close
close
Skip to main content
Camilla Care

Barclays Trims Wyndham Hotels & Resorts (NYSE:WH) Target Price to $87.00

Vaseline 1 month ago


Wyndham Hotels & Resorts (NYSE:WH – Get a Free Report) Equity research at Barclays had its price target lowered from $90.00 to $87.00 in a research report issued on Friday, Benzinga reports. The company currently has an ‘overweight’ rating on the stock. Barclays’ price target suggests a potential upside of 24.43% from the company’s previous closing price.

A number of other brokers also recently weighed in on WH. StockNews.com initiated coverage of Wyndham Hotels & Resorts in a research note on Friday. They gave the stock a ‘hold’ rating. Robert W. Baird lowered his price target on shares of Wyndham Hotels & Resorts from $87.00 to $86.00 and gave the stock an “outperform” rating in a report on Friday. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $88.00.

Check out our latest research report on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Price Performance

WH shares opened at $69.92 on Friday. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 20.56, a price-to-earnings growth ratio of 3.16, and a beta of 1.35. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81. Wyndham Hotels & Resorts has a 52-week low of $63.69 and a 52-week high of $81.73. The company has a 50-day simple moving average of $76.06 and a two-hundred-day simple moving average of $76.60.

Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its quarterly results on Wednesday, February 14. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The company had revenue of $321.00 million during the quarter, compared to the consensus estimate of $321.35 million. During the same quarter of the previous year, the company earned earnings per share of $0.72. The company’s quarterly revenue fell 3.9% year over year. Research analysts expect Wyndham Hotels & Resorts to post 4.22 earnings per share for the current fiscal 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 on Tuesday, March 12. The shares sold at an average price of $79.00, for a total transaction of $252,800.00. Following the sale, the Chief Accounting Officer now owns 11,404 shares of the company’s stock, valued at approximately $900,916. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.79% of the company’s shares.

Institutional inflow and outflow

A number of hedge funds have recently made changes to their positions in the company. State of Michigan Retirement System grew 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 valued at $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 valued at $8,029,000 after purchasing an additional 15,599 shares in the last quarter. Benson Investment Management Company Inc. grew its position in shares of Wyndham Hotels & Resorts by 0.7% during the first quarter. Benson Investment Management Company Inc. now owns 57,684 shares of the company, valued at $4,427,000, after purchasing an additional 414 shares in the last quarter. Kapitalo Investimentos Ltda bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $150,000. Finally, Nomura Holdings Inc. purchased a new position in shares of Wyndham Hotels & Resorts worth $329,000 in the fourth quarter. 93.46% of the shares are currently owned by hedge funds and other institutional investors.

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.

Also see

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



Get daily news and reviews for Wyndham Hotels & Resorts – Enter your email address below to receive a daily summary of the latest news and analyst ratings for Wyndham Hotels & Resorts and associated companies with MarketBeat.com’s FREE daily email newsletter.