The stock of Wyndham Hotels & Resorts Inc. (NYSE:WH) last traded at $73.82, up 3.40% from the previous session.
Data from the available sources indicates that Wyndham Hotels & Resorts Inc. (NYSE:WH) is covered by 13 analysts. The consensus rating among analysts is ‘Buy’. WH stock price is now 7.50% away from the 50-day moving average and 4.77% away from the 200-day moving average. The market capitalization of the company currently stands at $6.27B.
In total, 1 analysts have assigned it a hold rating, and 9 have given it a buy rating.
With the price target of $79, Deutsche Bank recently initiated with Buy rating for Wyndham Hotels & Resorts Inc. (NYSE: WH).
In other news, Rossi Nicola, Chief Accounting Officer sold 8,000 shares of the company’s stock on Jun 06. The stock was sold for $589,760 at an average price of $73.72. Upon completion of the transaction, the Chief Accounting Officer now directly owns 5,741 shares in the company, valued at $0.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 08, Chief Marketing Officer CHECCHIO LISA sold 6,000 shares of the business’s stock. A total of $461,407 was realized by selling the stock at an average price of $76.90. This leaves the insider owning 13,692 shares of the company worth $1.01 million. Insiders disposed of 113,377 shares of company stock worth roughly $8.37 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 GRS ADVISORS, LLC during the first quarter worth $25,822,000. LIGHTHOUSE INVESTMENT PARTNERS, LLC invested $14,764,000 in shares of WH during the first quarter. In the first quarter, PAYDEN & RYGEL acquired a new stake in Wyndham Hotels & Resorts Inc. valued at approximately $13,531,000. HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND acquired a new stake in WH for approximately $6,791,000. ING GROEP NV purchased a new stake in WH valued at around $5,353,000 in the second quarter. In total, there are 544 active investors with 94.80% ownership of the company’s stock.
With an opening price of $72.40 on Tuesday 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 $81.00. As of last week, the company has a debt-to-equity ratio of 2.22, a current ratio of 1.30, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $8.27B, which is based on a 20.93 price-to-earnings ratio, a 2.30 price-to-earnings-growth ratio, and a beta of 1.37. The fifty day moving average price for WH is $68.81 and a two-hundred day moving average price translates $70.51 for the stock.
The latest earnings results from Wyndham Hotels & Resorts Inc. (NYSE: WH) was released for Mar, 2023. According to the Lodging Company, earnings per share came in at $0.86, beating analysts’ expectations of $0.8 by 0.06. This compares to $1.14 EPS in the same period last year. The net profit margin was 21.90% and return on equity was 31.20% for WH. The company reported revenue of $313.0 million for the quarter, compared to $371.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -15.63 percent. For the current quarter, analysts expect WH to generate $365.58M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/28/2023. Investors who held shares on 06/14/2023 were paid a $0.35 dividend. On an annualized basis, this represents a $1.40 dividend and a 1.90% percent yield. There was an ex-dividend date of 06/13/2023 for this dividend. In terms of dividend payout ratio, WH is presently at 36.90%.
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 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, Trademark Collection, TRYP, Wyndham, Wyndham Grand, Dazzler, Esplendor, Dolce, Vienna House, and Registry Collection. It operates a hotel portfolio of 24 hotel brands with affiliated hotels located in approximately 95 countries. The company was incorporated in 2017 and is headquartered in Parsippany, New Jersey.
