Wyndham Hotels & Resorts (NYSE:WH) Sets New 12-Month High – Time to Buy?

Wyndham Hotels & Resorts, Inc. (NYSE:WH)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $95.20 and last traded at $94.89, with a volume of 146557 shares changing hands. The stock had previously closed at $89.20.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target for the company. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Truist Financial boosted their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 25th. Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Finally, Barclays boosted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $95.00.

Wyndham Hotels & Resorts Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The firm’s fifty day moving average price is $81.00 and its 200 day moving average price is $75.88. The firm has a market capitalization of $7.42 billion, a PE ratio of 30.30, a P/E/G ratio of 2.22 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The firm had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. During the same period in the previous year, the business posted $1.31 EPS. The business’s revenue was down 1.5% compared to the same quarter last year. As a group, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.59%. The ex-dividend date was Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the transaction, the director now directly owns 366,371 shares in the company, valued at approximately $33,343,424.71. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Wyndham Hotels & Resorts news, CFO Michele Allen sold 15,000 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the transaction, the chief financial officer now directly owns 10,056 shares in the company, valued at approximately $904,939.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 100,040 shares of company stock worth $9,022,056 in the last three months. Company insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently modified their holdings of the business. Natixis Advisors LLC raised its position in shares of Wyndham Hotels & Resorts by 37.7% in the third quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after buying an additional 9,463 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Wyndham Hotels & Resorts by 44.3% in the third quarter. Empowered Funds LLC now owns 7,677 shares of the company’s stock valued at $600,000 after purchasing an additional 2,355 shares during the period. Impax Asset Management Group plc grew its holdings in shares of Wyndham Hotels & Resorts by 35.0% in the third quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after purchasing an additional 35,000 shares during the period. MQS Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the third quarter valued at about $306,000. Finally, WCM Investment Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 1.9% in the third quarter. WCM Investment Management LLC now owns 322,363 shares of the company’s stock valued at $26,044,000 after purchasing an additional 6,146 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 operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.