Wyndham Hotels & Resorts (NYSE:WH) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.48-3.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.55. The company issued revenue guidance of $1.89-1.93 billion, compared to the consensus revenue estimate of $2.08 billion.Wyndham Hotels & Resorts also updated its FY20 guidance to $3.48-3.58 EPS.

Shares of NYSE WH traded down $0.17 during midday trading on Friday, reaching $58.93. 961,399 shares of the stock were exchanged, compared to its average volume of 685,534. The business has a 50-day simple moving average of $60.12 and a two-hundred day simple moving average of $55.70. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 42.40, a P/E/G ratio of 1.53 and a beta of 1.18. Wyndham Hotels & Resorts has a 12 month low of $48.53 and a 12 month high of $63.66. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.14 and a quick ratio of 1.14.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.81 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.81. The company had revenue of $492.00 million for the quarter, compared to analysts’ expectations of $493.19 million. Wyndham Hotels & Resorts had a net margin of 6.47% and a return on equity of 22.24%. The business’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. Equities research analysts expect that Wyndham Hotels & Resorts will post 3.26 earnings per share for the current fiscal year.

Several equities research analysts recently commented on the stock. Barclays cut their price objective on shares of Wyndham Hotels & Resorts from $69.00 to $68.00 and set an overweight rating on the stock in a research report on Thursday, February 6th. Zacks Investment Research raised shares of Wyndham Hotels & Resorts from a hold rating to a buy rating and set a $67.00 price objective on the stock in a research report on Saturday, February 8th. One investment analyst has rated the stock with a sell rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of $65.75.

In other Wyndham Hotels & Resorts news, insider Thomas Hunter Barber sold 3,091 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $57.62, for a total value of $178,103.42. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.90% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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Earnings History and Estimates for Wyndham Hotels & Resorts (NYSE:WH)

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