Wyndham Hotels & Resorts (NYSE:WH) Stock Rating Upgraded by StockNews.com

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Friday.

Other equities research analysts have also issued reports about the company. The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They set a “buy” rating and a $96.00 price target for the company. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Barclays upped their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Finally, Stifel Nicolaus lifted their price target on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $95.00.

Wyndham Hotels & Resorts Trading Down 0.7 %

Shares of WH stock opened at $88.32 on Friday. The company has a market cap of $6.87 billion, a PE ratio of 28.04, a price-to-earnings-growth ratio of 2.69 and a beta of 1.33. Wyndham Hotels & Resorts has a 1 year low of $67.67 and a 1 year high of $91.93. The stock’s 50 day simple moving average is $80.08 and its two-hundred day simple moving average is $75.32. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The company had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. During the same quarter in the prior year, the firm posted $1.31 EPS. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% compared to the same quarter last year. Research analysts predict that Wyndham Hotels & Resorts will post 4.28 earnings per share for the current year.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the sale, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now directly owns 366,371 shares in the company, valued at approximately $33,343,424.71. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 100,040 shares of company stock worth $9,022,056 over the last quarter. Insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its stake in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after acquiring an additional 207 shares in the last quarter. Concord Wealth Partners increased its position in shares of Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares in the last quarter. Blue Trust Inc. raised its stake in Wyndham Hotels & Resorts by 1,245.1% in the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares during the last quarter. Family Firm Inc. purchased a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at $67,000. Finally, International Assets Investment Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth $70,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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