Shares of Weight Watchers International Inc. (NYSE:WTW) fell 5.1% during trading on Wednesday . The stock traded as low as $10.49 and last traded at $10.56, with a volume of 970,508 shares trading hands. The stock had previously closed at $11.13.

Several brokerages recently issued reports on WTW. Zacks Investment Research raised Weight Watchers International from a “sell” rating to a “hold” rating in a report on Wednesday. Sidoti began coverage on Weight Watchers International in a report on Tuesday, May 24th. They set a “buy” rating and a $25.00 price objective for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $19.06.

The company has a market capitalization of $671.19 million and a P/E ratio of 21.80. The firm has a 50-day moving average of $11.35 and a 200-day moving average of $13.02.

Weight Watchers International (NYSE:WTW) last posted its earnings results on Thursday, August 4th. The company reported $0.46 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.46. The company had revenue of $310 million for the quarter, compared to the consensus estimate of $318.30 million. During the same period last year, the company posted $0.49 earnings per share. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. On average, analysts forecast that Weight Watchers International Inc. will post $0.96 EPS for the current fiscal year.

A hedge fund recently bought a new stake in Weight Watchers International stock. Ameriprise Financial Inc. bought a new stake in shares of Weight Watchers International Inc. (NYSE:WTW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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.

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's FREE daily email newsletter.