Is Wyndham Destinations Inc. (NYSE: WYND) Back In The Buying Zone?

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The Vanguard Group, Inc. recently announced the acquisition of new stake in Wyndham Destinations Inc. (NYSE:WYND). The institutional investor has increased its shareholding in the Consumer Cyclical company by 1.87% to 8.78 million shares with purchase of 0.16 million shares. This fresh investment now brings its stake to 10.31% valued currently at $247.38 million. In addition, Iridian Asset Management LLC raised its holdings by 0.14 million to 4.29 million shares. And LSV Asset Management has lifted its position by 2.32% or 94103.0 shares – to 4.16 million shares.

With over 0.52 million Wyndham Destinations Inc. (WYND) shares trading Friday and a closing price of $29.23 on the day, the dollar volume was approximately $15.25 million. The shares have shown a negative weekly performance of -4.85% and its price on 07/24/20 lost nearly -2.66%. Currently, there are 86.90M common shares owned by the public and among those 83.09M shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 10 analysts who have offered their price forecasts for WYND have a consensus price objective of $38.40. The analysts have set the share’s price value over the next 12 months at a high of $50.00 and a low of $23.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Wyndham Destinations Inc. stock is 1.80 for the next 12 months. The average price target is 26.74% above its last price level and an upside to the estimated low will see the stock lose -27.09% over that period. But an upside of 41.54% will see the stock hit the forecast high price target while mean target price for the stock is $39.50.

Insiders at the company have transacted a total of 132 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 99 of these insider trades were purchases, accounting for 621,381 shares. Insider sales of the common stock occurred on 33 occasions, with total insider shares sold totaling 291,521 shares.

The top 3 mutual fund holders in Wyndham Destinations Inc. are Vanguard Total Stock Market Index, iShares Core S&P Mid Cap ETF, and Vanguard Small Cap Index Fund. Vanguard Total Stock Market Index owns 2.44 million shares of the company’s stock, all valued at over $68.79 million. The company sold -0.18 million shares recently to bring their total holdings to about 2.87% of the shares outstanding. Vanguard Small Cap Index Fund sold -0.22 million shares to bring its total holdings to over 2.13 million shares at a value of $60.14 million. Vanguard Small Cap Index Fund now owns shares totaling to 2.51% of the shares outstanding.

Shares of Wyndham Destinations Inc. (NYSE: WYND) opened at $29.89, down -$0.14 from a prior closing price of $30.03. However, the script later closed the day at $29.23, down -2.66%. The company’s stock has a 5-day price change of -4.85% and 29.16% over the past three months. WYND shares are trading -43.45% year to date (YTD), with the 12-month market performance down to -36.77% lower. It has a 12-month low price of $13.74 and touched a high of $53.13 over the same period. Currently, 0.52 million shares have been traded, compared to an average intraday trading volume of 1.41 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.16%, -3.74%, and -23.11% respectively.

Institutional ownership of Wyndham Destinations Inc. (NYSE: WYND) shares accounts for 91.80% of the company’s 86.90M shares outstanding. Mutual fund holders own 42.95%, while other institutional holders and individual stakeholders account for 46.65% and 3.96% respectively.

It has a market capitalization of $2.54B and a beta (3y monthly) value of 1.98. The stock’s trailing 12-month PE ratio is 10.02, while the earnings-per-share (ttm) stands at $2.92. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.32% over the week and 5.48% over the month.

Analysts forecast that Wyndham Destinations Inc. (WYND) will achieve an EPS of -$0.84 for the current quarter, $0.42 for the next quarter and $3.9 for 2021. The lowest estimate earnings-per-share for the quarter is -$1.16 while analysts give the company a high EPS estimate of -$0.59. Comparatively, EPS for the current quarter was $1.45 a year ago. Earnings per share for the fiscal year are expected to increase by 97.40%, and 1334.40% over the next financial year. EPS should shrink at an annualized rate of -9.67% over the next five years, compared to 4.90% over the past 5-year period.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 10 brokerage firm advisors rate Wyndham Destinations Inc. (WYND) as a “Strong Buy” at a consensus score of 1.80. Specifically, 8 Wall Street analysts polled rate the stock as a buy, while 2 of the 10 advise that investors “hold,” and 0 rated it as a “Sell.”

Looking at the support for the WYND, a number of firms have released research notes about the stock. Credit Suisse stated their Outperform rating for the stock in a research note on May 21, 2020, with the firm’s price target at . JP Morgan coverage for the Wyndham Destinations Inc. (WYND) stock in a research note released on May 19, 2020 offered a Overweight rating with a price target of $35. CFRA was of a view on May 07, 2020 that the stock is Hold, while Wolfe Research gave the stock Outperform rating on April 09, 2020, issuing a price target of . Credit Suisse on their part issued Neutral rating on March 20, 2019.

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