Oppenheimer Issues Positive Forecast for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH) had its price objective lifted by stock analysts at Oppenheimer from $90.00 to $115.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s target price would suggest a potential upside of 18.18% from the company’s current price.

Several other equities research analysts also recently commented on the company. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Robert W. Baird increased their price target on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Barclays boosted their price objective 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. Stifel Nicolaus raised their target price 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. Finally, The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a “buy” rating and a $96.00 price target for the company. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $97.86.

Wyndham Hotels & Resorts Stock Up 0.2 %

NYSE WH traded up $0.19 during trading on Tuesday, hitting $97.31. The stock had a trading volume of 67,454 shares, compared to its average volume of 752,290. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $98.63. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The company’s 50-day moving average price is $82.45 and its two-hundred day moving average price is $76.54. The company has a market capitalization of $7.57 billion, a PE ratio of 31.03, a P/E/G ratio of 2.39 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same quarter last year, the firm earned $1.31 earnings per share. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Insider Buying and Selling

In related news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the transaction, the director now directly owns 366,371 shares in the company, valued at approximately $33,343,424.71. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts 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 transaction, the director now directly owns 366,371 shares of the company’s stock, valued at $33,343,424.71. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Michele Allen sold 15,000 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the transaction, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 102,890 shares of company stock valued at $9,273,255. Insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 2.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock valued at $443,000 after purchasing an additional 147 shares in the last quarter. PFG Investments LLC grew its stake in shares of Wyndham Hotels & Resorts by 4.4% during the second quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock worth $271,000 after buying an additional 155 shares during the last quarter. Equitable Trust Co. increased its holdings in shares of Wyndham Hotels & Resorts by 1.9% during the third quarter. Equitable Trust Co. now owns 9,160 shares of the company’s stock worth $716,000 after buying an additional 174 shares in the last quarter. State of Alaska Department of Revenue lifted its stake in shares of Wyndham Hotels & Resorts by 1.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 9,176 shares of the company’s stock valued at $717,000 after acquiring an additional 175 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 76.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after acquiring an additional 203 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.