Wyndham Hotels & Resorts (NYSE:WH) Price Target Cut to $94.00 by Analysts at Morgan Stanley

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) had its target price lowered by investment analysts at Morgan Stanley from $102.00 to $94.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Morgan Stanley's target price would indicate a potential upside of 17.33% from the stock's previous close.

WH has been the subject of several other reports. Truist Financial decreased their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Robert W. Baird boosted their price objective on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. The Goldman Sachs Group reduced their price target on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Barclays raised their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Finally, Stifel Nicolaus upped their target price on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and a consensus price target of $113.08.

Wyndham Hotels & Resorts Stock Down 1.6 %

WH stock opened at $80.12 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The firm has a 50-day moving average of $94.00 and a two-hundred day moving average of $96.11. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $113.07. The company has a market cap of $6.21 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 1.87 and a beta of 1.11.

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, topping 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%. As a group, analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several institutional investors have recently bought and sold shares of WH. Trust Co. of Vermont boosted its stake in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after purchasing an additional 234 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after purchasing an additional 108 shares during the period. UMB Bank n.a. increased its holdings in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after purchasing an additional 168 shares during the period. Finally, Quarry LP acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $41,000. 93.46% of the stock is currently owned by institutional investors.

About Wyndham Hotels & Resorts

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.

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