Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $115.00 at Robert W. Baird

Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its target price boosted by Robert W. Baird from $108.00 to $115.00 in a research note issued to investors on Tuesday morning,Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

Several other equities research analysts have also recently weighed in on the company. Jefferies Financial Group increased their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, January 2nd. Truist Financial increased their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Oppenheimer increased their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. increased their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an "overweight" rating in a research note on Friday, December 13th. Finally, StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and a consensus price target of $113.80.

Wyndham Hotels & Resorts Trading Down 2.7 %

Wyndham Hotels & Resorts stock traded down $2.97 during trading hours on Tuesday, hitting $108.94. The stock had a trading volume of 1,095,842 shares, compared to its average volume of 775,528. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock has a market cap of $8.47 billion, a price-to-earnings ratio of 30.01, a P/E/G ratio of 1.87 and a beta of 1.29. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $113.07. The business's 50 day simple moving average is $104.09 and its 200-day simple moving average is $91.74.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. On average, equities analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently modified their holdings of WH. Bessemer Group Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 24,953.8% during the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after acquiring an additional 1,328,292 shares in the last quarter. Norges Bank bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $104,774,000. JPMorgan Chase & Co. increased its holdings in shares of Wyndham Hotels & Resorts by 404.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company's stock valued at $122,261,000 after acquiring an additional 972,708 shares in the last quarter. Freestone Grove Partners LP bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $54,738,000. Finally, Thrivent Financial for Lutherans increased its holdings in shares of Wyndham Hotels & Resorts by 40.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company's stock valued at $136,533,000 after acquiring an additional 506,593 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.