Zacks Research Downgrades Wyndham Hotels & Resorts (NYSE:WH) to Strong Sell

Wyndham Hotels & Resorts (NYSE:WH) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Thursday,Zacks.com reports.

Several other research firms also recently commented on WH. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, October 8th. Susquehanna dropped their price target on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Stifel Nicolaus reduced their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Truist Financial set a $98.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, October 24th. Finally, Robert W. Baird cut their price target on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a report on Tuesday, October 28th. Eleven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $101.13.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock traded up $1.63 during trading on Thursday, hitting $73.70. The stock had a trading volume of 1,355,900 shares, compared to its average volume of 1,502,924. The stock’s 50 day moving average is $80.07 and its two-hundred day moving average is $83.40. Wyndham Hotels & Resorts has a 1 year low of $71.37 and a 1 year high of $113.07. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 1.88 and a beta of 0.89. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.04. The firm had revenue of $764.00 million for the quarter, compared to analyst estimates of $406.29 million. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The business’s revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. As a group, analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its position in Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after buying an additional 133 shares during the period. Elequin Capital LP purchased a new stake in Wyndham Hotels & Resorts during the 1st quarter valued at about $29,000. Hantz Financial Services Inc. grew its position in Wyndham Hotels & Resorts by 5,950.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock worth $29,000 after acquiring an additional 357 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after purchasing an additional 124 shares during the period. Finally, Cornerstone Planning Group LLC purchased a new position in Wyndham Hotels & Resorts in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors 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 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.