Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) had its price target dropped by research analysts at Truist Financial from $122.00 to $119.00 in a report released on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Truist Financial's price objective points to a potential upside of 29.00% from the company's current price.
Other equities research analysts have also recently issued research reports about the company. Susquehanna increased their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. upped their target price on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an "overweight" rating in a report on Friday, December 13th. The Goldman Sachs Group lifted their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Morgan Stanley boosted their price target on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Finally, Robert W. Baird raised their price objective on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $116.08.
View Our Latest Report on WH
Wyndham Hotels & Resorts Price Performance
WH traded down $0.38 on Friday, hitting $92.25. 1,292,993 shares of the company's stock were exchanged, compared to its average volume of 788,824. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 1.87 and a beta of 1.28. The firm has a 50-day moving average price of $102.57 and a 200-day moving average price of $95.30. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. As a group, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.
Institutional Trading of Wyndham Hotels & Resorts
Several institutional investors have recently added to or reduced their stakes in WH. Wealth Enhancement Advisory Services LLC boosted its position in shares of Wyndham Hotels & Resorts by 4.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,326 shares of the company's stock worth $638,000 after buying an additional 288 shares during the period. Forum Financial Management LP acquired a new position in Wyndham Hotels & Resorts during the 4th quarter worth about $232,000. Public Employees Retirement System of Ohio boosted its holdings in Wyndham Hotels & Resorts by 71.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 49,616 shares of the company's stock valued at $5,001,000 after acquiring an additional 20,670 shares during the period. Burgundy Asset Management Ltd. grew its position in Wyndham Hotels & Resorts by 1.7% in the 4th quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company's stock valued at $231,947,000 after acquiring an additional 37,832 shares in the last quarter. Finally, Castleark Management LLC purchased a new stake in Wyndham Hotels & Resorts during the fourth quarter worth about $6,556,000. Institutional investors and hedge funds own 93.46% of the company's stock.
Wyndham Hotels & Resorts Company Profile
(
Get Free Report)
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.
See Also
Before you consider Wyndham Hotels & Resorts, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wyndham Hotels & Resorts wasn't on the list.
While Wyndham Hotels & Resorts currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
