Willis Towers Watson Public (NASDAQ:WTW) Hits New 52-Week High – Should You Buy?

Willis Towers Watson Public Limited (NASDAQ:WTW) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $321.63 and last traded at $320.86, with a volume of 1125226 shares. The stock had previously closed at $316.65.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Jefferies Financial Group increased their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Wells Fargo & Company increased their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Finally, Truist Financial raised their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $313.87.

Willis Towers Watson Public Price Performance

The company has a market capitalization of $32.32 billion, a PE ratio of -44.07, a price-to-earnings-growth ratio of 2.00 and a beta of 0.73. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The firm’s 50-day moving average is $300.67 and its 200-day moving average is $280.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.24 EPS. Equities analysts predict that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of hedge funds have recently made changes to their positions in the business. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public in the 3rd quarter worth $27,000. American National Bank bought a new position in shares of Willis Towers Watson Public during the second quarter valued at about $36,000. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public in the third quarter worth about $41,000. New Millennium Group LLC bought a new stake in shares of Willis Towers Watson Public in the 2nd quarter valued at about $54,000. Finally, LRI Investments LLC purchased a new stake in Willis Towers Watson Public during the 1st quarter valued at about $58,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.