Wyndham Worldwide Hits New 1-Year High At $85.31 (WYN)

December 23, 2014 Nemes Worldwide News

Wyndham Worldwide (NYSE: WYN) shares hit a new 52-week high throughout trading on Monday, Analyst Ratings Network reports. The stock traded as high as $85.31 and last traded at $84.29, with a volume of 365,705 shares traded. The stock had actually previously closed at $85.04.

A variety of analysts have just recently weighed in on WYN shares. Analysts at Zacks reiterated a neutral score on shares of Wyndham Worldwide in a study note on Monday, October 27th. They now have a $80.00 cost target on the stock. Independently, experts at JMP Securities repeated a market outperform rating on shares of Wyndham Worldwide in a study note on Monday, October 27th. They now have a $80.00 cost target on the stock, down previously from $90.00. Finally, analysts at FBR Capital Markets repeated an outperform score on shares of Wyndham Worldwide in a research note on Monday, October 27th. They now have a $90.00 cost target on the stock, up formerly from $87.00. Two experts have rated the stock with a hold rating and 5 have offered a buy rating to the companys stock. The business has a typical rating of Buy and a consensus price target of $84.67.

The stock has a 50-day moving average of $79.33 and a 200-day moving average of $77.6. The company has a market cap of $10.363 billion and a price-to-earnings ratio of 20.47.

Wyndham Worldwide (NYSE: WYN) last announced its revenues outcomes on Friday, October 24th. The business reported $1.67 EPS for the quarter, beating the Thomson Reuters consensus quote of $1.63 by $0.04. The company had revenue of $1.50 billion for the quarter, compared to the agreement estimate of $1.53 billion. Throughout the very same quarter in the previous year, the business posted $1.41 earnings per share. The business quarterly earnings was up 6.1 % on a year-over-year basis. Typically, experts forecast that Wyndham Worldwide will post $4.46 earnings per share for the existing fiscal year.

The business likewise recently revealed a quarterly dividend, which is scheduled for Tuesday, December 16th. Investors of record on Monday, December 1st will be paid a dividend of $0.35 per share. This stands for a $1.40 annualized dividend and a dividend yield of 1.65 %. The ex-dividend date is Wednesday, November 26th.

In other Wyndham Worldwide news, VP Scott G. Mclester offered 6,834 shares of the business stock on the free market in a deal that took place on Friday, November 28th. The stock was offered at an average price of $83.00, for an overall deal of $567,222.00. The deal was divulged in a document submitted with the SEC, which can be accessed through this link.

Wyndham Worldwide Corporation is a hospitality business. The Company offers individual consumers and company customers a range of hospitality services and productsproduct and services throughout numerous lodging options and price varieties through its portfolio of brands.

Receive News Ratings for Wyndham Worldwide Daily – Enter your email address below to receive a concise day-to-day summary of the newestthe current news and experts ratings for Wyndham Worldwide and related business with Expert Ratings Networks FREE day-to-day email newsletter.

Worldwide News,

Comments are currently closed.