Shares of Weight Watchers International Inc. (NYSE:WTW) shot up 2% on Tuesday . The company traded as high as $11.40 and last traded at $11.00, with a volume of 2,218,403 shares. The stock had previously closed at $10.78.

A number of research firms have recently weighed in on WTW. Zacks Investment Research upgraded shares of Weight Watchers International from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a report on Saturday, May 7th. Sidoti began coverage on shares of Weight Watchers International in a report on Tuesday, May 24th. They set a “buy” rating and a $25.00 target price for the company. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $19.06.

The stock has a 50-day moving average price of $11.35 and a 200-day moving average price of $13.02. The company has a market capitalization of $710.78 million and a P/E ratio of 23.09.

Weight Watchers International (NYSE:WTW) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. The company earned $310 million during the quarter, compared to the consensus estimate of $318.30 million. The business’s revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 earnings per share. On average, analysts anticipate that Weight Watchers International Inc. will post $0.96 EPS for the current year.

An institutional investor recently bought a new position in Weight Watchers International stock. Ameriprise Financial Inc. purchased a new position in Weight Watchers International Inc. (NYSE:WTW) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 82,404 shares of the company’s stock, valued at approximately $1,879,000. Ameriprise Financial Inc. owned about 0.13% of Weight Watchers International as of its most recent SEC filing.

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.

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