Wyndham Destinations (NYSE:WYND) Expected to Announce Earnings of $1.52 Per Share

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Brokerages predict that Wyndham Destinations (NYSE:WYND) will report $1.52 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Wyndham Destinations’ earnings. The highest EPS estimate is $1.67 and the lowest is $1.45. Wyndham Destinations posted earnings per share of $1.47 in the same quarter last year, which would suggest a positive year over year growth rate of 3.4%. The business is expected to announce its next earnings report before the market opens on Wednesday, October 30th.

On average, analysts expect that Wyndham Destinations will report full-year earnings of $5.52 per share for the current year, with EPS estimates ranging from $5.48 to $5.58. For the next fiscal year, analysts anticipate that the company will post earnings of $5.99 per share, with EPS estimates ranging from $5.80 to $6.30. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Wyndham Destinations.

Wyndham Destinations (NYSE:WYND) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $1.45 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.09. Wyndham Destinations had a negative return on equity of 90.37% and a net margin of 11.67%. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the firm posted $1.25 earnings per share. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year.

WYND has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on Wyndham Destinations from $45.00 to $47.00 and gave the company a “neutral” rating in a research note on Friday, September 6th. Jefferies Financial Group set a $62.00 price objective on Wyndham Destinations and gave the company a “buy” rating in a research note on Friday, August 30th. SunTrust Banks set a $75.00 price objective on Wyndham Destinations and gave the company a “buy” rating in a research note on Wednesday, July 31st. Zacks Investment Research cut Wyndham Destinations from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Nomura raised their price objective on Wyndham Destinations from $55.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $57.63.

In related news, insider Michael Dean Brown bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The shares were bought at an average price of $40.16 per share, with a total value of $200,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director George Herrera sold 1,904 shares of Wyndham Destinations stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $48.70, for a total value of $92,724.80. In the last ninety days, insiders have sold 15,007 shares of company stock worth $667,440. 1.59% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in WYND. Poehling Capital Management LLC purchased a new position in shares of Wyndham Destinations during the first quarter valued at approximately $335,000. OppenheimerFunds Inc. purchased a new position in shares of Wyndham Destinations during the first quarter valued at approximately $13,773,000. First Eagle Investment Management LLC purchased a new position in shares of Wyndham Destinations during the first quarter valued at approximately $68,653,000. Neuberger Berman Group LLC purchased a new position in shares of Wyndham Destinations during the first quarter valued at approximately $36,396,000. Finally, Mork Capital Management LLC purchased a new position in shares of Wyndham Destinations during the first quarter valued at approximately $854,000. 88.35% of the stock is currently owned by institutional investors.

Wyndham Destinations stock traded down $0.01 during mid-day trading on Wednesday, reaching $44.05. The stock had a trading volume of 17,835 shares, compared to its average volume of 802,297. Wyndham Destinations has a fifty-two week low of $33.55 and a fifty-two week high of $49.75. The stock’s 50-day simple moving average is $45.07 and its 200-day simple moving average is $43.49. The firm has a market capitalization of $4.11 billion, a PE ratio of 9.38, a price-to-earnings-growth ratio of 2.02 and a beta of 1.54.

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, September 12th. This represents a $1.80 annualized dividend and a dividend yield of 4.09%. Wyndham Destinations’s payout ratio is 38.38%.

About Wyndham Destinations

Wyndham Destinations, Inc operates as a vacation ownership and exchange company in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Rentals. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts.

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Earnings History and Estimates for Wyndham Destinations (NYSE:WYND)

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