Wyndham Hotels & Resorts (WH)

• Market cap: $7.53B
• 1 day: 0.10%
• 5 days: -0.09%
• 1 month: 19.10%
• 3 months: 29.71%
• 6 months: 38.37%
• Year to date: 20.58%
• 1 year: 26.03%
• 5 years: 74.46%
• 10 years: 48.91%
• Sector: Consumer Discretionary
• Industry: Hotels & Motels

About: As of Dec. 31, 2023, Wyndham Hotels & Resorts operates 872,000 rooms across more than 20 brands predominantly in the economy and midscale segments. Super 8 is the largest brand, representing around 19% of all rooms, with Days Inn (13%) and Ramada (14%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands, which appeal to travelers seeking to experience the local culture of a given location. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents 57% of total rooms.

Employees: 2,300

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2% more capital invested

Capital invested by funds: $5.71B [Q2] → $5.81B (+$105M) [Q3]

7% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 56

1% less funds holding

Funds holding: 396 [Q2] → 392 (-4) [Q3]

1.49% less ownership

Funds ownership: 95.74% [Q2] → 94.25% (-1.49%) [Q3]

19% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 149

36% less call options, than puts

Call options by funds: $5.5M | Put options by funds: $8.6M

57% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 3 (-4) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $92 5% downside
• Avg. target: $101 4% upside
• High target: $115 19% upside

7 analyst ratings

• positive: 7 100%
• neutral: 0 0%
• negative: 0 0%

Oppenheimer Ian Zaffino 67% 1-year accuracy 18 / 27 met price target	19% upside $115	Outperform Maintained	12 Nov 2024
Barclays Brandt Montour 60% 1-year accuracy 44 / 73 met price target	3% upside $100	Overweight Maintained	25 Oct 2024
Truist Securities Patrick Scholes 77% 1-year accuracy 27 / 35 met price target	8% upside $105	Buy Maintained	25 Oct 2024
Baird Michael Bellisario 93% 1-year accuracy 14 / 15 met price target	0% upside $97	Outperform Maintained	25 Oct 2024
Stifel Simon Yarmak 57% 1-year accuracy 17 / 30 met price target	5% downside $92	Buy Maintained	24 Oct 2024