Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.
Other research analysts have also issued reports about the company. Robert W. Baird cut their target price on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research note on Tuesday, October 28th. Zacks Research cut shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. Morgan Stanley set a $91.00 target price on shares of Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 price target for the company. Finally, Susquehanna decreased their price objective on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.77.
Read Our Latest Analysis on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Stock Down 0.9%
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.04. The business had revenue of $382.00 million for the quarter, compared to the consensus estimate of $406.29 million. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the business earned $1.39 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, equities research analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.
Insider Buying and Selling
In related news, General Counsel Paul F. Cash sold 36,379 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the sale, the general counsel directly owned 39,123 shares of the company’s stock, valued at $2,803,554.18. This trade represents a 48.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.46% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Wyndham Hotels & Resorts
Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its stake in shares of Wyndham Hotels & Resorts by 73.5% in the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after buying an additional 133 shares in the last quarter. Elequin Capital LP bought a new stake in Wyndham Hotels & Resorts during the 1st quarter worth about $29,000. Hantz Financial Services Inc. raised its stake in shares of Wyndham Hotels & Resorts by 5,950.0% in the second quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock worth $29,000 after acquiring an additional 357 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares during the last quarter. Finally, Cornerstone Planning Group LLC acquired a new position in shares of Wyndham Hotels & Resorts during the third quarter worth approximately $36,000. Institutional investors and hedge funds 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.
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