Shares of Weight Watchers International, Inc. (NYSE:WTW) have been assigned a consensus recommendation of “Hold” from the five analysts that are covering the stock. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $16.44.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $20.00 target price on the stock in a research report on Wednesday, March 8th. Sidoti raised their target price on shares of Weight Watchers International from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, January 4th. Finally, Vetr lowered shares of Weight Watchers International from a “sell” rating to a “strong sell” rating and set a $9.75 target price on the stock. in a research report on Thursday, December 22nd.
Shares of Weight Watchers International (NYSE:WTW) traded down 1.32% during trading on Monday, hitting $17.99. 950,738 shares of the stock traded hands. Weight Watchers International has a 12 month low of $9.37 and a 12 month high of $19.86. The stock has a market cap of $1.15 billion, a PE ratio of 17.47 and a beta of 2.93. The firm’s 50-day moving average price is $16.32 and its 200-day moving average price is $12.68.
Weight Watchers International (NYSE:WTW) last announced its quarterly earnings results on Tuesday, February 28th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.02. The company had revenue of $267.40 million for the quarter, compared to analyst estimates of $274.20 million. Weight Watchers International had a net margin of 3.73% and a negative return on equity of 4.10%. The firm’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.03) earnings per share. Analysts anticipate that Weight Watchers International will post $1.27 EPS for the current year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Melvin Capital Management LP purchased a new position in Weight Watchers International during the third quarter valued at about $7,327,000. 12 West Capital Management LP purchased a new position in Weight Watchers International during the fourth quarter valued at about $6,852,000. Gotham Asset Management LLC purchased a new position in Weight Watchers International during the third quarter valued at about $3,839,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Weight Watchers International during the fourth quarter valued at about $3,045,000. Finally, Highland Capital Management LP increased its position in Weight Watchers International by 102.1% in the fourth quarter. Highland Capital Management LP now owns 235,500 shares of the company’s stock valued at $2,696,000 after buying an additional 119,000 shares during the period. 87.87% of the stock is owned by institutional investors and hedge funds.
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.
Receive News & Ratings for Weight Watchers International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International Inc. and related companies with our FREE daily email newsletter.