Robert W. Baird Has Lowered Expectations for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH) had its target price cut by Robert W. Baird from $107.00 to $99.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s price target points to a potential upside of 17.65% from the company’s previous close.

Several other research firms have also commented on WH. Jefferies Financial Group dropped their target price on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Wells Fargo & Company boosted their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Susquehanna increased their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Stifel Nicolaus lowered their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a “buy” rating for the company in a research note on Thursday, May 1st. Finally, Morgan Stanley cut their target price on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $108.48.

Wyndham Hotels & Resorts Trading Down 3.3 %

Shares of WH stock opened at $84.15 on Tuesday. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $113.07. The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 1.87 and a beta of 1.08. The firm has a 50-day moving average price of $89.12 and a 200 day moving average price of $96.41. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.04. The business had revenue of $316.00 million for the quarter, compared to the consensus estimate of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 earnings per share. Research analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds have recently modified their holdings of WH. Bessemer Group Inc. grew its holdings in Wyndham Hotels & Resorts by 24,953.8% during the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock valued at $134,414,000 after purchasing an additional 1,328,292 shares in the last quarter. Norges Bank purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $104,774,000. JPMorgan Chase & Co. grew 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 worth $122,261,000 after buying an additional 972,708 shares in the last quarter. Freestone Grove Partners LP bought a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth $54,738,000. Finally, Interval Partners LP bought a new position in Wyndham Hotels & Resorts during the 4th quarter valued at $31,991,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

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 Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.