Wyndham Hotels & Resorts Inc (NYSE:WH) – Investment analysts at Jefferies Financial Group lowered their Q3 2019 earnings estimates for Wyndham Hotels & Resorts in a research note issued on Tuesday, April 30th. Jefferies Financial Group analyst D. Katz now anticipates that the company will post earnings per share of $1.04 for the quarter, down from their prior estimate of $1.05. Jefferies Financial Group has a “Buy” rating and a $72.00 price target on the stock. Jefferies Financial Group also issued estimates for Wyndham Hotels & Resorts’ Q4 2019 earnings at $0.87 EPS, Q1 2020 earnings at $0.49 EPS, Q2 2020 earnings at $1.02 EPS, Q3 2020 earnings at $1.20 EPS, Q4 2020 earnings at $0.96 EPS and FY2020 earnings at $3.68 EPS.
Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Tuesday, April 30th. The company reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.06. Wyndham Hotels & Resorts had a return on equity of 18.57% and a net margin of 7.03%. The company had revenue of $468.00 million for the quarter, compared to analysts’ expectations of $448.71 million. During the same period in the previous year, the firm earned $0.55 EPS. The firm’s revenue was up 55.0% compared to the same quarter last year.
NYSE WH opened at $56.58 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.23 and a current ratio of 1.23. Wyndham Hotels & Resorts has a 12 month low of $43.03 and a 12 month high of $66.95. The company has a market capitalization of $5.43 billion and a P/E ratio of 20.88.
Large investors have recently added to or reduced their stakes in the stock. Enlightenment Research LLC purchased a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $27,000. First Financial Corp IN purchased a new stake in Wyndham Hotels & Resorts during the 1st quarter valued at $30,000. Oregon Public Employees Retirement Fund raised its holdings in Wyndham Hotels & Resorts by 4,437.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,794,202 shares of the company’s stock valued at $40,000 after buying an additional 1,754,656 shares during the period. We Are One Seven LLC purchased a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $67,000. Finally, Princeton Global Asset Management LLC purchased a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $181,000. Institutional investors own 92.46% of the company’s stock.
In other news, insider Stephen P. Holmes sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $53.47, for a total transaction of $1,336,750.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Nicola Rossi sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 13th. The stock was sold at an average price of $52.00, for a total value of $52,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 30,000 shares of company stock worth $1,609,150 over the last ninety days. Insiders own 1.90% of the company’s stock.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.
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