Positive News Coverage Somewhat Unlikely to Affect Wyndham Worldwide Corp (WYN) Share Price
Press coverage about Wyndham Worldwide Corp (NYSE:WYN) has been trending positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wyndham Worldwide Corp earned a news impact score of 0.25 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.5745329935366 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Can These Stocks Gain Any Traction: Wyndham Worldwide Corporation (NYSE:WYN), Take-Two Interactive Software … – FLBC News (flbcnews.com)
- Wyndham Worldwide Corporation (WYN) presents Dividend Yield at the rate of 2.33% – Voice Of Analysts (analystsbuzz.com)
- Wyndham Worldwide Corporation (WYN) has a value of $96.65 per … – Stocks Gallery (stocksgallery.com)
- Equity Rundown: Signals in View for Wyndham Worldwide Corp (WYN) – Wall Street Review (thewallstreetreview.com)
- Igniting Curiosity, Investor Update on Wyndham Worldwide Corporation (NYSE:WYN) and Pinnacle West Capital … – FLBC News (flbcnews.com)
WYN has been the subject of a number of analyst reports. BidaskClub lowered shares of Wyndham Worldwide Corp from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 30th. 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. 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. Buckingham Research started 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. Finally, Telsey Advisory Group lowered shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price target for the company. in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $99.22.
Shares of Wyndham Worldwide Corp (NYSE:WYN) traded up 0.57% during mid-day trading on Friday, hitting $100.25. 1,344,381 shares of the stock were exchanged. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 18.46 and a beta of 1.34. Wyndham Worldwide Corp has a 52-week low of $62.60 and a 52-week high of $106.50. The stock has a 50-day moving average price of $100.55 and a 200 day moving average price of $94.60.
Wyndham Worldwide Corp (NYSE:WYN) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $1.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, equities research analysts expect that Wyndham Worldwide Corp will post $6.18 earnings per share for the current year.
The business also recently disclosed 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. The ex-dividend date is Wednesday, August 23rd. This represents a $2.32 annualized dividend and a dividend yield of 2.31%. Wyndham Worldwide Corp’s dividend payout ratio (DPR) is currently 43.04%.
In other news, Director George Herrera sold 323 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $97.60, for a total transaction of $31,524.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.39% of the company’s stock.
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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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