Wyndham Hotels & Resorts (NYSE:WH) Coverage Initiated at Mizuho

Research analysts at Mizuho began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued on Wednesday, Marketbeat Ratings reports. The firm set a “neutral” rating and a $71.00 price target on the stock. Mizuho’s target price would indicate a potential downside of 1.84% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Robert W. Baird cut their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating on the stock in a report on Tuesday, October 28th. Wall Street Zen downgraded Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Saturday, November 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Monday. Stifel Nicolaus dropped their target price on Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Finally, Zacks Research downgraded Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Nine research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.63.

Wyndham Hotels & Resorts Trading Down 2.1%

WH opened at $72.33 on Wednesday. The stock has a market cap of $5.46 billion, a PE ratio of 16.63, a PEG ratio of 1.93 and a beta of 0.77. The business has a 50 day moving average of $75.37 and a 200-day moving average of $81.71. Wyndham Hotels & Resorts has a 52 week low of $69.21 and a 52 week high of $113.07. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.42 by $0.04. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The business had revenue of $382.00 million during the quarter, compared to analyst estimates of $406.29 million. During the same quarter last year, the firm posted $1.39 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Equities research analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, General Counsel Paul F. Cash sold 36,379 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the transaction, the general counsel directly owned 39,123 shares of the company’s stock, valued at $2,803,554.18. The trade was a 48.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.46% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently modified their holdings of WH. EverSource Wealth Advisors LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares during the last quarter. Elequin Capital LP purchased a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at approximately $29,000. Hantz Financial Services Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 5,950.0% in the second quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock valued at $29,000 after purchasing an additional 357 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after buying an additional 124 shares in the last quarter. Finally, Cornerstone Planning Group LLC acquired a new position in Wyndham Hotels & Resorts during the third quarter worth $36,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.