Susquehanna Forecasts Strong Price Appreciation for Wyndham Hotels & Resorts (NYSE:WH) Stock

Wyndham Hotels & Resorts (NYSE:WH) had its price objective hoisted by equities researchers at Susquehanna from $80.00 to $110.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s price target would indicate a potential upside of 2.65% from the stock’s previous close.

Several other brokerages have also weighed in on WH. Barclays raised their price objective 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. Truist Financial raised their target price on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Oppenheimer boosted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Wells Fargo & Company boosted their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $116.80.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $107.16 on Tuesday. The firm has a market capitalization of $8.33 billion, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 1.87 and a beta of 1.29. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $113.07. The business has a 50 day simple moving average of $104.14 and a 200 day simple moving average of $92.23.

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

Institutional Trading of Wyndham Hotels & Resorts

A number of hedge funds have recently made changes to their positions in WH. Smartleaf Asset Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock worth $1,103,000 after acquiring an additional 113 shares in the last quarter. Equitable Trust Co. increased its holdings in Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock worth $937,000 after acquiring an additional 135 shares during the period. M&T Bank Corp increased its position in shares of Wyndham Hotels & Resorts by 4.2% in the third quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock worth $267,000 after purchasing an additional 138 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock valued at $443,000 after buying an additional 147 shares in the last quarter. 93.46% of the stock is 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.