Wyndham Hotels & Resorts (NYSE:WH) Rating Increased to Hold at Zacks Research

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

A number of other brokerages have also recently issued reports on WH. Truist Financial set a $98.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Friday, October 24th. Susquehanna dropped their price target on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Barclays decreased their price objective on Wyndham Hotels & Resorts from $95.00 to $94.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. Morgan Stanley set a $91.00 price objective on Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Finally, Wells Fargo & Company initiated coverage on Wyndham Hotels & Resorts in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 target price for the company. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $91.88.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $80.02 on Monday. The company’s fifty day moving average is $74.38 and its two-hundred day moving average is $80.61. The firm has a market capitalization of $6.05 billion, a price-to-earnings ratio of 18.39, a P/E/G ratio of 1.83 and a beta of 0.76. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.16 and a quick ratio of 1.16. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.04. The company had revenue of $382.00 million during 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 company’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the company earned $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Equities research analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Insiders Place Their Bets

In other 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 value of $2,606,919.14. Following the completion of the sale, the general counsel directly owned 39,123 shares in the company, valued at approximately $2,803,554.18. This trade represents a 48.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Scott R. Strickland sold 28,134 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $71.11, for a total transaction of $2,000,608.74. Following the sale, the insider directly owned 40,363 shares in the company, valued at approximately $2,870,212.93. This represents a 41.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 65,482 shares of company stock valued at $4,677,538 over the last ninety days. Insiders own 2.46% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its position in Wyndham Hotels & Resorts by 73.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Wyndham Hotels & Resorts by 5,950.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock valued at $29,000 after buying an additional 357 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after acquiring an additional 124 shares during the period. Cornerstone Planning Group LLC bought a new position in Wyndham Hotels & Resorts in the third quarter valued at about $36,000. Finally, Smartleaf Asset Management LLC increased its position in Wyndham Hotels & Resorts by 181.3% in the third quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock worth $40,000 after purchasing an additional 319 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.