Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $100.00

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) had its target price boosted by equities researchers at Barclays from $90.00 to $100.00 in a research report issued on Friday, Benzinga reports. The firm currently has an "overweight" rating on the stock. Barclays's target price suggests a potential upside of 10.34% from the stock's previous close.

Several other brokerages have also recently commented on WH. Stifel Nicolaus raised their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a "buy" rating in a research report on Thursday. Robert W. Baird raised their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a research note on Friday. Truist Financial raised their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a report on Friday. StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Tuesday. Finally, The Goldman Sachs Group initiated coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a "buy" rating and a $96.00 target price on the stock. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and an average price target of $94.00.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock traded up $0.61 during trading on Friday, hitting $90.63. The stock had a trading volume of 1,355,767 shares, compared to its average volume of 751,798. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $91.93. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market cap of $7.30 billion, a P/E ratio of 32.31, a PEG ratio of 3.00 and a beta of 1.33. The business has a fifty day moving average of $78.98 and a two-hundred day moving average of $74.86.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.01. The company had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The firm's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.31 EPS. On average, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.26 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Monica Melancon sold 5,040 shares of the company's stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.79% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its position in Wyndham Hotels & Resorts by 17.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 104,609 shares of the company's stock worth $8,029,000 after acquiring an additional 15,599 shares during the last quarter. State of Michigan Retirement System increased its holdings 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. Concord Wealth Partners boosted its position in Wyndham Hotels & Resorts by 70.8% in the first quarter. Concord Wealth Partners now owns 1,023 shares of the company's stock worth $79,000 after purchasing an additional 424 shares during the last quarter. Van ECK Associates Corp purchased a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth $2,292,000. Finally, Retirement Systems of Alabama grew its holdings in Wyndham Hotels & Resorts by 40.1% during the first quarter. Retirement Systems of Alabama now owns 231,671 shares of the company's stock valued at $17,781,000 after purchasing an additional 66,266 shares during the period. 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.