Wyndham Hotels & Resorts (WH)

• Market cap: $8.03B
• 1 day: 0.38%
• 5 days: 3.89%
• 1 month: -0.05%
• 3 months: 24.82%
• 6 months: 36.47%
• Year to date: 3.46%
• 1 year: 30.33%
• 5 years: 68.41%
• 10 years: 58.85%
• 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)

20% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 44

2% more capital invested

Capital invested by funds: $5.73B [Q2] → $5.84B (+$118M) [Q3]

1% more funds holding

Funds holding: 397 [Q2] → 400 (+3) [Q3]

1.29% less ownership

Funds ownership: 96.05% [Q2] → 94.76% (-1.29%) [Q3]

20% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 154

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

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

• Low target: $97 6% downside
• Avg. target: $111 8% upside
• High target: $120 16% upside

9 analyst ratings

• positive: 9 100%
• neutral: 0 0%
• negative: 0 0%

Wells Fargo Daniel Politzer 53% 1-year accuracy 28 / 53 met price target	10% upside $114	Overweight Upgraded	10 Jan 2025
Jefferies David Katz 50% 1-year accuracy 11 / 22 met price target	16% upside $120	Buy Maintained	2 Jan 2025
Barclays Brandt Montour 45% 1-year accuracy 37 / 83 met price target	11% upside $115	Overweight Maintained	13 Dec 2024
JP Morgan	9% upside $113	Overweight Maintained	13 Dec 2024
Goldman Sachs Lizzie Dove 56% 1-year accuracy 14 / 25 met price target	11% upside $115	Buy Maintained	10 Dec 2024