 50-day moving average price is $76.06 and its 200-day moving average price is $76.60. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90. The stock has a market cap of $5.66 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 3.16 and a beta of 1.35. Wyndham Hotels & Resorts has a 12-month low of $63.69 and a 12-month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last reported its quarterly earnings results on Wednesday, February 14. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.01. The company had revenue of $321.00 million for the quarter, compared to analyst expectations of $321.35 million. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The company’s revenue fell 3.9% compared to the same quarter last year. During the same quarter of the previous year, the company posted earnings per share of $0.72. As a group, stock analysts predict that Wyndham Hotels & Resorts will post 4.22 earnings per share for the current year.

Insider buying and selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares sold at an average price of $79.00, for a total value of $252,800.00. Following the transaction, the Chief Accounting Officer now owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.79% of the shares are currently owned by business insiders.

Institutional trading in Wyndham Hotels & Resorts

Several hedge funds have recently made changes to their positions in the company. State of Michigan Retirement System increased its position in shares of Wyndham Hotels & Resorts by 2.0% during the first quarter. State of Michigan Retirement System now owns 20,353 shares of the company’s stock worth $1,562,000 after purchasing an additional 400 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Wyndham Hotels & Resorts by 17.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 104,609 shares of the company’s stock worth $8,029,000 after purchasing an additional 15,599 shares during the last quarter. Benson Investment Management Company Inc. increased its position in Wyndham Hotels & Resorts shares by 0.7% during the first quarter. Benson Investment Management Company Inc. now owns 57,684 shares of the company’s stock worth $4,427,000 after purchasing an additional 414 shares in the last quarter. Kapitalo Investimentos Ltda acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth approximately $150,000. Finally, Nomura Holdings Inc. acquired during the fourth quarter, a new stake in shares of Wyndham Hotels & Resorts worth approximately $329,000. Institutional investors and hedge funds own 93.46% of the company’s shares.

Company profile of Wyndham Hotels & Resorts

(Get a free report)

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through the 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.

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Analyst recommendations for Wyndham Hotels & Resorts (NYSE:WH)



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