Robert W. Baird Issues Pessimistic Forecast for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its price objective reduced by Robert W. Baird from $107.00 to $99.00 in a research note published on Tuesday,Benzinga reports. They currently have an outperform rating on the stock.

Several other research firms also recently issued reports on WH. Truist Financial reduced their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Wells Fargo & Company boosted their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. The Goldman Sachs Group cut their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Jefferies Financial Group dropped their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Finally, Barclays cut their price objective on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $108.48.

Wyndham Hotels & Resorts Stock Up 0.3 %

WH traded up $0.22 during trading on Tuesday, hitting $84.51. The company had a trading volume of 700,136 shares, compared to its average volume of 847,325. The firm's 50-day moving average price is $87.30 and its 200 day moving average price is $96.35. The company has a market capitalization of $6.51 billion, a PE ratio of 23.28, a PEG ratio of 1.87 and a beta of 1.08. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $113.07.

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

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.41 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 1.94%. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio is presently 38.86%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several large investors have recently added to or reduced their stakes in WH. Bessemer Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 24,953.8% during the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock worth $134,414,000 after purchasing an additional 1,328,292 shares in the last quarter. Norges Bank bought a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth $104,774,000. JPMorgan Chase & Co. raised its position in shares of Wyndham Hotels & Resorts by 404.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company's stock valued at $122,261,000 after buying an additional 972,708 shares in the last quarter. Freestone Grove Partners LP bought a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth $54,738,000. Finally, Interval Partners LP bought a new position in Wyndham Hotels & Resorts in the fourth quarter valued at $31,991,000. 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.