Wyndham Worldwide Corp (NYSE:WYN) Scheduled to Post Quarterly Earnings on Thursday
Wyndham Worldwide Corp (NYSE:WYN) is scheduled to issue its quarterly earnings data before the market opens on Thursday, August 3rd. Analysts expect the company to announce earnings of $1.49 per share for the quarter.
Wyndham Worldwide Corp (NYSE:WYN) last released its quarterly earnings results on Wednesday, April 26th. The company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.03. Wyndham Worldwide Corp had a return on equity of 85.08% and a net margin of 11.70%. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the prior year, the firm posted $1.12 EPS. The company’s revenue was up 1.2% compared to the same quarter last year. On average, analysts expect Wyndham Worldwide Corp to post $6.18 EPS for the current fiscal year and $7.00 EPS for the next fiscal year.
Wyndham Worldwide Corp (NYSE WYN) opened at 103.61 on Thursday. The firm’s 50 day moving average price is $101.92 and its 200-day moving average price is $90.77. The stock has a market cap of $10.80 billion, a price-to-earnings ratio of 17.14 and a beta of 1.33. Wyndham Worldwide Corp has a 52 week low of $62.60 and a 52 week high of $105.63.
In related news, Director George Herrera sold 345 shares of the company’s stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $96.02, for a total transaction of $33,126.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.39% of the company’s stock.
Several equities analysts have recently weighed in on the company. J P Morgan Chase & Co reissued an “overweight” rating and set a $97.00 target price (up previously from $94.00) on shares of Wyndham Worldwide Corp in a research report on Monday, April 17th. BidaskClub raised Wyndham Worldwide Corp from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 22nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $110.00 price objective (up previously from $108.00) on shares of Wyndham Worldwide Corp in a research report on Thursday, June 22nd. Zacks Investment Research raised Wyndham Worldwide Corp from a “sell” rating to a “hold” rating in a research report on Friday, April 28th. Finally, Wolfe Research downgraded Wyndham Worldwide Corp from a “market perform” rating to an “underperform” rating in a research report on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $93.40.
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About Wyndham Worldwide Corp
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: Wyndham Hotel Group, Wyndham Destination Network and Wyndham Vacation Ownership. The Company’s brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.
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