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

Wyndham Hotels & Resorts (NYSE:WH) had its target price hoisted by equities research analysts at Barclays from $116.00 to $121.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 10.99% from the company’s previous close.

WH has been the topic of several other reports. Jefferies Financial Group boosted their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. The Goldman Sachs Group lifted their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Wells Fargo & Company upgraded shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $103.00 to $114.00 in a research report on Friday, January 10th. Finally, Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Two 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.10.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock traded up $1.69 during trading hours on Friday, hitting $109.01. The company had a trading volume of 219,092 shares, compared to its average volume of 733,058. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The firm’s fifty day moving average is $103.14 and its 200 day moving average is $90.29. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $110.94. The firm has a market capitalization of $8.48 billion, a price-to-earnings ratio of 34.57, a PEG ratio of 2.14 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. On average, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently modified their holdings of the stock. Boston Partners raised its holdings in shares of Wyndham Hotels & Resorts by 5.3% in the fourth quarter. Boston Partners now owns 3,853,527 shares of the company’s stock valued at $388,462,000 after acquiring an additional 192,221 shares in the last quarter. Thrivent Financial for Lutherans grew its position in 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 period. Bessemer Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 24,953.8% in the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock valued at $134,414,000 after buying an additional 1,328,292 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Wyndham Hotels & Resorts by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company’s stock worth $131,952,000 after purchasing an additional 29,220 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Wyndham Hotels & Resorts by 404.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company’s stock worth $122,261,000 after purchasing an additional 972,708 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

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.