According to Zacks, “Owing to international expansion, Wyndham is exposed to headwinds in the regions where it operates. Lingering political uncertainty in Brazil and Africa, macroeconomic issues in Venezuela and an economic slowdown in China may keep revenues under pressure. Also, in Europe, the economic/political conditions are expected to be challenging post Brexit. Moreover, the company expects soft demand in the oil-producing regions – mainly including parts of Texas, Louisiana, Oklahoma and West Virginia – to continue to hurt RevPAR. However, the company’s strong developmental pipeline, consistent expansion plans and robust marketing efforts should boost earnings going ahead. Also, the company has mostly positive of earnings surprises in recent quarters. Still, volatility in exchange rates might continue to hurt results as it has been doing over the past few quarters.”
Several other equities analysts have also recently weighed in on WYN. Deutsche Bank AG reissued a hold rating on shares of Wyndham Worldwide Corp. in a research report on Sunday, June 26th. Wolfe Research started coverage on Wyndham Worldwide Corp. in a research report on Wednesday, July 6th. They set an outperform rating for the company. Telsey Advisory Group cut their price objective on Wyndham Worldwide Corp. from $95.00 to $94.00 and set an outperform rating for the company in a research report on Thursday, July 28th. MKM Partners reissued a buy rating on shares of Wyndham Worldwide Corp. in a research report on Thursday, July 28th. Finally, Goldman Sachs Group Inc. initiated coverage on Wyndham Worldwide Corp. in a report on Monday. They issued a neutral rating and a $72.00 price target for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $80.11.
Shares of Wyndham Worldwide Corp. (NYSE:WYN) opened at 67.35 on Tuesday. The firm has a market cap of $7.40 billion, a price-to-earnings ratio of 13.32 and a beta of 1.30. Wyndham Worldwide Corp. has a 52 week low of $60.59 and a 52 week high of $82.99. The firm’s 50-day moving average price is $69.51 and its 200-day moving average price is $71.43.
Wyndham Worldwide Corp. (NYSE:WYN) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.03. Wyndham Worldwide Corp. had a return on equity of 67.58% and a net margin of 10.43%. The business earned $1.40 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the firm earned $1.32 EPS. The firm’s revenue was up .4% compared to the same quarter last year. Equities research analysts expect that Wyndham Worldwide Corp. will post $5.73 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Stockholders of record on Friday, August 26th were paid a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, August 24th. This represents a $2.00 annualized dividend and a dividend yield of 2.97%. Wyndham Worldwide Corp.’s dividend payout ratio is currently 39.60%.
In other news, Director George Herrera sold 463 shares of the company’s stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $71.71, for a total value of $33,201.73. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 2.03% of the stock is owned by insiders.
Several large investors have recently added to or reduced their stakes in WYN. IFP Advisors Inc raised its stake in Wyndham Worldwide Corp. by 0.3% in the first quarter. IFP Advisors Inc now owns 1,370 shares of the company’s stock valued at $105,000 after buying an additional 4 shares in the last quarter. Brinker Capital Inc. raised its stake in Wyndham Worldwide Corp. by 0.3% in the second quarter. Brinker Capital Inc. now owns 8,918 shares of the company’s stock valued at $635,000 after buying an additional 27 shares in the last quarter. CIBC World Markets Inc. raised its stake in Wyndham Worldwide Corp. by 0.6% in the second quarter. CIBC World Markets Inc. now owns 6,751 shares of the company’s stock valued at $481,000 after buying an additional 43 shares in the last quarter. Ifrah Financial Services Inc. raised its stake in Wyndham Worldwide Corp. by 1.9% in the second quarter. Ifrah Financial Services Inc. now owns 2,824 shares of the company’s stock valued at $201,000 after buying an additional 54 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Wyndham Worldwide Corp. by 0.5% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 16,897 shares of the company’s stock valued at $1,204,000 after buying an additional 79 shares in the last quarter. Institutional investors own 97.76% of the company’s stock.
Wyndham Worldwide Corp. Company Profile
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: Hotel Group, Destination Network and Vacation Ownership. The Hotel Group segment has approximately 7,800 hotels and over 678,000 hotel rooms around the world.
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