Robert W. Baird Issues Positive Forecast for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH) had its target price boosted by Robert W. Baird from $108.00 to $115.00 in a research note published on Tuesday morning,Benzinga reports. They currently have an outperform rating on the stock.

WH has been the subject of several other research reports. JPMorgan Chase & Co. increased their target price on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Jefferies Financial Group boosted their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. The Goldman Sachs Group raised their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Finally, Oppenheimer boosted their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $112.10.

Wyndham Hotels & Resorts Trading Up 2.0 %

Wyndham Hotels & Resorts stock opened at $111.48 on Tuesday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $112.16. The firm has a market capitalization of $8.67 billion, a price-to-earnings ratio of 35.39, a P/E/G ratio of 2.14 and a beta of 1.29. The firm has a 50 day moving average of $103.66 and a 200 day moving average of $91.20.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. As a group, research analysts predict that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Institutional Trading of Wyndham Hotels & Resorts

A number of large investors have recently made changes to their positions in WH. Stifel Financial Corp increased its stake in Wyndham Hotels & Resorts by 91.9% during the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock worth $2,396,000 after acquiring an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares during the period. Natixis Advisors LLC increased its position in shares of Wyndham Hotels & Resorts by 37.7% during the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after purchasing an additional 9,463 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Wyndham Hotels & Resorts by 15.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company’s stock valued at $5,027,000 after buying an additional 8,389 shares during the period. Finally, Impax Asset Management Group plc raised its holdings in Wyndham Hotels & Resorts by 35.0% during the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after buying an additional 35,000 shares during the period. 93.46% of the stock is currently owned by institutional investors.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.