Wyndham Worldwide Corp Common (NYSE:WYN):
Wyndham Worldwide to Report Third Quarter 2016 Earnings on October 26, 2016; Conference Call and Webcast at 8:30am ET.
The company is so far trading up since yesterday’s close of $67.15.
The company also announced a dividend paid on Friday the 9th of September 2016. The dividend was $0.500 per share for the quarter which comes to $2.00 on an annualized basis. The dividend yield was $2.90. The ex-dividend date was Wednesday the 24th of August 2016.
The stock is trading at $67.35 a tad under the 50 day moving average of $69.58 and which is just under the 200 day moving average of $71.50. The 50 day moving average was down $-2.23 or -3.20% whereas the 200 day average was down by -5.80%.
Wyndham Worldwide Corp Common ‘s P/E ratio is 13.32 and market capitalization is 7.40B. In the last earnings report the EPS was $5.06 and is expected to be $5.73 for the current year with 109,874,000 shares now outstanding. Analysts expect next quarter’s EPS to be $1.33 with next year’s EPS anticipated to be $6.27.
A few analysts have weighed in on the company recently. Equity analyst Goldman Sachs began coverage setting a rating of “Neutral” and establishing a price target of $72.00. On July 20 the stock rating was downgraded to “Neutral” from “” and a price target of $98.00 was set in a statement from UBS.
Wolfe Research initiated coverage on the stock giving it an initial rating of “Outperform” and setting a price target of $92.00. On February 4, 2016 Credit Suisse issued its first research report on the stock by announcing an initial rating of “Neutral” and a price target of $63.00.
On January 11 the company was upgraded from “Sell” to “Hold” in an announcement from Deutsche Bank. On January 4 analysts at Telsey Advisory Group starting coverage on the stock with a rating of “Outperform” and price target of $97.00.