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

Wyndham Hotels & Resorts (NYSE:WH) had its price objective increased by equities researchers at Stifel Nicolaus from $113.00 to $121.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 11.38% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on WH. Jefferies Financial Group lifted their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. JPMorgan Chase & Co. lifted their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Barclays lifted their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, December 13th. The Goldman Sachs Group lifted their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, Wells Fargo & Company raised Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $103.00 to $114.00 in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $109.50.

Wyndham Hotels & Resorts Stock Performance

WH stock traded down $0.46 during midday trading on Thursday, reaching $108.64. The company had a trading volume of 81,985 shares, compared to its average volume of 708,369. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a 50 day moving average price of $103.03 and a 200 day moving average price of $90.17. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $110.58. The firm has a market capitalization of $8.45 billion, a PE ratio of 34.49, a P/E/G ratio of 2.14 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating 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%. Analysts anticipate that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Trust Co. of Vermont grew its position in Wyndham Hotels & Resorts by 434.8% in the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Wyndham Hotels & Resorts by 508.7% in the fourth 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 during the last quarter. Smartleaf Asset Management LLC grew its position in Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after buying an additional 108 shares during the last quarter. Assetmark Inc. acquired a new position in Wyndham Hotels & Resorts in the third quarter worth approximately $30,000. Finally, UMB Bank n.a. grew its position in Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after buying an additional 168 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.