In the last trading session, 5.61 million shares of the Wyndham Hotels & Resorts Inc. (NYSE:WH) were traded, and its beta was 1.40. Most recently the company’s share price was $69.01, and it changed around $3.36 or 5.12% from the last close, which brings the market valuation of the company to $5.99B. WH currently trades at a discount to its 52-week high of $82.04, offering almost -18.88% off that amount. The share price’s 52-week low was $58.81, which indicates that the current value has risen by an impressive 14.78% since then. We note from Wyndham Hotels & Resorts Inc.’s average daily trading volume that its 10-day average is 1.45 million shares, with the 3-month average coming to 996.54K.
Wyndham Hotels & Resorts Inc. stock received a consensus recommendation rating of a Buy, based on a mean score of 1.60. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended WH as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Wyndham Hotels & Resorts Inc. is expected to report earnings per share of $0.95 for the current quarter.
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Wyndham Hotels & Resorts Inc. (NYSE:WH) trade information
Instantly WH has showed a green trend with a performance of 5.12% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 73.90 on Tuesday, 05/23/23 increased the stock’s daily price by 6.62%. The company’s shares are currently down -3.23% year-to-date, but still up 5.92% over the last five days. On the other hand, Wyndham Hotels & Resorts Inc. (NYSE:WH) is 0.10% up in the 30-day period. We can see from the shorts that 2.4 million shares have been sold at a short interest cover period of 2.29 day(s).
The consensus price target as assigned by Wall Street analysts is $87.80, which translates to bulls needing to increase their stock price by 21.4% from its current value. Analyst projections state that WH is forecast to be at a low of $79.00 and a high of $96.00. In order for the stock price to hit the forecast high, the stock would need to plunge -39.11% from its current level, while the stock would need to crash -14.48% from its current level to reach the projected low.
Wyndham Hotels & Resorts Inc. (WH) estimates and forecasts
Wyndham Hotels & Resorts Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -5.83 percent over the past six months and at a 1.52% annual growth rate that is well below the industry average of 18.00%. Moreover, analysts have decided to roll up on their fiscal year 2023 revenue estimates. The rating firms predict that it will loss -11.20% in revenue this quarter, and will report an increase of 5.00% in the next quarter. The year-over-year growth rate is expected to be -6.60%, down from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of $369.57 million in revenue for the current quarter. 8 analysts expect Wyndham Hotels & Resorts Inc. to make $397.72 million in revenue for the quarter ending Sep 2023. The company’s sales for the same quarters a year ago were $386 million and $379 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -4.30%. Forecasts for the next quarter put sales growth at 4.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 21.90%. Wyndham Hotels & Resorts Inc. earnings are expected to increase by 50.50% in 2023, but the outlook is positive 9.10% per year for the next five years.
WH Dividends
Wyndham Hotels & Resorts Inc.’s next quarterly earnings report is expected to be released around July 24 and July 28. The annual dividend yield of the stock is 2.03 percent and its annual dividend per share was 1.40. It is important to note, however, that the 2.03% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Wyndham Hotels & Resorts Inc. (NYSE:WH)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.99% of Wyndham Hotels & Resorts Inc. shares, and 95.09% of them are in the hands of institutional investors. The stock currently has a share float of 97.02%. Wyndham Hotels & Resorts Inc. stock is held by 544 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Mar 30, 2023, it held 9.48% of the shares, which is about 8.14 million shares worth $552.5 million.
Blackrock Inc., with 9.17% or 7.87 million shares worth $533.97 million as of Mar 30, 2023, holds the second largest percentage of outstanding shares.
Smallcap World Fund and iShares Core S&P Midcap ETF were the top two Mutual Funds as of Dec 30, 2022. The former held 3.23 million shares worth $230.09 million, making up 3.74% of all outstanding shares. On the other hand, iShares Core S&P Midcap ETF held roughly 2.75 million shares worth around $211.85 million, which represents about 3.19% of the total shares outstanding.