Wyndham Worldwide (NYSE:WYN) is scheduled to announce its earnings results before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $1.33 per share for the quarter. Wyndham Worldwide has set its FY18 guidance at $6.90-7.05 EPS.
Wyndham Worldwide (NYSE:WYN) last issued its quarterly earnings data on Wednesday, February 14th. The company reported $1.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.14. Wyndham Worldwide had a return on equity of 92.39% and a net margin of 15.35%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the firm posted $1.35 earnings per share. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, analysts expect Wyndham Worldwide to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Shares of NYSE WYN opened at $111.78 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 1.03 and a debt-to-equity ratio of 6.44. Wyndham Worldwide has a 1-year low of $87.06 and a 1-year high of $127.96. The company has a market cap of $10,975.57, a price-to-earnings ratio of 20.32 and a beta of 1.34.
Several equities research analysts have weighed in on WYN shares. Stifel Nicolaus boosted their price objective on Wyndham Worldwide from $113.00 to $123.00 in a research note on Friday, January 5th. They noted that the move was a valuation call. Zacks Investment Research raised Wyndham Worldwide from a “hold” rating to a “buy” rating and set a $130.00 price objective on the stock in a research note on Tuesday, March 20th. SunTrust Banks boosted their price objective on Wyndham Worldwide to $131.00 and gave the stock a “buy” rating in a research note on Thursday, February 15th. ValuEngine raised Wyndham Worldwide from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Jefferies Group started coverage on Wyndham Worldwide in a research note on Friday, January 19th. They set a “buy” rating and a $202.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $129.22.
In other news, Director George Herrera sold 270 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $121.76, for a total transaction of $32,875.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Myra J. Biblowit sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $121.00, for a total value of $302,500.00. Following the transaction, the director now directly owns 7,924 shares in the company, valued at approximately $958,804. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,510 shares of company stock worth $2,273,541. Insiders own 2.18% of the company’s stock.
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About Wyndham Worldwide
Wyndham Worldwide Corporation provides hospitality services and products to individual and business customers worldwide. It operates through three segments: Hotel Group, Destination Network, and Vacation Ownership. The Hotel Group segment primarily franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments, as well as provides property management services for full-service and select limited-service hotels.
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