Wyndham Hotels & Resorts (NYSE:WH) Research Coverage Started at Freedom Broker
by Renee Jackson · The Cerbat GemFreedom Broker began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) in a research report report published on Wednesday, Marketbeat reports. The firm issued a buy rating and a $88.00 price target on the stock.
Several other analysts have also commented on WH. Truist Financial lowered their price target on shares of Wyndham Hotels & Resorts from $107.00 to $104.00 and set a “buy” rating on the stock in a research report on Thursday, September 10th. The Goldman Sachs Group restated a “neutral” rating and set a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Wells Fargo & Company upped their target price on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. reduced their target price on Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Finally, Barclays lowered their target price on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating on the stock in a report on Monday, July 20th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $95.08.
Get Our Latest Stock Report on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Price Performance
Wyndham Hotels & Resorts stock opened at $75.58 on Wednesday. Wyndham Hotels & Resorts has a 52 week low of $66.87 and a 52 week high of $90.35. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53. The firm’s 50-day simple moving average is $72.06 and its 200 day simple moving average is $77.99. The firm has a market capitalization of $5.61 billion, a PE ratio of 27.79, a P/E/G ratio of 1.95 and a beta of 0.67.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. The firm had revenue of $375.00 million for the quarter, compared to analysts’ expectations of $400.75 million. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The firm’s revenue was down 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, equities research analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.
Wyndham Hotels & Resorts declared that its board has initiated a share buyback plan on Tuesday, September 29th that permits the company to buy back $400.00 million in shares. This repurchase authorization permits the company to reacquire up to 7.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is 63.24%.
Insider Activity
In other Wyndham Hotels & Resorts news, CEO Geoffrey Ballotti sold 19,414 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the sale, the chief executive officer directly owned 549,323 shares of the company’s stock, valued at $39,941,275.33. This trade represents a 3.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Wyndham Hotels & Resorts
Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Wyndham Hotels & Resorts during the second quarter worth approximately $623,573,000. T. Rowe Price Investment Management Inc. raised its holdings in Wyndham Hotels & Resorts by 12.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock valued at $392,024,000 after acquiring an additional 583,967 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Wyndham Hotels & Resorts by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,371,183 shares of the company’s stock valued at $111,379,000 after acquiring an additional 29,422 shares during the last quarter. Findlay Park Partners LLP acquired a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at $100,648,000. Finally, Deprince Race & Zollo Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 229.3% during the 1st quarter. Deprince Race & Zollo Inc. now owns 957,559 shares of the company’s stock worth $77,783,000 after purchasing an additional 666,746 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc is a global hotel franchising company that provides lodging brands, operating support and related services to hotel owners and operators. Rather than owning and managing most of its properties directly, the company primarily operates an asset-light franchise model in which independent hotel owners use Wyndham’s brands, reservation systems, marketing programs, technology and operational resources.
The company’s portfolio spans economy and midscale lodging, as well as select upscale and extended-stay concepts.
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