StockNews.com Downgrades Wyndham Hotels & Resorts (NYSE:WH) to Sell

Wyndham Hotels & Resorts (NYSE:WH) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Monday.

Several other analysts have also recently issued reports on WH. Truist Financial reduced their price target on shares of Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating on the stock in a research report on Monday. The Goldman Sachs Group started coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price on the stock. Stifel Nicolaus dropped their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Barclays increased their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Finally, Susquehanna initiated coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $90.13.

Wyndham Hotels & Resorts Trading Down 0.5 %

Shares of WH traded down $0.41 during trading on Monday, reaching $81.36. 906,375 shares of the company traded hands, compared to its average volume of 733,653. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $82.17. The stock has a market cap of $6.56 billion, a PE ratio of 28.85, a price-to-earnings-growth ratio of 2.76 and a beta of 1.33. The stock has a 50-day simple moving average of $77.46 and a 200-day simple moving average of $74.36. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The business had revenue of $367.00 million during the quarter, compared to analysts’ expectations of $370.58 million. During the same period last year, the business earned $0.93 earnings per share. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. On average, analysts anticipate that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current year.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the company’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. 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 available at this hyperlink. In other news, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the sale, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at approximately $315,006.90. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,640 shares of company stock valued at $974,351. 2.79% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC increased its position in Wyndham Hotels & Resorts by 80.9% in the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after acquiring an additional 207 shares during the period. Blue Trust Inc. increased its position in Wyndham Hotels & Resorts by 1,245.1% in the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after acquiring an additional 635 shares during the period. Family Firm Inc. acquired a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at about $67,000. International Assets Investment Management LLC acquired a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at about $70,000. Finally, Concord Wealth Partners increased its position in Wyndham Hotels & Resorts by 70.8% in the 1st quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock valued at $79,000 after acquiring an additional 424 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

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.