Stifel Nicolaus Increases Wyndham Hotels & Resorts (NYSE:WH) Price Target to $92.00

Wyndham Hotels & Resorts (NYSE:WH) had its target price increased by equities researchers at Stifel Nicolaus from $91.00 to $92.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 3.30% from the stock’s current price.

A number of other equities research analysts have also weighed in on WH. Truist Financial cut their price objective on Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. Robert W. Baird set a $92.00 price objective on Wyndham Hotels & Resorts in a research report on Thursday, October 17th. The Goldman Sachs Group initiated coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective on the stock. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Barclays lifted their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $91.57.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH traded up $7.64 on Thursday, hitting $89.06. The company’s stock had a trading volume of 913,133 shares, compared to its average volume of 743,164. The company has a 50-day simple moving average of $78.68 and a 200 day simple moving average of $74.75. Wyndham Hotels & Resorts has a 1 year low of $67.67 and a 1 year high of $89.27. The company has a market capitalization of $7.03 billion, a PE ratio of 29.06, a PEG ratio of 3.00 and a beta of 1.33. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.10. The business had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. Wyndham Hotels & Resorts’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.93 EPS. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.26 EPS for the current fiscal year.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in Wyndham Hotels & Resorts by 80.9% in the second 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. lifted its holdings in Wyndham Hotels & Resorts by 1,245.1% in the second 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. bought a new position in Wyndham Hotels & Resorts in the second quarter valued at about $67,000. International Assets Investment Management LLC bought a new position in Wyndham Hotels & Resorts in the second quarter valued at about $70,000. Finally, Concord Wealth Partners lifted its holdings in Wyndham Hotels & Resorts by 70.8% in the first 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. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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.