As of June 27, 2023, Morgan Stanley analyst Stephen Gengaro maintains his Overweight rating on Wyndham Hotels & Resorts (NYSE: WH ), but has revised his price target to $80, which is lower than his previous estimate. it was $92. .
Currently, the 13 analysts that have provided price forecasts for Wyndham Hotels & Resorts have an average price target of $87.00. The highest estimate is $99.00, while the lowest is $77.00.
Looking at 12-month prices from 8 analysts, the low estimate is $79.00, which is an increase of 18.92%. The average forecast is $87.88, which is a significant increase of 32.28%. Unfortunately, the big prediction was not mentioned.
Based on the analyst consensus, Wyndham Hotels & Resorts is expected to have a 31.2% gain from its current price of $66.43, with a forecast price of $87.14.
Company Profile Wyndham Hotels & Resorts, Inc.
Shopping in bulk
The average $88.00
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|Analyst / firm||Standard|
|Morgan Stanley||Buy it|
|Morgan Stanley||Buy it|
WH Stock Opens Slightly Higher, Expected Earnings Growth Good Sign for Investors
On June 27, 2023, WH stock opened at 66.54, slightly higher than the previous closing price of 66.01. The stock’s daily range was 66.00 to 67.07, with a volume of 70. WH’s market cap is $5.7B.
WH has shown impressive growth over the past year, with a growth rate of +50.49%. However, this year’s profit growth is only +1.23%, which is less than expected. Economic growth for the next five years is expected to be +8.86%, which is a good sign for investors.
WH’s economic growth in the last year was -4.28%. The P/E ratio of the stock is 18.6, which is very low and indicates that the stock is not expensive.
WH is a customer service company in the hotel/resort/cruise industry. The company’s profit margin is 23.70%. WH is located in Parsippany, New Jersey.
WH’s next report date is July 26, 2023, and the EPS forecast for the quarter is $0.95. The company’s annual revenue last year was $1.5B, and annual profit was $355.0M.
Overall, even though WH’s trading day was a bit rough, the company’s growth prospects over the next five years are a good sign for investors. A company’s low P/E ratio also indicates that the stock is not cheap. However, the slowdown in revenue growth over the past year is a concern and something that investors should keep an eye on.
Wyndham Hotels & Resorts Inc (WH) stock forecast: Analysts predict 34.76 % in value by 2024
On June 27, 2023, Wyndham Hotels & Resorts Inc (WH) had an average price of 88.94 based on 11 analysts providing 12-month price forecasts, with a high estimate of 96.00 and a low estimate of 79.00. This represents an increase of 34.76% from the last price of 66.00.
Investors have a buy ratio in the WH, and the number has been stable since June. WH’s most recent earnings per share were $0.95, on sales of $369.5 million. The reporting date for these statistics is July 26, 2023.
Overall, WH stock as of June 27, 2023, indicates that investors are optimistic about the company’s future. The average price of 88.94 indicates that analysts expect the stock to increase in value by one third of the next year.
Investors should keep an eye on the upcoming WH report on July 26, 2023, as this will provide insight into the company’s financial performance and financial growth. If WH can meet or exceed market expectations, this could increase investor confidence and raise the stock price.