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

Wyndham Hotels & Resorts (NYSE:WH) had its price target raised by Truist Financial from $105.00 to $122.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price objective points to a potential upside of 10.76% from the company’s current price.

Several other equities research analysts have also weighed in on the company. JPMorgan Chase & Co. upped their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Wells Fargo & Company upped their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Stifel Nicolaus upped their price objective on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. The Goldman Sachs Group upped their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Finally, Robert W. Baird upped their price objective on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.80.

Wyndham Hotels & Resorts Stock Performance

WH traded down $1.25 on Wednesday, hitting $110.15. 152,322 shares of the stock traded hands, compared to its average volume of 751,164. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $112.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The firm has a market capitalization of $8.56 billion, a PE ratio of 30.33, a P/E/G ratio of 2.18 and a beta of 1.29. The business has a fifty day moving average price of $103.66 and a two-hundred day moving average price of $91.20.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. On average, research analysts predict that Wyndham Hotels & Resorts will post 4.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Large investors have recently bought and sold shares of the business. Trust Co. of Vermont grew its position in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Wyndham Hotels & Resorts during the 4th quarter worth $28,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after buying an additional 234 shares in the last quarter. Assetmark Inc. acquired a new position in Wyndham Hotels & Resorts during the 3rd quarter worth $30,000. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in Wyndham Hotels & Resorts by 86.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after buying an additional 190 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

About Wyndham Hotels & Resorts

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.