Wyndham Hotels & Resorts, Inc. (WH, Financial) experienced a significant stock price increase of 2.26%, reaching $100.01 per share. The trading volume was 330,914 shares with a turnover rate of 0.43% and a volatility of 2.44%. Recent earnings reports show a revenue of $396 million, a net profit of $102 million, and an earnings per share of $1.29. The price-to-earnings ratio stands at 31.63. Among 16 rating institutions, 75% recommend buying, while 25% suggest holding.
Within the accommodation industry, which saw an overall rise of 1.22%, Wyndham (WH, Financial) and its peers like Sonder Holdings Inc. and Atour Group showed notable gains. Luxurban Hotels Inc. and Huazhu were active, with turnover rates of 14.11% and 0.66%, respectively.
Wyndham operates 836,000 rooms across 23 brands, focusing on the economy and midscale markets. The U.S. accounts for 60% of its rooms. In 2018, Wyndham acquired La Quinta, adding approximately 90,000 rooms.
