Wyndham Hotels & Resorts (NYSE:WH) Raised to Hold at Wells Fargo & Company

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by equities research analysts at Wells Fargo & Company to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other brokerages have also recently commented on WH. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, October 8th. Stifel Nicolaus reduced their price target on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research report on Thursday, October 23rd. Truist Financial set a $98.00 price objective on Wyndham Hotels & Resorts in a research report on Friday, October 24th. Barclays dropped their price objective on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating for the company in a research note on Friday, October 24th. Finally, Susquehanna decreased their target price on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.77.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $70.68 on Monday. Wyndham Hotels & Resorts has a 52-week low of $69.64 and a 52-week high of $113.07. The business’s fifty day moving average is $77.77 and its 200 day moving average is $82.67. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market cap of $5.34 billion, a price-to-earnings ratio of 16.25, a PEG ratio of 1.87 and a beta of 0.89.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.04. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The business had revenue of $764.00 million during the quarter, compared to analyst estimates of $406.29 million. During the same quarter in the previous year, the firm earned $1.39 EPS. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Research analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Insider Transactions at Wyndham Hotels & Resorts

In other news, General Counsel Paul F. Cash sold 36,379 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $71.66, for a total value of $2,606,919.14. Following the completion of the transaction, the general counsel directly owned 39,123 shares in the company, valued at approximately $2,803,554.18. This represents a 48.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.46% of the stock is currently owned by company insiders.

Institutional Trading of Wyndham Hotels & Resorts

Hedge funds have recently bought and sold shares of the company. Champlain Investment Partners LLC boosted its stake in shares of Wyndham Hotels & Resorts by 352.8% in the 3rd quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock valued at $176,796,000 after purchasing an additional 1,724,091 shares in the last quarter. Norges Bank bought a new stake in Wyndham Hotels & Resorts in the second quarter worth $109,337,000. Long Pond Capital LP boosted its position in Wyndham Hotels & Resorts by 545.8% during the second quarter. Long Pond Capital LP now owns 1,505,781 shares of the company’s stock valued at $122,284,000 after buying an additional 1,272,628 shares during the period. Nuveen LLC bought a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at about $70,353,000. Finally, Capital International Investors increased its holdings in shares of Wyndham Hotels & Resorts by 77.1% in the third quarter. Capital International Investors now owns 1,755,465 shares of the company’s stock worth $140,262,000 after buying an additional 764,312 shares during the period. 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 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.