Wyndham Hotels & Resorts (NYSE:WH) Sets New 12-Month Low After Analyst Downgrade

Wyndham Hotels & Resorts (NYSE:WH) hit a new 52-week low during trading on Wednesday after Robert W. Baird lowered their price target on the stock from $93.00 to $89.00. Robert W. Baird currently has an outperform rating on the stock. Wyndham Hotels & Resorts traded as low as $72.33 and last traded at $72.4170, with a volume of 968527 shares trading hands. The stock had previously closed at $74.78.

WH has been the topic of a number of other reports. Truist Financial set a $98.00 price objective on Wyndham Hotels & Resorts in a report on Friday, October 24th. Barclays decreased their price target on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a research note on Friday, October 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, October 8th. Susquehanna cut their price objective on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a report on Monday. Finally, Morgan Stanley set a $91.00 target price on shares of Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $101.13.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Evergreen Capital Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 19.7% in the third quarter. Evergreen Capital Management LLC now owns 3,071 shares of the company’s stock valued at $245,000 after buying an additional 505 shares in the last quarter. First National Advisers LLC grew its holdings in Wyndham Hotels & Resorts by 4.8% during the 3rd quarter. First National Advisers LLC now owns 5,236 shares of the company’s stock worth $418,000 after acquiring an additional 242 shares during the last quarter. Washington Capital Management Inc. acquired a new stake in Wyndham Hotels & Resorts in the 3rd quarter valued at about $439,000. Quent Capital LLC bought a new position in shares of Wyndham Hotels & Resorts in the third quarter worth about $78,000. Finally, Tributary Capital Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 64.0% in the third quarter. Tributary Capital Management LLC now owns 18,334 shares of the company’s stock worth $1,465,000 after acquiring an additional 7,152 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43. The stock’s 50-day moving average price is $82.09 and its 200-day moving average price is $83.83. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 16.87, a price-to-earnings-growth ratio of 1.57 and a beta of 0.92.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.04. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The firm had revenue of $382.00 million during the quarter, compared to analysts’ expectations of $406.29 million. During the same quarter in the previous year, the company posted $1.39 EPS. Wyndham Hotels & Resorts’s revenue was down 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is 37.70%.

About Wyndham Hotels & Resorts

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.