Wyndham Hotels & Resorts (NYSE:WH) PT Lowered to $103.00

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) had its target price dropped by equities research analysts at Truist Financial from $104.00 to $103.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. Truist Financial's target price points to a potential upside of 26.60% from the company's current price.

A number of other research firms have also recently issued reports on WH. StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Thursday, September 19th. Susquehanna began coverage on shares of Wyndham Hotels & Resorts in a report on Friday, June 21st. They issued a "neutral" rating and a $80.00 price target on the stock. The Goldman Sachs Group began 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 on the stock. Barclays increased their price target on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an "overweight" rating in a research report on Friday, July 26th. Finally, Stifel Nicolaus decreased their price objective on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a "buy" rating on the stock in a report on Thursday, July 25th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $90.13.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH traded down $0.41 during midday trading on Monday, reaching $81.36. The stock had a trading volume of 906,375 shares, compared to its average volume of 733,653. The stock has a market capitalization of $6.56 billion, a P/E ratio of 28.85, a PEG ratio of 2.76 and a beta of 1.33. Wyndham Hotels & Resorts has a 1-year low of $67.67 and a 1-year high of $82.17. 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's fifty day simple moving average is $77.46 and its 200-day simple moving average is $74.36.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The firm had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. During the same quarter last year, the firm posted $0.93 EPS. The company's revenue was up 1.4% on a year-over-year basis. On average, equities research analysts forecast that Wyndham Hotels & Resorts will post 4.27 EPS for the current fiscal year.

Insider Buying and Selling

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

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 7.5% in the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company's stock valued at $637,875,000 after acquiring an additional 581,909 shares during the last quarter. Capital Research Global Investors increased its position in shares of Wyndham Hotels & Resorts by 0.3% during the 1st quarter. Capital Research Global Investors now owns 7,192,076 shares of the company's stock worth $551,992,000 after purchasing an additional 23,549 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Wyndham Hotels & Resorts by 10.9% during the 4th quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company's stock worth $445,881,000 after purchasing an additional 543,488 shares in the last quarter. Boston Partners boosted its holdings in shares of Wyndham Hotels & Resorts by 15.4% in the 1st quarter. Boston Partners now owns 3,227,106 shares of the company's stock valued at $247,646,000 after buying an additional 430,053 shares during the last quarter. Finally, Burgundy Asset Management Ltd. grew its stake in shares of Wyndham Hotels & Resorts by 70.9% in the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company's stock valued at $163,589,000 after buying an additional 916,742 shares in the last quarter. 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.