Wyndham Hotels & Resorts (NYSE:WH) Given Consensus Rating of "Moderate Buy" by Analysts

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) has been given a consensus rating of "Moderate Buy" by the twelve ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $108.40.

A number of equities research analysts have commented on WH shares. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price for the company in a research report on Monday, March 24th. JPMorgan Chase & Co. initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 target price for the company. Truist Financial cut their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Robert W. Baird cut their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a research report on Tuesday, May 6th. Finally, Jefferies Financial Group cut 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 research report on Wednesday, April 9th.

Wyndham Hotels & Resorts Stock Down 0.9%

Shares of WH traded down $0.74 on Tuesday, hitting $86.17. 271,961 shares of the stock traded hands, compared to its average volume of 896,058. The company has a market capitalization of $6.64 billion, a PE ratio of 20.41, a P/E/G ratio of 1.77 and a beta of 0.98. The company has a debt-to-equity ratio of 4.29, a quick ratio of 0.96 and a current ratio of 0.96. The business has a 50 day simple moving average of $84.05 and a 200 day simple moving average of $91.86. Wyndham Hotels & Resorts has a one year low of $70.08 and a one year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $316.00 million during the quarter, compared to the consensus estimate of $320.10 million. Wyndham Hotels & Resorts had a net margin of 23.52% and a return on equity of 57.49%. The firm's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.78 earnings per share. As a group, equities analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Friday, June 13th. Wyndham Hotels & Resorts's payout ratio is currently 38.86%.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the business's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $85.77, for a total value of $2,292,117.48. Following the sale, the chief executive officer owned 467,394 shares in the company, valued at $40,088,383.38. The trade was a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.46% of the stock is currently owned by insiders.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds have recently made changes to their positions in the business. PFG Investments LLC raised its position in shares of Wyndham Hotels & Resorts by 9.4% during the 2nd quarter. PFG Investments LLC now owns 3,995 shares of the company's stock valued at $324,000 after buying an additional 342 shares in the last quarter. Bank Pictet & Cie Europe AG raised its position in shares of Wyndham Hotels & Resorts by 60.4% during the 2nd quarter. Bank Pictet & Cie Europe AG now owns 3,703 shares of the company's stock valued at $301,000 after buying an additional 1,395 shares in the last quarter. PineStone Asset Management Inc. raised its position in shares of Wyndham Hotels & Resorts by 103.0% during the 2nd quarter. PineStone Asset Management Inc. now owns 411,500 shares of the company's stock valued at $35,303,000 after buying an additional 208,750 shares in the last quarter. GAMMA Investing LLC grew its holdings in Wyndham Hotels & Resorts by 10.6% during the 2nd quarter. GAMMA Investing LLC now owns 1,530 shares of the company's stock valued at $124,000 after purchasing an additional 147 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Wyndham Hotels & Resorts by 108.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,813 shares of the company's stock valued at $310,000 after purchasing an additional 1,985 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

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.