Research professionals at StockNews.com have started monitoring Wyndham Hotels & Resorts, as stated in a report made available on Thursday (NYSE: WH).
The company recommended to its shareholders that they “keep” the stock in their investment collections.
On February 15, the most recent earnings report for Wyndham Hotels & Resorts was made public.
This company’s stock is traded on the New York Stock Exchange (NYSE) under WH.
The company reported quarterly earnings per share at $0.72, $0.09 higher than the consensus estimate of $0.63 from industry analysts. Wyndham Hotels & Resorts had a net margin of 23.70 percent, and their return on equity was 33.61%.
Both of these figures are very impressive. However, actual sales for the quarter came in at $334 million, significantly higher than the forecasted revenue of $324.33 million provided by analysts. Compared to the previous year’s results for the same quarter, the company’s earnings per share came in at $0.69. Compared to the same quarter in the prior fiscal year, the company’s sales experienced a decrease of 14.8%.
The current fiscal year is expected to generate $3.98 per share for Wyndham Hotels & Resorts.
This is according to projections made by industry analysts.
When trading on WH began on Thursday, the stock was valued at $67.46.
The stock is currently trading at $75.62, above its 200-day simple moving average of $71.34, which is also above its 50-day simple moving average.
The quick and current ratios correlate at 1.34, and the debt-to-equity ratios correlate at 2.14.
The quick ratio and the current ratio are both related to liquidity. Over the previous year, the price of a night at a Wyndham Hotels & Resorts property ranged from an all-time low of $58.81 to an all-time high of $93.86.
This stock currently carries a beta value of 1.41, a price-to-earnings ratio of 17.30, a price-to-growth ratio of 2.12, and a market value of $5.83 billion.
The topic of reports compiled by a wide range of other equity specialists has also been at the center of attention throughout this discussion.
In a report distributed on February 21, Truist Financial raised their “buy” rating and price target of $95.00, which they had previously placed on Wyndham Hotels & Resorts, to $96.00.
The report was about the company’s stock. Robert W.
Baird decreased their price target on Wyndham Hotels & Resorts from $80.00 to $80.00 in a research note published on Thursday, March 9.
Additionally, a “outperform” rating was bestowed upon the company’s stock by the company. Redburn Partners’ coverage of Wyndham Hotels & Resorts began with the new week, which started on November 30.
They assigned a ” neutral ” rating to the stock for their investment portfolio.
Morgan Stanley upgraded Wyndham Hotels & Resorts from an “overweight” rating to a “neutral” rating and raised their price objective on the company from $87.00 to $90.00 in a research report published on Tuesday, February 7.
In a research report published on Friday, January 20, Barclays reduced their “overweight” rating and price objective for Wyndham Hotels & Resorts stock from $88,00 to $85,00.
The change was made about the company’s stock.
The number of financial analysts who have recommended that the company buy an asset is two fewer than those who have recommended that the company should hold an asset.
According to the information made available by Bloomberg, the stock is currently rated as having a consensus recommendation of “Moderate Buy,” with a price target of $88.50.
According to other recent news regarding Wyndham Hotels & Resorts, Chief Marketing Officer Lisa Checchio sold 6,000 shares of the company’s stock on March 8.
This information was reported in other recent news regarding the company.
The total amount of money made from the stock sale was $461,400.00, corresponding to an average price per share of 76.90 dollars. Following the conclusion of the transaction, the chief marketing officer now has direct ownership of 13,692 company shares, the total value of which is approximately $1,052,914.80.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC.
The current percentage of the company’s stock owned by company insiders is 1.91%.
Several hedge funds and institutional investors recently altered the WH positions in their portfolios due to making new investments.
A 367.1% increase in Bank of America Corp.’s (DE percentage of ownership in Wyndham Hotels & Resorts was accomplished over the final three months of 2018.
Bank of America Corp. (DE) now has 1,358,213 shares in the company, having added 1,067,435 shares during the preceding quarter to bring their total share count up to date.
These shares are currently worth a total of $96,854,000 as of right now.
Morgan Stanley’s investment in Wyndham Hotels & Resorts increased by 170.2% during the company’s fourth-quarter reporting period.
As a result of the purchase of 927,864 additional shares throughout the period, Morgan Stanley now has a total holding of 1,472,876 shares of the company’s stock.
Based on the current market price, this gives the firm a value of $105,031,000. Norges Bank invested 63,560,000 dollars in Wyndham Hotels & Resorts during the final three months of 2018, referred to as the fourth quart.