Equities analysts expect Wyndham Worldwide Co. (NYSE:WYN) to post $1.23 billion in sales for the current quarter, according to Zacks. Three analysts have provided estimates for Wyndham Worldwide’s earnings, with the lowest sales estimate coming in at $1.22 billion and the highest estimate coming in at $1.25 billion. Wyndham Worldwide posted sales of $1.32 billion in the same quarter last year, which suggests a negative year over year growth rate of 6.8%. The company is scheduled to report its next quarterly earnings report on Wednesday, April 25th.
On average, analysts expect that Wyndham Worldwide will report full year sales of $1.23 billion for the current financial year, with estimates ranging from $5.35 billion to $5.36 billion. For the next fiscal year, analysts expect that the firm will report sales of $5.97 billion per share, with estimates ranging from $5.65 billion to $6.29 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Wyndham Worldwide.
Wyndham Worldwide (NYSE:WYN) last released its quarterly earnings data on Wednesday, February 14th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.14. Wyndham Worldwide had a return on equity of 92.39% and a net margin of 15.35%. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the company posted $1.35 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis.
In other Wyndham Worldwide news, VP Scott G. Mclester sold 15,381 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $115.00, for a total transaction of $1,768,815.00. Following the transaction, the vice president now owns 8,917 shares in the company, valued at $1,025,455. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Geoffrey A. Ballotti sold 8,968 shares of the stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $114.73, for a total value of $1,028,898.64. Following the transaction, the chief executive officer now owns 137,784 shares in the company, valued at approximately $15,807,958.32. The disclosure for this sale can be found here. In the last quarter, insiders have sold 34,891 shares of company stock worth $4,042,356. Corporate insiders own 2.39% of the company’s stock.
A number of hedge funds have recently made changes to their positions in WYN. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Wyndham Worldwide in the fourth quarter valued at approximately $297,000. Xact Kapitalforvaltning AB boosted its position in shares of Wyndham Worldwide by 4.0% in the fourth quarter. Xact Kapitalforvaltning AB now owns 32,325 shares of the company’s stock valued at $3,745,000 after acquiring an additional 1,238 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in shares of Wyndham Worldwide by 83.2% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 104,418 shares of the company’s stock valued at $12,099,000 after acquiring an additional 47,419 shares during the period. We Are One Seven LLC bought a new stake in shares of Wyndham Worldwide in the fourth quarter valued at approximately $171,000. Finally, OLD Mutual Customised Solutions Proprietary Ltd. boosted its position in shares of Wyndham Worldwide by 47.8% in the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 6,800 shares of the company’s stock valued at $788,000 after acquiring an additional 2,200 shares during the period. Institutional investors own 92.98% of the company’s stock.
Wyndham Worldwide (NYSE WYN) opened at $118.91 on Tuesday. Wyndham Worldwide has a twelve month low of $81.16 and a twelve month high of $127.96. The company has a market capitalization of $12,050.00, a P/E ratio of 30.81 and a beta of 1.38. The company has a quick ratio of 1.03, a current ratio of 1.17 and a debt-to-equity ratio of 6.44.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 2.22%. The ex-dividend date is Wednesday, March 14th. This is an increase from Wyndham Worldwide’s previous quarterly dividend of $0.58. Wyndham Worldwide’s dividend payout ratio (DPR) is 60.10%.
About Wyndham Worldwide
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Wyndham Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.