The stock of Wyndham Hotels & Resorts Inc. (NYSE:WH) last traded at $69.42, down -1.27% from the previous session.
Data from the available sources indicates that Wyndham Hotels & Resorts Inc. (NYSE:WH) is covered by 11 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $100.00 and a low of $81.50, we find $88.00. Given the previous closing price of $70.31, this indicates a potential upside of 25.16 percent. WH stock price is now -3.48% away from the 50-day moving average and -4.89% away from the 200-day moving average. The market capitalization of the company currently stands at $6.04B.
In total, 1 analysts have assigned it a hold rating, and 7 have given it a buy rating. Brokers who have rated the stock have averaged $88.06 as their price target over the next twelve months.
With the price target enhanced from $80 to $88, Barclays Upgraded its rating from Equal Weight to Overweight for Wyndham Hotels & Resorts Inc. (NYSE: WH). On December 05, 2022, Morgan Stanley recently initiated its ‘Overweight’ rating on the stock quoting a target price of $87, while ‘Redburn’ rates the stock as ‘Neutral’.
In other news, ALLEN MICHELE, Chief Financial Officer sold 14,940 shares of the company’s stock on Dec 06. The stock was sold for $1,065,820 at an average price of $71.34. Upon completion of the transaction, the Chief Financial Officer now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22, General Counsel & Corp. Secy. Cash Paul F sold 8,137 shares of the business’s stock. A total of $605,260 was realized by selling the stock at an average price of $74.38. This leaves the insider owning 5,034 shares of the company worth $0.35 million. Insiders disposed of 126,443 shares of company stock worth roughly $8.78 million over the past 1 year. A total of 1.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in WH stock. A new stake in Wyndham Hotels & Resorts Inc. shares was purchased by T. ROWE PRICE INVESTMENT MANAGEMENT, INC. during the first quarter worth $62,674,000. MARSHALL WACE, LLP invested $7,735,000 in shares of WH during the first quarter. In the first quarter, HILL WINDS CAPITAL LP acquired a new stake in Wyndham Hotels & Resorts Inc. valued at approximately $6,942,000. RHEOS CAPITAL WORKS INC. acquired a new stake in WH for approximately $6,525,000. SCHONFELD STRATEGIC ADVISORS LLC purchased a new stake in WH valued at around $4,799,000 in the second quarter. In total, there are 548 active investors with 94.80% ownership of the company’s stock.
With an opening price of $70.21 on Wednesday morning, Wyndham Hotels & Resorts Inc. (NYSE: WH) set off the trading day. During the past 12 months, Wyndham Hotels & Resorts Inc. has had a low of $58.81 and a high of $93.86. As of last week, the company has a debt-to-equity ratio of 1.97, a current ratio of 1.60, and a quick ratio of 1.60. The fifty day moving average price for WH is $71.92 and a two-hundred day moving average price translates $72.99 for the stock.
The latest earnings results from Wyndham Hotels & Resorts Inc. (NYSE: WH) was released for Sep, 2022. According to the Lodging Company, earnings per share came in at $1.21, beating analysts’ expectations of $1.04 by 0.17. This compares to $1.09 EPS in the same period last year. The net profit margin was 22.40% and return on equity was 31.60% for WH. The company reported revenue of $407.0 million for the quarter, compared to $463.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.1 percent. For the current quarter, analysts expect WH to generate $324.34M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/28/2022. Investors who held shares on 12/14/2022 were paid a $0.32 dividend. On an annualized basis, this represents a $1.28 dividend and a 1.84% percent yield. There was an ex-dividend date of 12/13/2022 for this dividend. In terms of dividend payout ratio, WH is presently at 33.60%.
Wyndham Hotels & Resorts Inc.(WH) Company Profile
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. It is also involved in the reward loyalty program business. The company’s hotel brand portfolios include Super 8, Days Inn, Travelodge, Microtel, Howard Johnson, La Quinta, Ramada, Baymont, AmericInn, Wingate, Wyndham Alltra, Wyndham Garden, Ramada Encore, Hawthorn, Registry Collection, Trademark Collection, TRYP, Dazzler, Esplendor, Wyndham Grand, Dolce, and Wyndham. As of August 9, 2022, it operated a portfolio of 22 hotel brands with approximately 9,000 hotels with approximately 8,19,000 rooms in approximately 95 countries. The company was incorporated in 2017 and is headquartered in Parsippany, New Jersey.