WH

Wyndham Hotels & Resorts Inc

Consumer


Presented:05/03/2024
Price:$73.25
Cap:$5.90B
Current Price:$81.27
Cap:$6.42B

Presented

Date05/03/2024
Price$73.25
Market Cap$5.90B
Ent Value$8.47B
P/E Ratio25.82x
Book Value$8.32
Div Yield1.95%
Shares O/S80.58M
Ave Daily Vol739,928
Short Int1.89%

Current

Price$81.27
Market Cap$6.42B
Wyndham Hotels & Resorts, Inc. engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others. The Hotel Management segment provides management services. The company was founded in 1990 and is headquartered in Parsippany, NJ.

Publicly traded companies mentioned herein: Choice Hotels International Inc (CHH), Hilton Hotels Corporation (HLT), Marriott International Inc (MAR), Wyndham Hotels & Resorts Inc (WH)

Highlights

The presenter is long shares of Wyndham Hotels & Resorts Inc (WH), seeing it as a superior asset and expecting it to close the valuation gap to its closest competitor, Choice Hotels International Inc (CHH). Wyndham’s scale, international exposure, and midscale pipeline give the presenter confidence in an $85 price per share target based on 13x 2026 EBITDA, which is a 1.5 turn premium to its current multiple and in line with historicals ranges.

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Idea Discussion

Commentor 1 - 2 weeks ago

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