Willis Towers Watson (NASDAQ:WLTW) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, February 8th. Analysts expect Willis Towers Watson to post earnings of $2.11 per share for the quarter.
Willis Towers Watson (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.84 billion. Willis Towers Watson had a net margin of 4.43% and a return on equity of 10.93%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 EPS. On average, analysts expect Willis Towers Watson to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Willis Towers Watson (WLTW) opened at $160.47 on Thursday. The stock has a market cap of $21,510.00, a P/E ratio of 47.62, a P/E/G ratio of 1.62 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.97 and a current ratio of 1.97. Willis Towers Watson has a 1-year low of $120.87 and a 1-year high of $165.00.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Sunday, December 31st were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend was Thursday, December 28th. Willis Towers Watson’s dividend payout ratio is currently 62.91%.
In related news, CFO Michael J. Burwell purchased 3,100 shares of the business’s stock in a transaction on Monday, November 6th. The shares were purchased at an average price of $160.10 per share, with a total value of $496,310.00. Following the completion of the purchase, the chief financial officer now owns 3,100 shares in the company, valued at approximately $496,310. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jeffrey W. Ubben sold 320,000 shares of Willis Towers Watson stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $161.15, for a total transaction of $51,568,000.00. The disclosure for this sale can be found here. Insiders own 6.70% of the company’s stock.
A number of brokerages recently issued reports on WLTW. Zacks Investment Research cut shares of Willis Towers Watson from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Wells Fargo & Co restated a “hold” rating and set a $154.00 price objective on shares of Willis Towers Watson in a report on Wednesday, January 10th. Robert W. Baird restated a “buy” rating and set a $167.00 price objective on shares of Willis Towers Watson in a report on Friday, November 3rd. SunTrust Banks restated a “buy” rating and set a $182.00 price objective on shares of Willis Towers Watson in a report on Friday, October 6th. Finally, BidaskClub cut shares of Willis Towers Watson from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 31st. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $164.08.
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About Willis Towers Watson
Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.
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