Wyndham Hotels & Resorts (NYSE:WH) Price Target Increased to $88.00 by Analysts at Robert W. Baird

Wyndham Hotels & Resorts (NYSE:WH) had its price target hoisted by investment analysts at Robert W. Baird from $86.00 to $88.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s price objective would suggest a potential upside of 19.26% from the stock’s previous close.

WH has been the topic of several other reports. Barclays decreased their price target on shares of Wyndham Hotels & Resorts from $90.00 to $87.00 and set an “overweight” rating on the stock in a report on Friday, April 19th. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a report on Friday, April 19th. They set a “hold” rating on the stock. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $88.17.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $73.79 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.11 and a debt-to-equity ratio of 2.90. Wyndham Hotels & Resorts has a 12 month low of $63.69 and a 12 month high of $81.73. The firm has a market cap of $5.98 billion, a P/E ratio of 26.17, a P/E/G ratio of 3.13 and a beta of 1.35. The company’s 50-day moving average price is $75.41 and its two-hundred day moving average price is $76.71.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, April 24th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The firm had revenue of $305.00 million for the quarter, compared to analyst estimates of $308.24 million. During the same period last year, the firm earned $0.86 EPS. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. On average, analysts anticipate that Wyndham Hotels & Resorts will post 4.21 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at approximately $900,916. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.79% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its position in Wyndham Hotels & Resorts by 62.6% during the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after buying an additional 152 shares during the period. Systematic Alpha Investments LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 3rd quarter worth approximately $37,000. Chilton Capital Management LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $47,000. Covestor Ltd lifted its position in shares of Wyndham Hotels & Resorts by 68.3% in the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock worth $57,000 after purchasing an additional 330 shares during the period. Finally, TFO Wealth Partners LLC lifted its position in shares of Wyndham Hotels & Resorts by 41,100.0% in the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after purchasing an additional 822 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

About Wyndham Hotels & Resorts

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.