Wyndham Worldwide Co. (WYN) Expected to Post Earnings of $1.35 Per Share
Equities research analysts expect that Wyndham Worldwide Co. (NYSE:WYN) will announce earnings per share of $1.35 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Wyndham Worldwide’s earnings, with the highest EPS estimate coming in at $1.40 and the lowest estimate coming in at $1.32. Wyndham Worldwide also reported earnings per share of $1.35 during the same quarter last year. The firm is expected to report its next earnings report before the market opens on Wednesday, February 14th.
On average, analysts expect that Wyndham Worldwide will report full year earnings of $6.04 per share for the current fiscal year, with EPS estimates ranging from $6.02 to $6.08. For the next financial year, analysts forecast that the firm will post earnings of $6.63 per share, with EPS estimates ranging from $6.45 to $6.91. Zacks’ EPS averages are an average based on a survey of analysts that cover Wyndham Worldwide.
Wyndham Worldwide (NYSE:WYN) last released its quarterly earnings data on Wednesday, October 25th. The company reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.01. Wyndham Worldwide had a return on equity of 97.31% and a net margin of 10.20%. The business had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the business posted $1.89 EPS. The business’s revenue for the quarter was up 3.6% on a year-over-year basis.
Wyndham Worldwide (NYSE WYN) traded up $3.74 on Friday, hitting $126.47. The stock had a trading volume of 1,610,887 shares, compared to its average volume of 1,071,675. Wyndham Worldwide has a fifty-two week low of $77.35 and a fifty-two week high of $124.05. The stock has a market cap of $11,868.34, a P/E ratio of 22.66 and a beta of 1.36. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 9.00.
Wyndham Worldwide declared that its board has initiated a share repurchase program on Wednesday, October 25th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.
In other Wyndham Worldwide news, VP Scott G. Mclester sold 15,381 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $115.00, for a total transaction of $1,768,815.00. Following the completion of the sale, the vice president now directly owns 8,917 shares of the company’s stock, valued at approximately $1,025,455. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director George Herrera sold 311 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $105.82, for a total value of $32,910.02. The disclosure for this sale can be found here. Company insiders own 2.39% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the business. San Francisco Sentry Investment Group CA acquired a new stake in shares of Wyndham Worldwide in the 2nd quarter valued at approximately $158,000. Jane Street Group LLC acquired a new stake in shares of Wyndham Worldwide in the 3rd quarter valued at approximately $209,000. Rational Advisors LLC acquired a new stake in shares of Wyndham Worldwide in the 3rd quarter valued at approximately $253,000. Cetera Investment Advisers acquired a new stake in shares of Wyndham Worldwide in the 2nd quarter valued at approximately $300,000. Finally, ETRADE Capital Management LLC lifted its holdings in shares of Wyndham Worldwide by 16.0% in the 2nd quarter. ETRADE Capital Management LLC now owns 3,089 shares of the company’s stock valued at $310,000 after buying an additional 425 shares during the period. 94.01% of the stock is owned by institutional investors.
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Wyndham Worldwide Company Profile
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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