Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH – Get Rating) have earned an average recommendation of “Buy” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $92.00.
Separately, StockNews.com raised Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating in a report on Thursday.
Shares of NYSE WH opened at $66.94 on Friday. The stock has a fifty day simple moving average of $80.42 and a two-hundred day simple moving average of $83.17. Wyndham Hotels & Resorts has a 1-year low of $65.24 and a 1-year high of $93.86. The firm has a market cap of $6.17 billion, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 1.69 and a beta of 1.49. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 1.78.
Wyndham Hotels & Resorts (NYSE:WH – Get Rating) last posted its quarterly earnings results on Tuesday, April 26th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.29. Wyndham Hotels & Resorts had a return on equity of 31.60% and a net margin of 19.91%. The firm had revenue of $371.00 million during the quarter, compared to analyst estimates of $339.16 million. During the same period last year, the company earned $0.36 earnings per share. Analysts forecast that Wyndham Hotels & Resorts will post 3.56 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 29th. Investors of record on Wednesday, June 15th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.91%. The ex-dividend date is Tuesday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio is 36.78%.
In related news, General Counsel Paul F. Cash sold 30,331 shares of Wyndham Hotels & Resorts stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $79.94, for a total transaction of $2,424,660.14. Following the completion of the sale, the general counsel now owns 11,680 shares of the company’s stock, valued at $933,699.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.91% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WH. First Trust Advisors LP purchased a new stake in Wyndham Hotels & Resorts during the first quarter valued at about $534,000. Morgan Stanley increased its holdings in shares of Wyndham Hotels & Resorts by 9.2% in the second quarter. Morgan Stanley now owns 215,433 shares of the company’s stock worth $15,574,000 after buying an additional 18,209 shares during the period. HighTower Advisors LLC increased its holdings in shares of Wyndham Hotels & Resorts by 1.6% in the third quarter. HighTower Advisors LLC now owns 7,815 shares of the company’s stock worth $605,000 after buying an additional 120 shares during the period. Man Group plc increased its holdings in shares of Wyndham Hotels & Resorts by 22.8% in the third quarter. Man Group plc now owns 26,249 shares of the company’s stock worth $2,027,000 after buying an additional 4,866 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Wyndham Hotels & Resorts in the third quarter worth about $2,097,000. Institutional investors and hedge funds own 92.63% of the company’s stock.
About Wyndham Hotels & Resorts (Get Rating)
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. 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. The Hotel Management segment provides hotel management services for full-service and limited-service hotels.
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