Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives $108.48 Average Price Target from Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the twelve analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $108.48.

A number of research firms recently commented on WH. Robert W. Baird dropped their price objective on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a report on Tuesday, May 6th. Susquehanna upped their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Truist Financial cut their target price on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Morgan Stanley decreased their price target on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, Jefferies Financial Group cut their price objective on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th.

Wyndham Hotels & Resorts Stock Down 0.5%

Shares of NYSE WH traded down $0.40 during mid-day trading on Monday, reaching $83.44. The company had a trading volume of 103,480 shares, compared to its average volume of 853,579. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $6.42 billion, a price-to-earnings ratio of 22.92, a PEG ratio of 1.87 and a beta of 1.08. The stock has a fifty day moving average of $85.36 and a two-hundred day moving average of $95.83. Wyndham Hotels & Resorts has a 12-month low of $67.81 and a 12-month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.82 by $0.04. The business had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. Wyndham Hotels & Resorts's revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 EPS. As a group, equities research analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, June 13th. This represents a $1.64 annualized dividend and a yield of 1.97%. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.86%.

Insider Activity

In related news, CEO Geoffrey A. Ballotti sold 26,724 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $85.77, for a total transaction of $2,292,117.48. Following the sale, the chief executive officer now directly owns 467,394 shares in the company, valued at $40,088,383.38. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.46% of the stock is owned by corporate insiders.

Institutional Trading of Wyndham Hotels & Resorts

Large investors have recently made changes to their positions in the business. Strs Ohio bought a new stake in Wyndham Hotels & Resorts during the 1st quarter worth about $1,721,000. Geneos Wealth Management Inc. lifted its holdings in Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company's stock worth $34,000 after buying an additional 124 shares in the last quarter. Focus Partners Wealth boosted its position in Wyndham Hotels & Resorts by 1.6% in the 1st quarter. Focus Partners Wealth now owns 60,529 shares of the company's stock valued at $5,479,000 after buying an additional 971 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Wyndham Hotels & Resorts by 7.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company's stock valued at $22,491,000 after buying an additional 18,191 shares during the period. Finally, Ascent Group LLC acquired a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at $1,419,000. Institutional investors own 93.46% of the company's stock.

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.