Is It Time To Review Stock News? Wyndham Hotels & Resorts (NYSE:WH)

Is It Time To Review Stock News? Wyndham Hotels & Resorts (NYSE:WH)

Wyndham Hotels & Resorts (NYSE:WH) spotted trading -19.26% off 52-week high price. On the other end, the stock has been noted 15.38% away from the low price over the last 52-weeks. The stock changed -8.43% to recent value of $49.65. The stock transacted 2439690 shares during most recent day however it has an average volume of 949.63K shares. The company has 97.14M of outstanding shares and 94.73M shares were floated in the market.

On Aug. 14, 2019, Wyndham Hotels & Resorts (NYSE:WH) declared that its Board of Directors has increased the Company’s share repurchase authorization by $300 million, giving the Company $386 million of available repurchase authorization from July 1 going forward.  The Company’s Board of Directors also declared a quarterly cash dividend.

Since becoming an independent public company in June 2018, we have repurchased more than $200 million of our common shares, said Geoffrey A. Ballotti, chief executive officer. We remain committed to returning a significant portion of our cash flow to our shareholders through dividends and buybacks, while maintaining flexibility to execute on our strategic growth initiatives.

The amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. Repurchases may be conducted in the open market or in privately negotiated transactions.

The Board of Directors also declared a quarterly cash dividend of $0.29 per share on its common stock, payable September 30, 2019 to shareholders of record as of September 13, 2019.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 817,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards loyalty program offers over 77 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally.

Its earnings per share (EPS) expected to touch remained 9.00% for this year while earning per share for the next 5-years is expected to reach at 11.90%. WH has a gross margin of 40.10% and an operating margin of 13.90% while its profit margin remained 6.90% for the last 12 months.

According to the most recent quarter its current ratio was 1.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of -12.29% from the mean of 20 days, -13.02% from mean of 50 days SMA and performed -5.10% from mean of 200 days price. Company’s performance for the week was -7.39%, -18.82% for month and YTD performance remained 9.43%.

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William Payton

William Payton possesses over 7 years of investment experience, an M.B.A. from California State University, and is also certified in Risk Management Assurance. He is a self-taught investor and follows the value investing approach to picking stocks. William has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site. William is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. Address: 4831 Elk Street, Irvine, California, USA Phone number: 949-757-9251 Email: William@surveypaid.info 

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