Wyndham Hotels & Resorts (NYSE:WH) Upgraded by Mizuho to “Outperform” Rating

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by investment analysts at Mizuho from a “neutral” rating to an “outperform” rating in a research note issued on Tuesday, MarketBeat reports. The brokerage presently has a $97.00 price objective on the stock, up from their prior price objective of $71.00. Mizuho’s price objective points to a potential upside of 20.42% from the stock’s current price.

A number of other equities analysts also recently weighed in on WH. Susquehanna dropped their target price 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. Wall Street Zen upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Sunday, December 7th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $76.00 price target (down from $88.00) on shares of Wyndham Hotels & Resorts in a research note on Monday, December 15th. Barclays reduced their price objective on Wyndham Hotels & Resorts from $95.00 to $94.00 and set an “overweight” rating for the company in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company started coverage on Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $94.04.

Wyndham Hotels & Resorts Trading Up 2.5%

Shares of Wyndham Hotels & Resorts stock opened at $80.55 on Tuesday. The business has a fifty day simple moving average of $74.99 and a 200-day simple moving average of $80.59. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $113.07. The firm has a market cap of $6.09 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 2.06 and a beta of 0.76. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.04. The firm had revenue of $382.00 million for the quarter, compared to analyst estimates of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.39 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, equities analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Insider Activity

In related news, General Counsel Paul F. Cash sold 36,379 shares of the business’s stock in a transaction that occurred 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. The trade was a 48.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Scott R. Strickland sold 28,134 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $71.11, for a total transaction of $2,000,608.74. Following the completion of the transaction, 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. In the last quarter, insiders have sold 65,482 shares of company stock valued at $4,677,538. 2.46% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently bought and sold shares of the company. Champlain Investment Partners LLC increased its stake in shares of Wyndham Hotels & Resorts by 352.8% in the third quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock worth $176,796,000 after purchasing an additional 1,724,091 shares during the period. Norges Bank bought a new stake in Wyndham Hotels & Resorts during the 2nd quarter valued at approximately $109,337,000. Long Pond Capital LP grew its holdings in Wyndham Hotels & Resorts by 545.8% in the 2nd quarter. Long Pond Capital LP now owns 1,505,781 shares of the company’s stock valued at $122,284,000 after buying an additional 1,272,628 shares during the last quarter. Capital International Investors increased its position in Wyndham Hotels & Resorts by 77.1% in the 3rd quarter. Capital International Investors now owns 1,755,465 shares of the company’s stock worth $140,262,000 after buying an additional 764,312 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Wyndham Hotels & Resorts during the third quarter worth approximately $57,725,000. 93.46% of the stock is currently owned by institutional investors.

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.