Wyndham Hotels & Resorts Inc (NYSE:WH) – SunTrust Banks dropped their Q4 2019 earnings per share (EPS) estimates for Wyndham Hotels & Resorts in a research report issued to clients and investors on Wednesday, October 30th. SunTrust Banks analyst P. Scholes now expects that the company will earn $0.82 per share for the quarter, down from their previous forecast of $0.83.
A number of other equities research analysts also recently issued reports on WH. Stifel Nicolaus set a $65.00 price target on shares of Wyndham Hotels & Resorts and gave the company a “buy” rating in a research report on Friday, August 16th. TheStreet upgraded shares of Wyndham Hotels & Resorts from a “d+” rating to a “c-” rating in a research report on Monday, August 26th. ValuEngine downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Friday, October 4th. JPMorgan Chase & Co. reduced their price target on shares of Wyndham Hotels & Resorts from $64.00 to $61.00 and set an “overweight” rating for the company in a research report on Friday, September 6th. Finally, Robert W. Baird assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, August 21st. They set an “outperform” rating and a $62.00 price target for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the stock. Wyndham Hotels & Resorts currently has an average rating of “Buy” and an average price target of $65.38.
WH stock opened at $54.89 on Monday. The firm has a 50 day moving average of $51.77 and a 200-day moving average of $54.35. Wyndham Hotels & Resorts has a 12-month low of $43.03 and a 12-month high of $61.49. The company has a current ratio of 1.14, a quick ratio of 1.24 and a debt-to-equity ratio of 1.70. The company has a market cap of $5.14 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 1.49 and a beta of 1.09.
Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $1.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.10. Wyndham Hotels & Resorts had a return on equity of 22.24% and a net margin of 6.47%. The company had revenue of $560.00 million for the quarter, compared to analyst estimates of $576.90 million. During the same quarter in the previous year, the company earned $0.85 EPS. The firm’s revenue for the quarter was down 7.3% compared to the same quarter last year.
In related news, CFO David B. Wyshner acquired 2,000 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The stock was purchased at an average cost of $50.37 per share, for a total transaction of $100,740.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ronald L. Nelson acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The shares were bought at an average price of $49.95 per share, with a total value of $499,500.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 22,000 shares of company stock valued at $1,102,840. Insiders own 1.90% of the company’s stock.
Several institutional investors have recently modified their holdings of WH. Coronation Fund Managers Ltd. raised its stake in shares of Wyndham Hotels & Resorts by 2.1% in the 3rd quarter. Coronation Fund Managers Ltd. now owns 131,344 shares of the company’s stock valued at $6,796,000 after purchasing an additional 2,661 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Wyndham Hotels & Resorts by 10.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 196,719 shares of the company’s stock valued at $10,177,000 after purchasing an additional 18,025 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Wyndham Hotels & Resorts by 6.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 64,870 shares of the company’s stock valued at $3,357,000 after purchasing an additional 4,024 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of Wyndham Hotels & Resorts by 16.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 5,927 shares of the company’s stock valued at $307,000 after purchasing an additional 852 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in shares of Wyndham Hotels & Resorts by 9.1% in the 3rd quarter. California Public Employees Retirement System now owns 178,192 shares of the company’s stock valued at $9,220,000 after purchasing an additional 14,900 shares in the last quarter. Hedge funds and other institutional investors own 91.94% of the company’s stock.
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.