Equities analysts predict that Weight Watchers International, Inc. (NYSE:WTW) will post sales of $379.67 million for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Weight Watchers International’s earnings. The highest sales estimate is $388.51 million and the lowest is $372.70 million. Weight Watchers International posted sales of $323.70 million in the same quarter last year, which suggests a positive year-over-year growth rate of 17.3%. The firm is scheduled to announce its next earnings results on Monday, November 5th.

According to Zacks, analysts expect that Weight Watchers International will report full year sales of $1.56 billion for the current year, with estimates ranging from $1.55 billion to $1.58 billion. For the next year, analysts anticipate that the company will post sales of $1.76 billion, with estimates ranging from $1.73 billion to $1.81 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that that provide coverage for Weight Watchers International.

Weight Watchers International (NYSE:WTW) last announced its quarterly earnings results on Monday, August 6th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.13. Weight Watchers International had a net margin of 14.96% and a negative return on equity of 16.18%. The company had revenue of $409.70 million during the quarter, compared to analyst estimates of $409.49 million. During the same quarter in the previous year, the business earned $0.67 EPS. The firm’s revenue was up 19.9% on a year-over-year basis.

Several equities research analysts have commented on WTW shares. Bank of America cut their price target on shares of Weight Watchers International from $105.00 to $95.00 and set a “buy” rating on the stock in a research report on Thursday, October 4th. JPMorgan Chase & Co. set a $120.00 price target on shares of Weight Watchers International and gave the company a “buy” rating in a report on Tuesday, October 2nd. Morgan Stanley began coverage on shares of Weight Watchers International in a report on Thursday, September 13th. They issued an “equal weight” rating and a $76.00 price target on the stock. ValuEngine lowered shares of Weight Watchers International from a “buy” rating to a “hold” rating in a research report on Thursday, September 6th. Finally, Goldman Sachs Group initiated coverage on shares of Weight Watchers International in a research report on Tuesday, September 4th. They set a “neutral” rating and a $73.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Weight Watchers International presently has a consensus rating of “Buy” and a consensus price target of $101.25.

In other news, Director Thilo Semmelbauer sold 10,358 shares of Weight Watchers International stock in a transaction dated Wednesday, August 8th. The shares were sold at an average price of $77.72, for a total transaction of $805,023.76. Following the completion of the transaction, the director now directly owns 27,803 shares in the company, valued at $2,160,849.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Corinne Pollier-Bousquet sold 2,500 shares of Weight Watchers International stock in a transaction dated Wednesday, August 8th. The shares were sold at an average price of $80.00, for a total transaction of $200,000.00. Following the transaction, the insider now owns 29,456 shares of the company’s stock, valued at $2,356,480. The disclosure for this sale can be found here. Insiders sold 6,195,223 shares of company stock valued at $470,747,775 over the last 90 days. Corporate insiders own 12.31% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of WTW. Envestnet Asset Management Inc. acquired a new position in shares of Weight Watchers International during the first quarter valued at about $155,000. BlackRock Inc. grew its holdings in shares of Weight Watchers International by 2.9% during the first quarter. BlackRock Inc. now owns 1,830,269 shares of the company’s stock valued at $116,626,000 after buying an additional 50,885 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Weight Watchers International by 13.5% during the first quarter. Dimensional Fund Advisors LP now owns 975,637 shares of the company’s stock valued at $62,168,000 after buying an additional 116,065 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Weight Watchers International by 511.4% during the first quarter. Russell Investments Group Ltd. now owns 103,664 shares of the company’s stock valued at $6,606,000 after buying an additional 86,709 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Weight Watchers International by 226.5% during the first quarter. Sei Investments Co. now owns 13,573 shares of the company’s stock valued at $865,000 after buying an additional 9,416 shares during the last quarter. Hedge funds and other institutional investors own 91.34% of the company’s stock.

NYSE WTW traded up $3.85 on Wednesday, reaching $66.86. The company had a trading volume of 2,184,048 shares, compared to its average volume of 1,810,600. The firm has a market cap of $4.80 billion, a PE ratio of 40.52, a PEG ratio of 1.07 and a beta of 2.96. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of -1.77. Weight Watchers International has a 1-year low of $41.15 and a 1-year high of $105.73.

About Weight Watchers International

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.

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Earnings History and Estimates for Weight Watchers International (NYSE:WTW)

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