Wyndham Hotels & Resorts Inc. (WH) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, WH carries an RQD Score of 56 and a letter grade of D+, with the verdict "Roarable Sell — Weak Fundamentals / Trim." The five pillars are scored as follows:

• Fundamental Cash Engine: 15 / 20 (ROIC 16.2%; FCF yield 5.72%). This is the strongest pillar and indicates that the business generates meaningful returns on invested capital and free cash flow relative to its market value. For a prospective investor, this is the core of any upside case.
• Whale 13F Flow: 12 / 20 (Institutional accumulation & options positioning). This pillar sits in the middle, signaling neither clear institutional conviction nor a pronounced exit. The source does not provide the underlying 13F detail.
• Insider Conviction: 15 / 20 (SEC Form 4 & Congressional PTR cluster flow). This is a moderately favorable score, but the underlying trade records are not itemized in the source data.
• Macro Regime Fit: 6 / 20 (Beta 1.05; sector sensitivity). This is the weakest pillar. A beta of 1.05 implies the stock moves roughly in line with the market, and the low score reflects limited fit with the current macro regime as captured by the rating model.
• Forensic Balance Sheet: 8 / 20 (Altman Z 1.7; Piotroski F 5/9; Debt/Equity 3.33). This pillar weighs heavily on the overall grade. A Debt/Equity of 3.33 and an Altman Z of 1.7 indicate a leveraged capital structure, and a Piotroski F of 5 out of 9 reflects mixed financial-health signals.

Taken together, the rating suggests that strong cash generation is offset by balance-sheet leverage and weak macro alignment. For a prospective investor evaluating the stock today, the valuation tradeoff is visible in the market data: a P/E (TTM) of 29.1 and EV/EBITDA of 16.1 price in a considerable amount of expected quality, which leaves limited margin for error if the leverage or macro pillars deteriorate. The RQD framework is a model-based score, not a recommendation to act.

Per the SEC financials, revenue rose from $1384.0M (FY 2023) to $1429.0M (FY 2025), while net income declined from $289.0M to $193.0M over the same span and operating income moved from $503.0M to $402.0M. Per the market data, the operating margin is 28.1%, the net margin is 13.5%, and ROIC is 16.2%. Per the Roarable RQD rating, the Altman Z-Score is 1.7 and the Piotroski F-Score is 5/9. Debt rose from $721.8M (FY 2023) to $1671.3M (FY 2025), and the Roarable RQD rating reports Debt/Equity of 3.33, indicating a leveraged balance sheet.

Per the recent news feed, six items reference WH:

• Market-wire coverage (YELLOW): Yahoo! Finance Canada and 24/7 Wall St. reports on market action and institutional positioning, plus a Seeking Alpha item referencing the 2026 Q3 results and earnings call presentation dated 2026-10-22.
• Risk Watch (RED): A Yahoo Finance item asking what is behind the stock's latest move, flagged as a risk-watch item in the feed. The feed does not state the underlying cause.
• Earnings-related items (YELLOW): A PR Newswire release headlined as reporting strong third-quarter results, and a Benzinga Q3 2026 earnings call transcript.

Per the feed, the headlines and summaries are generic market-wire content and do not provide quantified catalyst detail. The proprietary signals list in the Butterfly graph is empty.

• What drove the 52-week move and the RED-flagged Yahoo Finance headline, and what specific event is behind the reported stock drop?
• What are the terms, maturities, and interest costs of the $1671.3M debt, and how does the Debt/Equity of 3.33 compare with the company's refinancing schedule?
• Why is EPS reported as N/A across all three periods, and what is the reconciling figure between net income and the TTM EPS of 2.65?
• What specifically underlies the FY 2024 to FY 2025 decline in net income from $289.0M to $193.0M while revenue grew?
• What do the Q3 2026 results and earnings call disclose about guidance, segment performance, and the drivers of the "strong" third-quarter characterization in the PR Newswire release?