Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $107.00

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) had its price objective boosted by research analysts at Truist Financial from $99.00 to $107.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 33.27% from the stock’s previous close.

Several other equities analysts also recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating for the company in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $100.00 price target on shares of Wyndham Hotels & Resorts in a research note on Friday, February 20th. Mizuho increased their price objective on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Morgan Stanley reduced their price objective on shares of Wyndham Hotels & Resorts from $89.00 to $85.00 and set an “overweight” rating for the company in a research note on Tuesday, March 10th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $87.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, February 20th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $94.17.

Read Our Latest Report on WH

Wyndham Hotels & Resorts Stock Up 1.4%

Shares of WH traded up $1.10 during mid-day trading on Thursday, reaching $80.29. The company had a trading volume of 76,929 shares, compared to its average volume of 1,379,538. The company has a debt-to-equity ratio of 5.37, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $6.03 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 2.00 and a beta of 0.72. The firm has a 50-day moving average price of $78.13 and a 200 day moving average price of $77.55. Wyndham Hotels & Resorts has a 52 week low of $69.21 and a 52 week high of $93.08.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The company had revenue of $334.00 million during the quarter, compared to analyst estimates of $337.63 million. Wyndham Hotels & Resorts had a return on equity of 64.18% and a net margin of 13.51%.The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter last year, the company earned $1.04 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. On average, sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Insider Activity

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 55,124 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $79.27, for a total value of $4,369,679.48. Following the completion of the transaction, the chief executive officer owned 490,028 shares of the company’s stock, valued at approximately $38,844,519.56. The trade was a 10.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Paul F. Cash sold 19,800 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $76.09, for a total transaction of $1,506,582.00. Following the transaction, the general counsel owned 27,912 shares in the company, valued at $2,123,824.08. This represents a 41.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 81,424 shares of company stock valued at $6,398,601 over the last ninety days. 2.46% of the stock is currently owned by corporate insiders.

Institutional Trading of Wyndham Hotels & Resorts

A number of large investors have recently made changes to their positions in WH. Royal Bank of Canada boosted its holdings in Wyndham Hotels & Resorts by 31.8% in the first quarter. Royal Bank of Canada now owns 60,411 shares of the company’s stock worth $5,467,000 after purchasing an additional 14,593 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in Wyndham Hotels & Resorts by 34.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company’s stock worth $418,000 after purchasing an additional 1,181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 7.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company’s stock valued at $22,491,000 after buying an additional 18,191 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after buying an additional 124 shares during the period. Finally, Intech Investment Management LLC purchased a new position in shares of Wyndham Hotels & Resorts in the 2nd quarter worth $366,000. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Wyndham Hotels & Resorts (NYSE:WH)

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