Share on StockTwits

Equities research analysts at MKM Partners raised their price objective on shares of Wyndham Worldwide (NYSE:WYN) from $82.00 to $96.00 in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. MKM Partners’ target price suggests a potential upside of 25.77% from the company’s current price.

In other Wyndham Worldwide news, CFO Thomas G. Conforti sold 28,659 shares of Wyndham Worldwide stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $78.25, for a total value of $2,242,566.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of other analysts have also recently weighed in on WYN. Analysts at Zacks reiterated a “neutral” rating on shares of Wyndham Worldwide in a research note on Monday, July 28th. They now have a $82.00 price target on the stock. Separately, analysts at JMP Securities reiterated a “market outperform” rating on shares of Wyndham Worldwide in a research note on Friday, July 25th. They now have a $90.00 price target on the stock, up previously from $84.00. Finally, analysts at FBR Capital Markets raised their price target on shares of Wyndham Worldwide from $85.00 to $87.00 in a research note on Friday, July 25th. They now have an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Wyndham Worldwide has a consensus rating of “Buy” and an average target price of $82.09.

Shares of Wyndham Worldwide (NYSE:WYN) traded up 2.99% on Monday, hitting $78.61. The stock had a trading volume of 654,031 shares. Wyndham Worldwide has a 52-week low of $58.00 and a 52-week high of $78.98. The stock has a 50-day moving average of $76.17 and a 200-day moving average of $73.26. The company has a market cap of $9.826 billion and a price-to-earnings ratio of 19.34.

Wyndham Worldwide (NYSE:WYN) last posted its quarterly earnings results on Thursday, July 24th. The company reported $1.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.14 by $0.03. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the company posted $0.98 earnings per share. Wyndham Worldwide’s revenue was up 7.2% compared to the same quarter last year. On average, analysts predict that Wyndham Worldwide will post $4.42 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 5th. Investors of record on Thursday, August 21st will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Tuesday, August 19th.

Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers an array of hospitality services and products across various accommodation alternatives and price ranges through its portfolio of brands.

Receive News & Ratings for Wyndham Worldwide Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Worldwide Co and related companies with Analyst Ratings Network's FREE daily email newsletter.