Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $122.00

Wyndham Hotels & Resorts (NYSE:WH) had its price objective upped by Truist Financial from $105.00 to $122.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages have also recently weighed in on WH. Wells Fargo & Company boosted their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Stifel Nicolaus boosted their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, Jefferies Financial Group boosted their price target 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. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average price target of $113.80.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $108.94 on Wednesday. The company has a fifty day simple moving average of $104.09 and a two-hundred day simple moving average of $91.74. The company has a market cap of $8.47 billion, a price-to-earnings ratio of 30.01, a price-to-earnings-growth ratio of 1.87 and a beta of 1.29. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. As a group, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Trust Co. of Vermont increased its stake in shares of Wyndham Hotels & Resorts by 434.8% during the fourth 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 period. Proficio Capital Partners LLC acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after acquiring an additional 234 shares during the period. Assetmark Inc. acquired a new position in shares of Wyndham Hotels & Resorts during the third quarter worth about $30,000. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.