B. Riley set a $65.00 target price on Weight Watchers International (NYSE:WTW) in a report released on Tuesday, December 19th, Marketbeat Ratings reports. The firm currently has a buy rating on the stock. B. Riley also issued estimates for Weight Watchers International’s Q4 2017 earnings at $0.33 EPS, FY2017 earnings at $1.60 EPS, Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.65 EPS, Q3 2018 earnings at $0.63 EPS, Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $1.64 EPS and FY2019 earnings at $1.92 EPS.
Several other analysts have also commented on the company. ValuEngine raised Weight Watchers International from a hold rating to a buy rating in a report on Friday, September 1st. Zacks Investment Research lowered Weight Watchers International from a strong-buy rating to a hold rating in a report on Thursday, October 12th. Finally, Craig Hallum reissued a buy rating and issued a $70.00 price objective (up from $50.00) on shares of Weight Watchers International in a report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $51.25.
Shares of Weight Watchers International (WTW) traded up $0.06 during mid-day trading on Tuesday, reaching $56.98. The company had a trading volume of 1,950,000 shares, compared to its average volume of 1,510,000. The company has a debt-to-equity ratio of -1.74, a quick ratio of 0.88 and a current ratio of 0.96. The stock has a market capitalization of $3,670.00, a PE ratio of 33.92, a P/E/G ratio of 1.89 and a beta of 2.95. Weight Watchers International has a 52 week low of $11.33 and a 52 week high of $57.96.
Weight Watchers International (NYSE:WTW) last announced its quarterly earnings results on Monday, November 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.14. The company had revenue of $323.70 million during the quarter, compared to analysts’ expectations of $319.40 million. Weight Watchers International had a negative return on equity of 8.81% and a net margin of 9.03%. Weight Watchers International’s quarterly revenue was up 15.3% on a year-over-year basis. During the same period last year, the business earned $0.53 earnings per share. research analysts anticipate that Weight Watchers International will post 1.59 EPS for the current year.
Several large investors have recently modified their holdings of WTW. Macquarie Group Ltd. acquired a new stake in shares of Weight Watchers International in the second quarter worth approximately $22,572,000. PDT Partners LLC acquired a new stake in shares of Weight Watchers International in the second quarter worth approximately $16,546,000. Dimensional Fund Advisors LP boosted its stake in shares of Weight Watchers International by 122.8% in the third quarter. Dimensional Fund Advisors LP now owns 580,953 shares of the company’s stock worth $25,300,000 after acquiring an additional 320,227 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in Weight Watchers International during the third quarter worth $4,751,000. Finally, Maverick Capital Ltd. boosted its stake in Weight Watchers International by 4,962.0% during the second quarter. Maverick Capital Ltd. now owns 110,656 shares of the company’s stock worth $3,698,000 after buying an additional 108,470 shares during the last quarter. 86.49% of the stock is currently owned by hedge funds and other institutional investors.
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About Weight Watchers International
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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