Wyndham Hotels & Resorts (NYSE:WH) was downgraded by equities researchers at TheStreet from a “c” rating to a “d+” rating in a research report issued to clients and investors on Thursday, TheStreetRatingsTable reports.
Other equities analysts also recently issued reports about the stock. Barclays decreased their price objective on shares of Wyndham Hotels & Resorts from $69.00 to $68.00 and set an “overweight” rating on the stock in a report on Thursday, February 6th. Zacks Investment Research upgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a report on Saturday, February 8th. One research analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $65.29.
Shares of WH opened at $58.93 on Thursday. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.56 and a beta of 1.18. Wyndham Hotels & Resorts has a 1-year low of $48.53 and a 1-year high of $63.66. The company’s fifty day simple moving average is $60.12 and its 200 day simple moving average is $55.70. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.70.
Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Thursday, February 13th. The company reported $0.81 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.81. The business had revenue of $492.00 million for the quarter, compared to the consensus estimate of $493.19 million. Wyndham Hotels & Resorts had a net margin of 7.60% and a return on equity of 24.27%. The firm’s revenue for the quarter was down 6.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.58 earnings per share. As a group, research analysts forecast that Wyndham Hotels & Resorts will post 3.52 earnings per share for the current year.
In other news, insider Thomas Hunter Barber sold 3,091 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $57.62, for a total value of $178,103.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.90% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. NEXT Financial Group Inc raised its stake in Wyndham Hotels & Resorts by 90.8% during the fourth quarter. NEXT Financial Group Inc now owns 540 shares of the company’s stock worth $34,000 after acquiring an additional 257 shares in the last quarter. Huntington National Bank raised its stake in Wyndham Hotels & Resorts by 95.4% during the fourth quarter. Huntington National Bank now owns 758 shares of the company’s stock worth $48,000 after acquiring an additional 370 shares in the last quarter. Advisory Services Network LLC raised its stake in Wyndham Hotels & Resorts by 33.6% during the fourth quarter. Advisory Services Network LLC now owns 1,305 shares of the company’s stock worth $82,000 after acquiring an additional 328 shares in the last quarter. Advisor Group Inc. raised its stake in Wyndham Hotels & Resorts by 40.2% during the fourth quarter. Advisor Group Inc. now owns 2,356 shares of the company’s stock worth $148,000 after acquiring an additional 676 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC acquired a new position in Wyndham Hotels & Resorts during the fourth quarter worth about $153,000. 91.41% of the stock is owned by institutional investors and hedge funds.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.
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