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

A number of research firms recently commented on WTW. Zacks Investment Research upgraded Weight Watchers International from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Saturday, May 7th. Sidoti began coverage on Weight Watchers International in a report on Tuesday, May 24th. They issued a “buy” rating and a $25.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. Weight Watchers International currently has an average rating of “Hold” and a consensus target price of $19.06.

The company has a 50-day moving average price of $11.25 and a 200-day moving average price of $12.98. The stock has a market cap of $661.61 million and a P/E ratio of 21.49.

Weight Watchers International (NYSE:WTW) last issued its earnings results on Thursday, August 4th. The company reported $0.46 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.46. The company earned $310 million during the quarter, compared to analysts’ expectations of $318.30 million. During the same period last year, the business posted $0.49 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. On average, equities analysts predict 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. acquired a new position in Weight Watchers International Inc. (NYSE:WTW) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 82,404 shares of the company’s stock, valued at approximately $1,879,000. Ameriprise Financial Inc. owned 0.13% of Weight Watchers International at the end of the most recent reporting period.

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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