Weight Watchers International, Inc. (NYSE:WTW)’s share price was down 5.1% during trading on Thursday . The stock traded as low as $66.04 and last traded at $66.16. Approximately 2,399,063 shares were traded during mid-day trading, an increase of 36% from the average daily volume of 1,766,222 shares. The stock had previously closed at $69.73.

Several equities analysts have recently commented on WTW shares. Zacks Investment Research downgraded Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research report on Saturday, July 7th. UBS Group decreased their target price on Weight Watchers International from $110.00 to $100.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 7th. JPMorgan Chase & Co. assumed coverage on Weight Watchers International in a research report on Tuesday, June 12th. They issued an “overweight” rating and a $105.00 target price on the stock. Goldman Sachs Group assumed coverage on Weight Watchers International in a research report on Tuesday. They set a “neutral” rating and a $73.00 price target on the stock. Finally, KeyCorp assumed coverage on Weight Watchers International in a research report on Monday, July 9th. They set an “overweight” rating and a $115.00 price target on the stock. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Weight Watchers International has an average rating of “Buy” and an average target price of $103.55.

The stock has a market capitalization of $4.41 billion, a PE ratio of 40.52, a P/E/G ratio of 0.99 and a beta of 2.93. The company has a debt-to-equity ratio of -1.77, a current ratio of 0.77 and a quick ratio of 0.72.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings results on Monday, August 6th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.13. The business had revenue of $409.70 million for the quarter, compared to the consensus estimate of $409.49 million. Weight Watchers International had a negative return on equity of 16.18% and a net margin of 14.96%. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.67 earnings per share. equities research analysts anticipate that Weight Watchers International, Inc. will post 2.97 earnings per share for the current fiscal year.

In other Weight Watchers International news, Director Philippe Amouyal sold 7,500 shares of the firm’s stock in a transaction on Friday, August 31st. The stock was sold at an average price of $75.59, for a total value of $566,925.00. Following the sale, the director now owns 54,269 shares of the company’s stock, valued at approximately $4,102,193.71. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Corinne Pollier-Bousquet sold 2,500 shares of the firm’s stock in a transaction on Wednesday, August 8th. The shares were sold at an average price of $80.00, for a total value of $200,000.00. Following the completion of the sale, the insider now directly owns 29,456 shares in the company, valued at approximately $2,356,480. The disclosure for this sale can be found here. Insiders have sold 6,195,223 shares of company stock worth $470,747,775 in the last three months. 12.31% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the business. Hillsdale Investment Management Inc. acquired a new stake in shares of Weight Watchers International in the 1st quarter valued at $102,000. Bank of Montreal Can acquired a new stake in shares of Weight Watchers International in the 2nd quarter valued at $174,000. Evanston Investments Inc. dba Evanston Advisors acquired a new stake in shares of Weight Watchers International in the 2nd quarter valued at $202,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of Weight Watchers International in the 1st quarter valued at $139,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Weight Watchers International in the 2nd quarter valued at $229,000. 91.37% of the stock is currently owned by hedge funds and other institutional investors.

Weight Watchers International Company Profile (NYSE:WTW)

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

Featured Story: Outstanding Shares and The Effect on Share Price

Receive News & Ratings for Weight Watchers International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International and related companies with MarketBeat.com's FREE daily email newsletter.