Weight Watchers International, Inc. (NYSE:WTW) Director Denis F. Kelly acquired 2,200 shares of the company’s stock in a transaction dated Thursday, March 8th. The shares were acquired at an average cost of $62.43 per share, with a total value of $137,346.00. Following the completion of the purchase, the director now owns 41,852 shares in the company, valued at $2,612,820.36. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
WTW stock traded down $3.74 on Friday, hitting $60.36. 1,457,661 shares of the company’s stock traded hands, compared to its average volume of 1,952,327. Weight Watchers International, Inc. has a 1-year low of $15.60 and a 1-year high of $77.19. The firm has a market cap of $4,141.58, a PE ratio of 36.58, a P/E/G ratio of 1.65 and a beta of 3.23. The company has a debt-to-equity ratio of -1.71, a current ratio of 0.61 and a quick ratio of 0.52.
Weight Watchers International (NYSE:WTW) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.06. The business had revenue of $312.50 million during the quarter, compared to the consensus estimate of $309.35 million. Weight Watchers International had a net margin of 12.52% and a negative return on equity of 10.38%. sell-side analysts expect that Weight Watchers International, Inc. will post 2.58 earnings per share for the current year.
Several equities analysts recently weighed in on WTW shares. B. Riley lifted their target price on shares of Weight Watchers International from $65.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, February 8th. ValuEngine lowered shares of Weight Watchers International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research upgraded shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $72.00 target price on the stock in a research note on Tuesday, March 6th. Sidoti upgraded shares of Weight Watchers International from a “neutral” rating to a “buy” rating in a research note on Monday, March 5th. Finally, Craig Hallum boosted their price objective on shares of Weight Watchers International from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. Weight Watchers International currently has a consensus rating of “Buy” and an average price target of $72.00.
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Weight Watchers International Company Profile
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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