This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Wyndham Worldwide: S&P Intraday Gainer

NEW YORK ( TheStreet) -- Hotel company Wyndham Worldwide (WYN - Get Report) was the best-performing stock in the S&P 500 Friday morning.

The S&P was up 3 points, or 0.21%, to 1,406.28.

Shares of Wyndham Worldwide rose 3.12% to $46.53. The stock was upgraded to buy from neutral by Goldman Sachs analysts on Thursday.

"We are upgrading our rating on Wyndham to Buy from Neutral as we believe there is more upside and growth to Wyndham's core operating fundamentals then currently forecasted," Goldman Sachs analysts wrote in a report Thursday. "Evidence of these opportunities should become more apparent over the next few quarters both on the top line and bottom line. The surge in share price of 50% over the past 12 months (vs. 7.3% for the S&P 500) was driven primarily by better investor understanding of the cash flow and share buyback story, in our view. But now as we look out into the balance of 2012 and 2013 we believe there is another leg to the story and would urge investors to try to capture it."

Shares of Wyndham hit a 52-week high Friday of $46.99. The stock's 52-week low of $24.76 was set on Aug. 8.

Wyndham has an estimated price-to-earnings ratio for next year of 13.63 times; the average for hotel companies is 25.17. For comparison, both Marriott International (MAR) and Starwood Hotels & Resorts (HOT) have higher forward P/Es of 19.51 and 21.17, respectively.

Thirteen of the 14 analysts who cover Wyndham Worldwide rated it buy; one analysts gave the stock a sell rating.

TheStreet Ratings gives Wyndham Worldwide a B grade with a buy rating and a $55.09 price target. The stock has risen 23.13% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to:

>To follow the writer on Twitter, go to Alexandra Zendrian.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
WYN $75.96 -0.01%
AAPL $118.05 -0.70%
FB $105.39 -0.33%
GOOG $748.82 0.07%
TSLA $229.71 5.30%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs