Shares of the hotelier,
Wyndham Worldwide Corporation
), reached a new 52-week high of $72.38 on Nov 27 following solid
third-quarter 2013 results and a guidance upgrade announced on
The closing price of Wyndham on Nov 27, 2013, was $72.26,
representing a solid one-year return of about 50.4% and
year-to-date return of about 33.5%. Average volume of shares
traded over the last three months stands at approximately
Estimates for this hotelier have been rising higher after it
announced solid third-quarter 2013 results which beat the Zacks
Consensus Estimate for both revenues and earnings. Both the
metrics also grew year over year. Following better-than-expected
results in the third quarter, the company increased its earnings
per share expectation for 2013 to a range of $3.78-$3.80, up from
Increased revenues, improved margin and lower share count
boosted profits in the quarter. Wyndham's solid growth across all
three operating segments - Lodging, Vacation Exchange and Rentals
and Vacation Ownership - have enabled it to outperform even in
this difficult consumer spending environment. In fact, the
hotelier has beaten the Zacks Consensus Estimate for the past
The performance of the company sets a bullish tone for the
long term, helped by the consecutive raise in earnings guidance,
improving North American business and significant international
Overall, we are encouraged by the company's strong brand
recognition, robust developmental pipeline, transition to
fee-for-service-based businesses and solid cash flow generation
which will act as compelling growth drivers and sustain earnings
momentum in the upcoming quarters.
Other Stocks to Consider
Wyndham holds a Zacks Rank #2 (Buy). Investors interested in
the hotel and lodging industry may consider stocks like
Home Inns & Hotels Management Inc.
Marriott International, Inc.
Orient-Express Hotels Ltd.
). While Home Inns & Hotels sports a Zacks Rank #1 (Strong
Buy), Marriott and Orient-Express Hotels hold the same rank as
HOME INNS&HOTEL (HMIN): Free Stock Analysis
MARRIOTT INTL-A (MAR): Free Stock Analysis
ORIENT EXP HOTL (OEH): Free Stock Analysis
WYNDHAM WORLDWD (WYN): Free Stock Analysis
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