Wyndham Hotels & Resorts Inc (NYSE:WH) Forecasted to Post Q2 2020 Earnings of $0.90 Per Share

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Wyndham Hotels & Resorts Inc (NYSE:WH) – Jefferies Financial Group dropped their Q2 2020 earnings estimates for Wyndham Hotels & Resorts in a research note issued to investors on Thursday, October 17th. Jefferies Financial Group analyst D. Katz now anticipates that the company will post earnings of $0.90 per share for the quarter, down from their prior estimate of $0.91. Jefferies Financial Group also issued estimates for Wyndham Hotels & Resorts’ Q3 2020 earnings at $1.10 EPS, FY2020 earnings at $3.44 EPS, Q1 2021 earnings at $0.65 EPS, Q2 2021 earnings at $0.94 EPS and Q3 2021 earnings at $1.16 EPS.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Thursday, July 25th. The company reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.04. The company had revenue of $533.00 million during the quarter, compared to the consensus estimate of $532.61 million. Wyndham Hotels & Resorts had a net margin of 6.94% and a return on equity of 19.91%. Wyndham Hotels & Resorts’s quarterly revenue was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.73 EPS.

Other analysts also recently issued research reports about the stock. Robert W. Baird assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, August 21st. They issued an “outperform” rating and a $62.00 price objective for the company. JPMorgan Chase & Co. cut their price objective on shares of Wyndham Hotels & Resorts from $64.00 to $61.00 and set an “overweight” rating for the company in a report on Friday, September 6th. Barclays assumed coverage on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 2nd. They issued an “overweight” rating and a $72.00 price objective for the company. Zacks Investment Research downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Stifel Nicolaus set a $65.00 price objective on shares of Wyndham Hotels & Resorts and gave the company a “buy” rating in a report on Friday, August 16th. Two research analysts have rated the stock with a sell rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $65.38.

WH stock opened at $50.80 on Monday. The company has a market cap of $4.91 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 1.50 and a beta of 1.07. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.62. Wyndham Hotels & Resorts has a 12 month low of $43.03 and a 12 month high of $61.49. The firm has a 50-day moving average of $51.70 and a two-hundred day moving average of $54.32.

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $0.29 dividend. The ex-dividend date was Thursday, September 12th. This represents a $1.16 annualized dividend and a dividend yield of 2.28%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 42.80%.

In other news, Director Ronald L. Nelson purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, August 14th. The stock was acquired at an average price of $49.95 per share, with a total value of $499,500.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO David B. Wyshner purchased 2,000 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was purchased at an average cost of $50.37 per share, with a total value of $100,740.00. The disclosure for this purchase can be found here. In the last three months, insiders bought 22,000 shares of company stock valued at $1,102,840. Corporate insiders own 1.90% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Boston Partners boosted its position in Wyndham Hotels & Resorts by 21.6% in the 2nd quarter. Boston Partners now owns 6,947,760 shares of the company’s stock valued at $387,501,000 after buying an additional 1,232,708 shares during the period. JPMorgan Chase & Co. boosted its position in Wyndham Hotels & Resorts by 12.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,591,788 shares of the company’s stock valued at $144,881,000 after buying an additional 295,411 shares during the period. Bessemer Group Inc. boosted its position in Wyndham Hotels & Resorts by 0.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,560,951 shares of the company’s stock valued at $142,746,000 after buying an additional 11,481 shares during the period. Invesco Ltd. boosted its position in Wyndham Hotels & Resorts by 114.7% in the 2nd quarter. Invesco Ltd. now owns 1,268,421 shares of the company’s stock valued at $70,702,000 after buying an additional 677,607 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its position in Wyndham Hotels & Resorts by 14.5% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 787,832 shares of the company’s stock valued at $43,914,000 after buying an additional 99,512 shares during the period. 91.93% of the stock is owned by hedge funds and other institutional investors.

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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Earnings History and Estimates for Wyndham Hotels & Resorts (NYSE:WH)

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