Wells Fargo & Company Forecasts Strong Price Appreciation for Wyndham Hotels & Resorts (NYSE:WH) Stock

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) had its price objective raised by investment analysts at Wells Fargo & Company from $114.00 to $116.00 in a report issued on Friday,Benzinga reports. The firm currently has an "overweight" rating on the stock. Wells Fargo & Company's price objective points to a potential upside of 4.05% from the company's current price.

WH has been the subject of several other research reports. Truist Financial upped their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Barclays increased their target price on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a report on Friday. JPMorgan Chase & Co. lifted their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a research note on Friday, December 13th. Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Finally, StockNews.com raised shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $112.10.

Wyndham Hotels & Resorts Price Performance

WH stock traded up $2.16 during mid-day trading on Friday, reaching $111.48. 833,265 shares of the company's stock were exchanged, compared to its average volume of 771,002. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $112.16. The stock's 50 day moving average is $103.66 and its 200 day moving average is $91.20. The company has a market cap of $8.67 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of 2.14 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. On average, research analysts expect that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds and other institutional investors have recently bought and sold shares of the company. Stifel Financial Corp increased its holdings in shares of Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company's stock worth $2,396,000 after buying an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in 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 worth $136,533,000 after acquiring an additional 506,593 shares during the last quarter. Natixis Advisors LLC increased its stake in Wyndham Hotels & Resorts by 37.7% during the third quarter. Natixis Advisors LLC now owns 34,537 shares of the company's stock worth $2,699,000 after acquiring an additional 9,463 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Wyndham Hotels & Resorts by 15.0% in the third quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company's stock valued at $5,027,000 after purchasing an additional 8,389 shares during the period. Finally, Impax Asset Management Group plc lifted its stake in shares of Wyndham Hotels & Resorts by 35.0% in the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company's stock valued at $10,549,000 after purchasing an additional 35,000 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.