Weight Watchers International Inc. (NYSE:WTW) traded down 3.4% during mid-day trading on Thursday . The stock traded as low as $11.20 and last traded at $11.20, with a volume of 718,100 shares. The stock had previously closed at $11.60.

Several equities research analysts have recently issued reports on the company. Zacks Investment Research cut Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 6th. Vetr upgraded Weight Watchers International from a “sell” rating to a “buy” rating and set a $15.41 target price on the stock in a report on Monday, April 11th. Sidoti started coverage on Weight Watchers International in a report on Tuesday, May 24th. They issued a “buy” rating and a $25.00 target price on the stock. Finally, Wedbush lifted their target price on Weight Watchers International from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Monday, March 28th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $17.43.

The company has a market cap of $713.03 million and a P/E ratio of 24.28. The company’s 50-day moving average is $12.94 and its 200-day moving average is $13.52.

Weight Watchers International (NYSE:WTW) last posted its quarterly earnings results on Wednesday, May 4th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.01. During the same period in the prior year, the company posted ($0.09) EPS. The company earned $306.90 million during the quarter, compared to the consensus estimate of $308.90 million. Weight Watchers International’s quarterly revenue was down 4.7% on a year-over-year basis. On average, equities research analysts anticipate that Weight Watchers International Inc. will post $0.94 EPS for the current fiscal year.

In other news, Director Denis F. Kelly bought 10,000 shares of the business’s stock in a transaction on Monday, May 9th. The shares were bought at an average cost of $12.21 per share, with a total value of $122,100.00. Following the purchase, the director now directly owns 35,914 shares in the company, valued at $438,509.94. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Other hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System increased its stake in shares of Weight Watchers International by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 51,202 shares of the company’s stock valued at $1,167,000 after buying an additional 935 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Weight Watchers International by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 110,076 shares of the company’s stock valued at $2,510,000 after buying an additional 5,475 shares during the period. Russell Frank Co purchased a new stake in shares of Weight Watchers International during the fourth quarter valued at about $1,867,000. Finally, Quantitative Investment Management LLC purchased a new stake in shares of Weight Watchers International during the fourth quarter valued at about $3,994,000.

Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.