Wyndham Hotels & Resorts (NYSE:WH) Stock Has Consensus Target Price of $94.67 According to Analysts

Shares of Wyndham Hotels & Resorts (NYSE:WH) have earned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $94.67.

Several research analysts have recently weighed in on the stock. Stifel Nicolaus increased their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. JPMorgan Chase & Co. decreased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 21st. Robert W. Baird reduced their price objective on shares of Wyndham Hotels & Resorts from $96.00 to $95.00 and set an “outperform” rating for the company in a research note on Friday, October 23rd. Wells Fargo & Company raised their price target on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. Finally, Mizuho set a $95.00 price objective on Wyndham Hotels & Resorts in a report on Friday, October 23rd.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CEO Geoffrey Ballotti sold 19,295 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $73.69, for a total transaction of $1,421,848.55. Following the completion of the sale, the chief executive officer owned 550,457 shares in the company, valued at $40,563,176.33. The trade was a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently added to or reduced their stakes in the stock. Aberdeen Group plc boosted its holdings in shares of Wyndham Hotels & Resorts by 20.9% during the third quarter. Aberdeen Group plc now owns 277,366 shares of the company’s stock valued at $19,926,000 after acquiring an additional 47,866 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Wyndham Hotels & Resorts by 11.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 178,098 shares of the company’s stock worth $12,796,000 after acquiring an additional 18,479 shares during the last quarter. Maryland State Retirement & Pension System lifted its position in Wyndham Hotels & Resorts by 26.4% during the third quarter. Maryland State Retirement & Pension System now owns 4,475 shares of the company’s stock worth $321,000 after buying an additional 936 shares in the last quarter. Jefferies Financial Group Inc. raised its position in Wyndham Hotels & Resorts by 986.2% in the third quarter. Jefferies Financial Group Inc. now owns 91,139 shares of the company’s stock worth $6,547,000 after acquiring an additional 82,748 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in Wyndham Hotels & Resorts during the third quarter worth about $361,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $77.37 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 5.69. The company has a market capitalization of $5.64 billion, a PE ratio of 28.76, a P/E/G ratio of 1.85 and a beta of 0.64. Wyndham Hotels & Resorts has a 12-month low of $66.87 and a 12-month high of $90.35. The business’s fifty day moving average price is $72.68 and its 200 day moving average price is $77.83.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, October 21st. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.11. The company had revenue of $410.00 million during the quarter, compared to the consensus estimate of $408.99 million. Wyndham Hotels & Resorts had a return on equity of 77.43% and a net margin of 13.97%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned $1.46 EPS. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.88 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 63.94%.

Wyndham Hotels & Resorts announced that its Board of Directors has authorized a stock repurchase program on Tuesday, September 29th that allows the company to buy back $400 million in outstanding shares. This repurchase authorization allows the company to buy up to 7.6% of its shares through open market purchases. Share repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc is a global hotel franchising company that operates an asset-light lodging business. Rather than owning and managing most of its hotels, the company licenses its brands and provides franchisees with support in areas such as marketing, reservations, technology, training and operational standards.

Its portfolio includes a range of economy, midscale and upscale hotel brands, including Super 8, Days Inn, Ramada, La Quinta, Microtel, Baymont, Wingate, AmericInn, Wyndham, Wyndham Garden, Registry Collection Hotels and ECHO Suites Extended Stay by Wyndham.