Zacks: Brokerages Anticipate Wyndham Worldwide Corp (WYN) Will Announce Earnings of $2.05 Per Share

Equities research analysts expect Wyndham Worldwide Corp (NYSE:WYN) to announce $2.05 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Wyndham Worldwide Corp’s earnings. The highest EPS estimate is $2.18 and the lowest is $1.98. Wyndham Worldwide Corp posted earnings of $1.89 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 8.5%. The company is expected to announce its next quarterly earnings results on Wednesday, October 25th.

According to Zacks, analysts expect that Wyndham Worldwide Corp will report full year earnings of $6.19 per share for the current fiscal year, with EPS estimates ranging from $6.15 to $6.26. For the next financial year, analysts expect that the company will post earnings of $6.93 per share, with EPS estimates ranging from $6.53 to $7.27. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Wyndham Worldwide Corp.

Wyndham Worldwide Corp (NYSE:WYN) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.03. Wyndham Worldwide Corp had a net margin of 10.17% and a return on equity of 91.17%. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the previous year, the company earned $1.40 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year.

A number of analysts have weighed in on the stock. Stifel Nicolaus restated a “buy” rating and set a $110.00 price objective (up from $108.00) on shares of Wyndham Worldwide Corp in a research note on Thursday, June 22nd. BidaskClub upgraded shares of Wyndham Worldwide Corp from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research upgraded shares of Wyndham Worldwide Corp from a “hold” rating to a “buy” rating and set a $118.00 price objective for the company in a research note on Wednesday, June 28th. Telsey Advisory Group lowered shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price objective for the company. in a research note on Friday. Finally, Buckingham Research assumed coverage on shares of Wyndham Worldwide Corp in a research note on Monday, June 19th. They set a “buy” rating and a $114.00 price objective for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $99.22.

Hedge funds have recently made changes to their positions in the stock. IHT Wealth Management LLC increased its stake in shares of Wyndham Worldwide Corp by 15.9% in the first quarter. IHT Wealth Management LLC now owns 1,463 shares of the company’s stock worth $123,000 after buying an additional 201 shares during the last quarter. TrimTabs Asset Management LLC increased its stake in shares of Wyndham Worldwide Corp by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 1,598 shares of the company’s stock worth $135,000 after buying an additional 752 shares during the last quarter. Dubuque Bank & Trust Co. increased its stake in shares of Wyndham Worldwide Corp by 125.0% in the second quarter. Dubuque Bank & Trust Co. now owns 1,483 shares of the company’s stock worth $149,000 after buying an additional 824 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Wyndham Worldwide Corp by 3.4% in the first quarter. Pacer Advisors Inc. now owns 1,987 shares of the company’s stock worth $167,000 after buying an additional 66 shares during the last quarter. Finally, Smithfield Trust Co. bought a new stake in shares of Wyndham Worldwide Corp during the second quarter worth about $170,000. 93.43% of the stock is currently owned by hedge funds and other institutional investors.

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Wyndham Worldwide Corp (NYSE WYN) opened at 103.34 on Tuesday. Wyndham Worldwide Corp has a 12-month low of $62.60 and a 12-month high of $105.86. The stock has a market capitalization of $10.77 billion, a PE ratio of 19.02 and a beta of 1.34. The company’s 50-day moving average is $102.49 and its 200 day moving average is $91.67.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 25th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Wednesday, August 23rd. Wyndham Worldwide Corp’s payout ratio is presently 43.04%.

About Wyndham Worldwide Corp

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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