Morgan Stanley Increases Wyndham Hotels & Resorts (NYSE:WH) Price Target to $87.00
by Kim Johansen · The Markets DailyWyndham Hotels & Resorts (NYSE:WH – Get Free Report) had its target price boosted by research analysts at Morgan Stanley from $85.00 to $87.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 0.96% from the company’s previous close.
Other research analysts also recently issued research reports about the stock. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the company a “buy” rating in a research report on Thursday, March 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $100.00 target price on shares of Wyndham Hotels & Resorts in a research report on Friday, February 20th. Mizuho boosted their target price on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Wall Street Zen downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 3rd. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $92.91.
Read Our Latest Research Report on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Stock Up 3.7%
Shares of NYSE WH opened at $86.17 on Friday. The company has a market capitalization of $6.47 billion, a P/E ratio of 34.89, a price-to-earnings-growth ratio of 2.14 and a beta of 0.69. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $92.68. The company has a debt-to-equity ratio of 5.37, a quick ratio of 0.86 and a current ratio of 0.86. The company’s 50 day moving average price is $79.12 and its 200-day moving average price is $77.36.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $334.00 million for the quarter, compared to the consensus estimate of $337.63 million. Wyndham Hotels & Resorts had a net margin of 13.51% and a return on equity of 64.18%. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.04 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Equities analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.
Insider Buying and Selling at Wyndham Hotels & Resorts
In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 55,124 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $79.27, for a total transaction of $4,369,679.48. Following the completion of the sale, the chief executive officer owned 490,028 shares in the company, valued at approximately $38,844,519.56. The trade was a 10.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Scott R. Strickland sold 6,500 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $80.36, for a total transaction of $522,340.00. Following the sale, the insider owned 43,639 shares of the company’s stock, valued at $3,506,830.04. This trade represents a 12.96% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 81,424 shares of company stock worth $6,398,601. 2.46% of the stock is owned by corporate insiders.
Institutional Trading of Wyndham Hotels & Resorts
Institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts by 73.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after acquiring an additional 133 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth $27,000. Geneos Wealth Management Inc. grew its stake in shares of 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 acquiring an additional 124 shares in the last quarter. Cornerstone Planning Group LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter worth $36,000. Finally, Smartleaf Asset Management LLC grew its position in Wyndham Hotels & Resorts by 181.3% during the third quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock valued at $40,000 after buying an additional 319 shares during the period. Institutional investors own 93.46% of the company’s stock.
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.
The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.