News coverage about Wyndham Worldwide (NYSE:WYN) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Wyndham Worldwide earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.3108680242713 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- BRIEF-Wyndham Worldwide Says Priced Previously Announced Private Placement Offering Of $500 Mln Amount Of Senior Unsecured Notes Due 2026 (reuters.com)
- On the Road Again: Super 8 Rolls into the 2018 New York International Auto Show with ROADM8, First-Ever Concept Car Inspired by a Hotel Brand (finance.yahoo.com)
- Brokerages Anticipate Wyndham Worldwide Co. (WYN) Will Announce Earnings of $1.27 Per Share (americanbankingnews.com)
- Here’s Why It’s Prudent to Add Wyndham to Your Portfolio Now (msn.com)
- Wyndham Worldwide Co. (WYN) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
A number of research analysts have recently commented on the company. Zacks Investment Research cut Wyndham Worldwide from a “buy” rating to a “hold” rating in a research report on Wednesday, March 21st. SunTrust Banks upped their price target on Wyndham Worldwide to $131.00 and gave the company a “buy” rating in a research report on Thursday, February 15th. ValuEngine upgraded Wyndham Worldwide from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $130.00 price objective on shares of Wyndham Worldwide in a research note on Friday, January 19th. Finally, Jefferies Group began 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 analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. Wyndham Worldwide presently has an average rating of “Buy” and a consensus price target of $128.75.
Wyndham Worldwide (NYSE:WYN) last released its earnings results on Wednesday, February 14th. The company reported $1.49 earnings per share for the quarter, beating 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 the consensus estimate of $1.39 billion. During the same period in the previous year, the business earned $1.35 earnings per share. Wyndham Worldwide’s quarterly revenue was up 5.6% compared to the same quarter last year. equities research analysts forecast that Wyndham Worldwide will post 7.03 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 2.31%. The ex-dividend date is Wednesday, March 14th. This is a positive change from Wyndham Worldwide’s previous quarterly dividend of $0.58. Wyndham Worldwide’s payout ratio is 31.21%.
In related news, Director Myra J. Biblowit sold 2,500 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $121.00, for a total transaction of $302,500.00. Following the completion of the sale, the director now directly owns 7,924 shares in the company, valued at approximately $958,804. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Nicola Rossi sold 2,863 shares of the company’s stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $117.50, for a total value of $336,402.50. Following the transaction, the vice president now directly owns 250 shares in the company, valued at $29,375. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,510 shares of company stock valued at $2,273,541. 2.39% of the stock is owned by company insiders.
Wyndham Worldwide Company Profile
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.
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