Wyndham Hotels & Resorts (NYSE:WH) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Wyndham Hotels & Resorts (NYSE:WH) had its price objective hoisted by analysts at Stifel Nicolaus from $113.00 to $121.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 11.38% from the company’s previous close.

Several other equities analysts have also recently weighed in on WH. Truist Financial lifted their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Wells Fargo & Company upgraded shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $103.00 to $114.00 in a report on Friday, January 10th. Robert W. Baird boosted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th. The Goldman Sachs Group boosted their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $109.50.

Wyndham Hotels & Resorts Trading Down 0.4 %

NYSE WH traded down $0.46 on Thursday, hitting $108.64. 81,985 shares of the stock were exchanged, compared to its average volume of 708,369. Wyndham Hotels & Resorts has a 52-week low of $67.67 and a 52-week high of $110.58. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 34.49, a P/E/G ratio of 2.14 and a beta of 1.29. The company’s 50-day moving average price is $103.03 and its two-hundred day moving average price is $90.17.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. Research analysts predict that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Boston Partners lifted its position in Wyndham Hotels & Resorts by 5.3% during the 4th quarter. Boston Partners now owns 3,853,527 shares of the company’s stock worth $388,462,000 after acquiring an additional 192,221 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Wyndham Hotels & Resorts by 3.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company’s stock valued at $182,460,000 after buying an additional 63,006 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Wyndham Hotels & Resorts by 404.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company’s stock valued at $122,261,000 after buying an additional 972,708 shares during the last quarter. Norges Bank acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $104,774,000. Finally, Bank of New York Mellon Corp raised its position in shares of Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock valued at $85,870,000 after buying an additional 8,129 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.