Wyndham Hotels & Resorts (NYSE:WH) Coverage Initiated by Analysts at The Goldman Sachs Group

Investment analysts at The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued to investors on Wednesday, Briefing.com reports. The firm set a “buy” rating and a $96.00 price target on the stock. The Goldman Sachs Group’s price target points to a potential upside of 22.65% from the stock’s previous close.

WH has been the subject of a number of other research reports. Truist Financial lowered their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Barclays raised their target price on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. StockNews.com cut Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Friday, September 6th. Susquehanna started coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They issued a “neutral” rating and a $80.00 target price for the company. Finally, Stifel Nicolaus lowered their target price on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $90.25.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH opened at $78.27 on Wednesday. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 27.76, a P/E/G ratio of 2.70 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. Wyndham Hotels & Resorts has a 1-year low of $65.63 and a 1-year high of $81.73. The stock’s 50-day moving average is $75.61 and its 200 day moving average is $74.02.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The firm had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.93 EPS. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.27 EPS for the current fiscal year.

Insider Transactions at Wyndham Hotels & Resorts

In related news, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Nicola Rossi sold 7,297 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the sale, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at approximately $315,006.90. The disclosure for this sale can be found here. Insiders sold 12,640 shares of company stock worth $974,351 over the last quarter. 2.79% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently made changes to their positions in WH. GAMMA Investing LLC lifted its position in shares of Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after buying an additional 207 shares in the last quarter. Blue Trust Inc. raised its position in Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares during the period. TFO Wealth Partners LLC raised its position in Wyndham Hotels & Resorts by 41,100.0% during the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after purchasing an additional 822 shares during the period. Family Firm Inc. purchased a new stake in Wyndham Hotels & Resorts during the second quarter valued at approximately $67,000. Finally, International Assets Investment Management LLC purchased a new stake in Wyndham Hotels & Resorts during the second quarter valued at approximately $70,000. Institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.