Positive News Coverage Somewhat Unlikely to Impact Wyndham Worldwide (WYN) Stock Price

Media headlines about Wyndham Worldwide (NYSE:WYN) have trended positive on Saturday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Wyndham Worldwide earned a news impact score of 0.26 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.993885572099 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Wyndham Worldwide (WYN) traded up $1.04 on Friday, reaching $117.93. The company’s stock had a trading volume of 987,721 shares, compared to its average volume of 862,666. The stock has a market capitalization of $11,950.00, a price-to-earnings ratio of 21.17 and a beta of 1.36. The company has a debt-to-equity ratio of 9.00, a quick ratio of 0.81 and a current ratio of 0.96. Wyndham Worldwide has a 1-year low of $75.80 and a 1-year high of $117.96.

Wyndham Worldwide (NYSE:WYN) last issued its earnings results on Wednesday, October 25th. The company reported $2.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.02 by $0.01. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.67 billion. Wyndham Worldwide had a return on equity of 97.31% and a net margin of 10.20%. Wyndham Worldwide’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.89 earnings per share. equities research analysts anticipate that Wyndham Worldwide will post 6.04 EPS for the current year.

Wyndham Worldwide announced that its Board of Directors has initiated a stock buyback program on Wednesday, October 25th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Several research analysts recently weighed in on the stock. Stifel Nicolaus upped their price objective on shares of Wyndham Worldwide from $113.00 to $123.00 in a research report on Friday, January 5th. They noted that the move was a valuation call. Macquarie assumed coverage on shares of Wyndham Worldwide in a research report on Friday, January 5th. They issued an “underperform” rating on the stock. ValuEngine upgraded shares of Wyndham Worldwide from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded shares of Wyndham Worldwide from a “sell” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, Wolfe Research upgraded shares of Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a research report on Thursday, December 21st. One analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. Wyndham Worldwide has a consensus rating of “Hold” and a consensus price target of $110.14.

In other Wyndham Worldwide news, Director George Herrera sold 311 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $105.82, for a total value of $32,910.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Scott G. Mclester sold 15,381 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $115.00, for a total value of $1,768,815.00. Following the completion of the sale, the vice president now directly owns 8,917 shares of the company’s stock, valued at approximately $1,025,455. The disclosure for this sale can be found here. 2.39% of the stock is owned by corporate insiders.

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About Wyndham Worldwide

Wyndham Worldwide Corporation is a hospitality company. The Company offers a range of hospitality services and products through its global portfolio of brands. The Company operates through three segments: Wyndham Hotel Group, Wyndham Destination Network and Wyndham Vacation Ownership. The Company’s brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.

Insider Buying and Selling by Quarter for Wyndham Worldwide (NYSE:WYN)

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