JPMorgan Chase & Co. Cuts Wyndham Hotels & Resorts (NYSE:WH) Price Target to $97.00

Wyndham Hotels & Resorts (NYSE:WH) had its price target reduced by investment analysts at JPMorgan Chase & Co. from $100.00 to $97.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 27.59% from the company’s current price.

A number of other equities analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Barclays dropped their price objective on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating on the stock in a report on Monday. Wells Fargo & Company upped their price objective on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, July 8th. Finally, Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a research note on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus target price of $97.64.

Wyndham Hotels & Resorts Trading Down 0.7%

Shares of NYSE:WH traded down $0.55 during midday trading on Tuesday, reaching $76.03. The company had a trading volume of 206,802 shares, compared to its average volume of 1,335,513. The company has a fifty day simple moving average of $80.99 and a two-hundred day simple moving average of $80.46. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 30.59, a price-to-earnings-growth ratio of 2.06 and a beta of 0.62. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $92.68. The company has a debt-to-equity ratio of 5.88, a quick ratio of 0.98 and a current ratio of 0.98.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. The company had revenue of $327.00 million during the quarter, compared to analyst estimates of $321.97 million. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.86 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Research analysts predict that Wyndham Hotels & Resorts will post 4.84 earnings per share for the current year.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 18,516 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $80.79, for a total value of $1,495,907.64. Following the sale, the chief executive officer directly owned 548,308 shares in the company, valued at $44,297,803.32. This trade represents a 3.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at $219,462,000. Bank of Montreal Can boosted its position in Wyndham Hotels & Resorts by 14,200.0% in the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock valued at $193,648,000 after buying an additional 2,544,921 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in Wyndham Hotels & Resorts by 191.9% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,109,034 shares of the company’s stock worth $159,359,000 after buying an additional 1,386,569 shares during the last quarter. Morgan Stanley raised its stake in shares of Wyndham Hotels & Resorts by 49.0% in the fourth quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock valued at $217,044,000 after acquiring an additional 944,562 shares during the last quarter. Finally, Brooklands Fund Management Ltd acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $56,027,000. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Company Profile

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.