$2.05 EPS Expected for Wyndham Worldwide Corp (NYSE:WYN) This Quarter
Wall Street brokerages expect that Wyndham Worldwide Corp (NYSE:WYN) will announce earnings per share of $2.05 for the current quarter, Zacks reports. Five analysts have issued estimates for Wyndham Worldwide Corp’s earnings, with the highest EPS estimate coming in at $2.18 and the lowest estimate coming in at $1.98. Wyndham Worldwide Corp posted earnings per share of $1.89 during the same quarter last year, which indicates a positive year-over-year growth rate of 8.5%. The company is expected to announce its next quarterly earnings report on Wednesday, October 25th.
According to Zacks, analysts expect that Wyndham Worldwide Corp will report full-year earnings of $6.19 per share for the current year, with EPS estimates ranging from $6.15 to $6.26. For the next fiscal year, analysts anticipate that the company will post earnings of $6.93 per share, with EPS estimates ranging from $6.53 to $7.27. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Wyndham Worldwide Corp.
Wyndham Worldwide Corp (NYSE:WYN) last issued its earnings results on Wednesday, August 2nd. The company reported $1.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.50 by $0.03. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.47 billion. Wyndham Worldwide Corp had a return on equity of 91.17% and a net margin of 10.17%. Wyndham Worldwide Corp’s revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.40 earnings per share.
Several equities analysts have recently issued reports on the stock. Buckingham Research assumed coverage on shares of Wyndham Worldwide Corp in a report on Monday, June 19th. They issued a “buy” rating and a $114.00 price target for the company. Stifel Nicolaus decreased their price target on shares of Wyndham Worldwide Corp from $108.00 to $90.00 and set a “buy” rating for the company in a report on Monday, May 1st. Telsey Advisory Group lowered shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price target for the company. in a report on Friday. Zacks Investment Research lowered shares of Wyndham Worldwide Corp from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, BidaskClub lowered shares of Wyndham Worldwide Corp from a “strong-buy” rating to a “buy” rating in a report on Friday, June 30th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $99.22.
Shares of Wyndham Worldwide Corp (NYSE WYN) opened at 103.34 on Tuesday. The stock has a 50 day moving average price of $102.49 and a 200 day moving average price of $91.67. The firm has a market cap of $10.77 billion, a PE ratio of 19.02 and a beta of 1.34. Wyndham Worldwide Corp has a 12 month low of $62.60 and a 12 month high of $105.86.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Friday, August 25th will be paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Wednesday, August 23rd. Wyndham Worldwide Corp’s payout ratio is presently 43.04%.
Several institutional investors have recently bought and sold shares of the company. IHT Wealth Management LLC increased its position in Wyndham Worldwide Corp by 15.9% in the first quarter. IHT Wealth Management LLC now owns 1,463 shares of the company’s stock worth $123,000 after buying an additional 201 shares in the last quarter. TrimTabs Asset Management LLC increased its position in Wyndham Worldwide Corp by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 1,598 shares of the company’s stock worth $135,000 after buying an additional 752 shares in the last quarter. Dubuque Bank & Trust Co. increased its position in Wyndham Worldwide Corp by 125.0% in the second quarter. Dubuque Bank & Trust Co. now owns 1,483 shares of the company’s stock worth $149,000 after buying an additional 824 shares in the last quarter. Pacer Advisors Inc. increased its position in Wyndham Worldwide Corp by 3.4% in the first quarter. Pacer Advisors Inc. now owns 1,987 shares of the company’s stock worth $167,000 after buying an additional 66 shares in the last quarter. Finally, Smithfield Trust Co. acquired a new position in Wyndham Worldwide Corp during the second quarter worth approximately $170,000. Institutional investors own 93.43% of the company’s stock.
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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: 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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