Equities analysts predict that Wyndham Destinations (NASDAQ:WYND) will post sales of $1.07 billion for the current quarter, according to Zacks. Seven analysts have issued estimates for Wyndham Destinations’ earnings, with the highest sales estimate coming in at $1.09 billion and the lowest estimate coming in at $1.06 billion. Wyndham Destinations posted sales of $1.63 billion during the same quarter last year, which would indicate a negative year over year growth rate of 34.4%. The business is scheduled to report its next quarterly earnings results on Wednesday, October 24th.

On average, analysts expect that Wyndham Destinations will report full year sales of $3.98 billion for the current financial year, with estimates ranging from $3.95 billion to $4.00 billion. For the next fiscal year, analysts expect that the business will report sales of $4.20 billion per share, with estimates ranging from $4.14 billion to $4.25 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Wyndham Destinations.

Wyndham Destinations (NASDAQ:WYND) last announced its earnings results on Wednesday, August 8th. The company reported $1.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.20 by $0.05. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.03 billion. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.53 EPS.

A number of analysts recently issued reports on the stock. Goldman Sachs Group assumed coverage on shares of Wyndham Destinations in a report on Monday, June 4th. They set a “buy” rating for the company. Zacks Investment Research downgraded shares of Wyndham Destinations from a “hold” rating to a “strong sell” rating in a report on Thursday, June 7th. JPMorgan Chase & Co. assumed coverage on shares of Wyndham Destinations in a report on Wednesday, June 6th. They set a “neutral” rating and a $52.00 price objective for the company. TheStreet downgraded shares of Wyndham Destinations from a “b” rating to a “c” rating in a report on Monday, June 4th. Finally, SunTrust Banks assumed coverage on shares of Wyndham Destinations in a report on Thursday, June 14th. They set a “buy” rating and a $69.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $58.71.

Shares of WYND stock traded down $1.45 on Wednesday, hitting $42.50. The stock had a trading volume of 1,591,300 shares, compared to its average volume of 2,287,181. Wyndham Destinations has a 12-month low of $40.00 and a 12-month high of $57.67.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $1.64 dividend on an annualized basis and a yield of 3.86%.

In other Wyndham Destinations news, insider Michael Dean Brown bought 6,000 shares of Wyndham Destinations stock in a transaction dated Tuesday, August 21st. The stock was purchased at an average price of $45.20 per share, for a total transaction of $271,200.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director George Herrera sold 747 shares of Wyndham Destinations stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $44.61, for a total transaction of $33,323.67. The disclosure for this sale can be found here.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC purchased a new position in shares of Wyndham Destinations in the second quarter worth about $103,000. Alps Advisors Inc. purchased a new position in shares of Wyndham Destinations in the second quarter worth about $287,000. CENTRAL TRUST Co purchased a new position in shares of Wyndham Destinations in the second quarter worth about $110,000. Huntington National Bank purchased a new position in shares of Wyndham Destinations in the second quarter worth about $128,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Wyndham Destinations in the second quarter worth about $146,000.

About Wyndham Destinations

Wyndham Destinations, Inc engages in the provision of hospitality services and products. It operates through three business segments: Hotel Group, Destination Network, Vacation Ownership, and Corporate and Other. The Hotel Group segment franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments; and provides hotel management services for full-service and select limited-service hotels.

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Earnings History and Estimates for Wyndham Destinations (NASDAQ:WYND)

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