Somewhat Favorable News Coverage Somewhat Unlikely to Affect Wyndham Worldwide Corp (WYN) Stock Price
Headlines about Wyndham Worldwide Corp (NYSE:WYN) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Wyndham Worldwide Corp earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.7611269778015 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Earnings Approximations to Watch: Wyndham Worldwide Corporation (WYN), The Hershey Company (HSY) (famososartistas.com)
- Wyndham Worldwide Corp (WYN) Position Reduced by Gareth Morgan Investments Limited Partnership (iphonefresh.com)
- Coastline Trust Co Increases Position in Wyndham Worldwide – Insider Tradings (insidertradings.org)
- Wyndham Worldwide Corp (WYN) Shares Sold by Todd Asset Management LLC (techkenyot.com)
WYN has been the subject of several research analyst reports. Buckingham Research initiated coverage on Wyndham Worldwide Corp in a research note on Monday, June 19th. They set a “buy” rating and a $114.00 target price for the company. BidaskClub upgraded Wyndham Worldwide Corp from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 22nd. Stifel Nicolaus reiterated a “buy” rating and set a $110.00 target price (up from $108.00) on shares of Wyndham Worldwide Corp in a research note on Thursday, June 22nd. Zacks Investment Research upgraded Wyndham Worldwide Corp from a “hold” rating to a “buy” rating and set a $118.00 target price for the company in a research note on Wednesday, June 28th. Finally, Telsey Advisory Group downgraded Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 target price for the company. in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. Wyndham Worldwide Corp has an average rating of “Hold” and an average price target of $99.22.
Wyndham Worldwide Corp (NYSE WYN) traded up 1.01% during mid-day trading on Tuesday, reaching $100.84. The company had a trading volume of 555,651 shares. Wyndham Worldwide Corp has a 12-month low of $62.60 and a 12-month high of $106.50. The stock has a 50-day moving average of $99.87 and a 200 day moving average of $95.25. The company has a market capitalization of $10.36 billion, a price-to-earnings ratio of 18.57 and a beta of 1.35.
Wyndham Worldwide Corp (NYSE:WYN) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.03. Wyndham Worldwide Corp had a return on equity of 91.17% and a net margin of 10.17%. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the prior year, the company earned $1.40 earnings per share. Wyndham Worldwide Corp’s revenue was up 5.4% compared to the same quarter last year. On average, analysts expect that Wyndham Worldwide Corp will post $6.18 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 25th were issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 2.30%. The ex-dividend date was Wednesday, August 23rd. Wyndham Worldwide Corp’s dividend payout ratio (DPR) is 43.04%.
In other Wyndham Worldwide Corp news, Director George Herrera sold 323 shares of the stock in a transaction on Friday, August 11th. The stock was sold at an average price of $97.60, for a total transaction of $31,524.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.39% of the stock is currently owned by corporate insiders.
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About Wyndham Worldwide Corp
Wyndham Worldwide Corporation is a hospitality company. The Company offers a range of hospitality services and products through its global portfolio of brands. The Company operates through three segments: Wyndham Hotel Group, Wyndham Destination Network and Wyndham Vacation Ownership. The Company’s brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.
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