Wyndham Hotels & Resorts (NYSE:WH) Issues Earnings Results

Wyndham Hotels & Resorts (NYSE:WH) released its quarterly earnings results on Wednesday. The company reported ($0.80) earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($1.70), FiscalAI reports. The business had revenue of $334.00 million for the quarter, compared to analysts’ expectations of $337.63 million. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.

Wyndham Hotels & Resorts Stock Up 0.2%

Shares of WH traded up $0.15 during midday trading on Wednesday, hitting $80.48. The company had a trading volume of 2,566,835 shares, compared to its average volume of 1,390,612. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $113.07. The firm has a market capitalization of $6.08 billion, a P/E ratio of 18.50, a P/E/G ratio of 2.16 and a beta of 0.76. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16. The company’s 50-day simple moving average is $77.33 and its 200-day simple moving average is $78.88.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 55,124 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $79.27, for a total transaction of $4,369,679.48. Following the completion of the transaction, the chief executive officer owned 490,028 shares in the company, valued at $38,844,519.56. The trade was a 10.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Scott R. Strickland sold 28,134 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $71.11, for a total transaction of $2,000,608.74. Following the completion of the sale, the insider directly owned 40,363 shares in the company, valued at approximately $2,870,212.93. This represents a 41.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 84,227 shares of company stock valued at $6,440,298 in the last quarter. 2.46% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. iSAM Funds UK Ltd acquired a new position in shares of Wyndham Hotels & Resorts during the third quarter worth about $330,000. Coldstream Capital Management Inc. boosted its holdings in Wyndham Hotels & Resorts by 5.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 5,095 shares of the company’s stock valued at $407,000 after purchasing an additional 269 shares in the last quarter. Prelude Capital Management LLC acquired a new position in Wyndham Hotels & Resorts during the 3rd quarter worth approximately $442,000. Federation des caisses Desjardins du Quebec raised its stake in shares of Wyndham Hotels & Resorts by 15.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 6,012 shares of the company’s stock worth $454,000 after buying an additional 797 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Wyndham Hotels & Resorts by 4.2% in the 4th quarter. Captrust Financial Advisors now owns 6,235 shares of the company’s stock valued at $471,000 after buying an additional 251 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Mizuho set a $97.00 price objective on shares of Wyndham Hotels & Resorts and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Wall Street Zen lowered Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Stifel Nicolaus dropped their price objective on Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Susquehanna decreased their target price on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Finally, Barclays lowered their target price on Wyndham Hotels & Resorts from $94.00 to $93.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $92.83.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.