Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $110.00 at Susquehanna

Wyndham Hotels & Resorts (NYSE:WH) had its price target raised by Susquehanna from $80.00 to $110.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on WH. JPMorgan Chase & Co. boosted their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Truist Financial upped their price objective on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a research note on Wednesday, February 19th. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. The Goldman Sachs Group lifted their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, Stifel Nicolaus increased 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 note on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $116.80.

Wyndham Hotels & Resorts Trading Down 0.8 %

Shares of NYSE WH opened at $106.33 on Tuesday. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $8.27 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 1.87 and a beta of 1.29. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07. The business has a 50 day simple moving average of $104.20 and a 200 day simple moving average of $92.46.

Wyndham Hotels & Resorts (NYSE:WH) last posted 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%. On average, research analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Institutional Trading of Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently modified their holdings of WH. Forum Financial Management LP acquired a new stake in Wyndham Hotels & Resorts in the fourth quarter worth $232,000. Public Employees Retirement System of Ohio grew its stake in Wyndham Hotels & Resorts by 71.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 49,616 shares of the company’s stock valued at $5,001,000 after acquiring an additional 20,670 shares during the period. Burgundy Asset Management Ltd. raised its position in shares of Wyndham Hotels & Resorts by 1.7% during the fourth quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company’s stock worth $231,947,000 after purchasing an additional 37,832 shares during the period. Castleark Management LLC bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at about $6,556,000. Finally, State of Wyoming acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter valued at approximately $69,000. 93.46% of the stock is owned by institutional investors.

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.