Somewhat Positive Media Coverage Somewhat Unlikely to Affect Wyndham Worldwide (WYN) Share Price
Press coverage about Wyndham Worldwide (NYSE:WYN) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wyndham Worldwide earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.0800918372209 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Dissecting The Deal (hotelinteractive.com)
- More Than 10 Firms Guided 10 Largest 1st-Half Hotel Deals (law360.com)
- Hotel stock index drops 4 percent in June (asianhospitality.com)
- HIGH POINT UNIVERSITY PRESIDENT NIDO QUBEIN NAMED 2018, ’19 WYNDHAM CHAMPIONSHIP HONORARY … (yesweekly.com)
- Wyndham Worldwide Corp. (WYN) Setn $77.00 Consensus PT from Analysts (bharatapress.com)
Shares of NYSE:WYN opened at $108.44 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 9.19. Wyndham Worldwide has a 1 year low of $95.30 and a 1 year high of $127.96. The firm has a market cap of $11.06 billion, a P/E ratio of 19.72 and a beta of 1.36.
The company also recently announced a quarterly dividend, which was paid on Friday, June 29th. Investors of record on Friday, June 15th were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend was Thursday, June 14th. Wyndham Worldwide’s dividend payout ratio (DPR) is presently 48.00%.
Several research firms recently commented on WYN. Zacks Investment Research upgraded Wyndham Worldwide from a “hold” rating to a “buy” rating and set a $130.00 target price for the company in a research note on Tuesday, March 20th. ValuEngine upgraded Wyndham Worldwide from a “hold” rating to a “buy” rating in a research note on Friday, May 11th. TheStreet upgraded Wyndham Worldwide from a “c” rating to a “b” rating in a research note on Friday, May 18th. Credit Suisse Group assumed coverage on Wyndham Worldwide in a report on Friday, May 18th. They issued a “neutral” rating and a $116.00 price target for the company. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $131.00 price target (down previously from $135.00) on shares of Wyndham Worldwide in a report on Monday, May 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $136.86.
In other Wyndham Worldwide news, Director George Herrera sold 313 shares of Wyndham Worldwide stock in a transaction that occurred on Thursday, May 10th. The stock was sold at an average price of $111.51, for a total transaction of $34,902.63. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.18% of the stock is owned by company insiders.
About Wyndham Worldwide
Wyndham Worldwide Corporation provides hospitality services and products to individual and business customers worldwide. It operates through three segments: Hotel Group, Destination Network, and Vacation Ownership. The Hotel Group segment primarily franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments, as well as provides property management services for full-service and select limited-service hotels.
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