Weight Watchers International Inc. (NYSE:WTW) Receives $20.37 Consensus PT from Analysts
Weight Watchers International Inc. (NYSE:WTW) has been assigned an average rating of “Hold” from the eight ratings firms that are covering the stock. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $20.37.
A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Weight Watchers International from a “sell” rating to a “hold” rating in a research note on Wednesday, September 14th. Vetr cut shares of Weight Watchers International from a “strong-buy” rating to a “buy” rating and set a $11.83 price target for the company. in a research note on Monday, October 3rd.
Several large investors have recently made changes to their positions in WTW. Acrospire Investment Management LLC boosted its stake in shares of Weight Watchers International by 926.1% in the second quarter. Acrospire Investment Management LLC now owns 8,753 shares of the company’s stock worth $102,000 after buying an additional 7,900 shares during the period. Alpine Partners VI LLC acquired a new stake in shares of Weight Watchers International during the second quarter worth about $122,000. Seven Eight Capital LLC boosted its stake in shares of Weight Watchers International by 156.1% in the first quarter. Seven Eight Capital LLC now owns 9,558 shares of the company’s stock worth $139,000 after buying an additional 5,826 shares during the period. BNP Paribas Arbitrage SA boosted its stake in shares of Weight Watchers International by 262.6% in the second quarter. BNP Paribas Arbitrage SA now owns 13,169 shares of the company’s stock worth $153,000 after buying an additional 9,537 shares during the period. Finally, Zacks Investment Management boosted its stake in shares of Weight Watchers International by 0.4% in the second quarter. Zacks Investment Management now owns 14,565 shares of the company’s stock worth $169,000 after buying an additional 58 shares during the period. 91.90% of the stock is owned by institutional investors.
Weight Watchers International (NYSE:WTW) opened at 10.30 on Thursday. The company’s 50-day moving average is $10.46 and its 200-day moving average is $12.40. The company has a market cap of $657.78 million, a P/E ratio of 21.37 and a beta of 3.17. Weight Watchers International has a 52 week low of $6.68 and a 52 week high of $28.05.
Weight Watchers International (NYSE:WTW) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.46 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.46. Weight Watchers International had a net margin of 2.63% and a negative return on equity of 3.07%. The business earned $310 million during the quarter, compared to analysts’ expectations of $318.30 million. During the same quarter in the previous year, the company earned $0.49 EPS. The business’s quarterly revenue was up .0% compared to the same quarter last year. On average, analysts anticipate that Weight Watchers International will post $0.94 EPS for the current fiscal year.
Weight Watchers International Company Profile
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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