The Goldman Sachs Group Has Lowered Expectations for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH) had its price target decreased by equities researchers at The Goldman Sachs Group from $124.00 to $108.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s target price indicates a potential upside of 29.47% from the company’s current price.

Other research analysts have also recently issued research reports about the company. Susquehanna increased their price objective on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Robert W. Baird raised their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. Jefferies Financial Group dropped their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Morgan Stanley lifted their price target on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.67.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $83.42 on Monday. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07. The company has a market capitalization of $6.46 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 1.87 and a beta of 1.11. The company has a 50-day simple moving average of $96.18 and a 200 day simple moving average of $95.92. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. On average, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of WH. Mutual of America Capital Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 17.3% during the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock valued at $17,533,000 after purchasing an additional 25,702 shares during the last quarter. CIBC Asset Management Inc bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $248,000. Bessemer Group Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 24,953.8% during the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock worth $134,414,000 after buying an additional 1,328,292 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Wyndham Hotels & Resorts by 91.9% in the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after acquiring an additional 14,688 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $28,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.