Wyndham Hotels & Resorts (NYSE:WH) Reaches New 12-Month High - Should You Buy?

Wyndham Hotels & Resorts, Inc. (NYSE:WH - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $83.38 and last traded at $83.38, with a volume of 23137 shares changing hands. The stock had previously closed at $82.69.

Wall Street Analyst Weigh In

A number of research firms have issued reports on WH. Stifel Nicolaus decreased their target price on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a "buy" rating for the company in a research report on Thursday, July 25th. StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Tuesday. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a "buy" rating and a $96.00 target price for the company. Robert W. Baird set a $92.00 price target on shares of Wyndham Hotels & Resorts in a research report on Thursday, October 17th. Finally, Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an "overweight" rating in a report on Friday, July 26th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $90.63.

Wyndham Hotels & Resorts Stock Down 2.4 %

The company has a market cap of $6.56 billion, a PE ratio of 28.80, a P/E/G ratio of 2.87 and a beta of 1.33. The stock has a 50-day moving average of $78.53 and a 200-day moving average of $74.71. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83.

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

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.87%. The ex-dividend date was Friday, September 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 53.90%.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the completion of the sale, the chief accounting officer now directly owns 4,107 shares in the company, valued at $315,006.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the business's stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now owns 10,606 shares of the company's stock, valued at approximately $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,640 shares of company stock worth $974,351 in the last 90 days. 2.79% of the stock is owned by company insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently modified their holdings of WH. PFG Investments LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 4.4% during the 2nd quarter. PFG Investments LLC now owns 3,667 shares of the company's stock valued at $271,000 after buying an additional 155 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company's stock valued at $34,000 after purchasing an additional 207 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 0.9% during the second quarter. Oppenheimer & Co. Inc. now owns 37,401 shares of the company's stock valued at $2,768,000 after purchasing an additional 338 shares during the last quarter. State of Michigan Retirement System boosted its position in shares of Wyndham Hotels & Resorts by 2.0% in the 1st quarter. State of Michigan Retirement System now owns 20,353 shares of the company's stock worth $1,562,000 after purchasing an additional 400 shares in the last quarter. Finally, iA Global Asset Management Inc. grew its stake in shares of Wyndham Hotels & Resorts by 3.1% in the 2nd quarter. iA Global Asset Management Inc. now owns 13,411 shares of the company's stock worth $992,000 after buying an additional 407 shares during the last quarter. Hedge funds and other 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.