Zacks Research Downgrades Wyndham Hotels & Resorts (NYSE:WH) to Strong Sell

Wyndham Hotels & Resorts (NYSE:WH) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Thursday,Zacks.com reports.

Several other research analysts have also weighed in on the company. Truist Financial set a $98.00 price target on Wyndham Hotels & Resorts in a research report on Friday, October 24th. Susquehanna lowered their target price on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Stifel Nicolaus dropped their price target on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating on the stock in a research report on Thursday, October 23rd. Robert W. Baird decreased their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and an average price target of $101.13.

Wyndham Hotels & Resorts Trading Up 2.3%

Shares of NYSE:WH opened at $73.70 on Thursday. The company’s 50-day moving average price is $80.07 and its two-hundred day moving average price is $83.40. Wyndham Hotels & Resorts has a one year low of $71.37 and a one year high of $113.07. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market capitalization of $5.57 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.88 and a beta of 0.89.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.04. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The company had revenue of $764.00 million during the quarter, compared to analysts’ expectations of $406.29 million. During the same quarter last year, the company earned $1.39 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was down 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, equities analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of WH. Boston Partners grew its position in shares of Wyndham Hotels & Resorts by 9.1% during the 2nd quarter. Boston Partners now owns 3,130,373 shares of the company’s stock worth $254,449,000 after purchasing an additional 261,530 shares in the last quarter. Burgundy Asset Management Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 4.1% in the second quarter. Burgundy Asset Management Ltd. now owns 2,465,968 shares of the company’s stock valued at $200,261,000 after buying an additional 96,507 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Wyndham Hotels & Resorts by 9.3% in the third quarter. Thrivent Financial for Lutherans now owns 1,657,402 shares of the company’s stock valued at $132,427,000 after buying an additional 140,978 shares during the period. JPMorgan Chase & Co. grew its position in Wyndham Hotels & Resorts by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 1,585,935 shares of the company’s stock worth $126,716,000 after buying an additional 46,459 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Wyndham Hotels & Resorts by 9.7% during the 2nd quarter. Invesco Ltd. now owns 1,561,979 shares of the company’s stock worth $126,848,000 after acquiring an additional 137,502 shares during the period. Institutional investors and hedge funds 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.