Weight Watchers International Inc. (NYSE:WTW) was downgraded by equities research analysts at Vetr from a “strong-buy” rating to a “buy” rating in a research report issued on Monday. They currently have a $11.83 price target on the stock. Vetr‘s target price would indicate a potential upside of 11.92% from the company’s current price.
Separately, Zacks Investment Research raised Weight Watchers International from a “sell” rating to a “hold” rating in a research report on Wednesday, August 31st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Weight Watchers International has a consensus rating of “Hold” and a consensus price target of $18.55.
Shares of Weight Watchers International (NYSE:WTW) traded up 2.42% during midday trading on Monday, hitting $10.57. 591,907 shares of the stock traded hands. The stock has a market cap of $675.02 million, a price-to-earnings ratio of 21.93 and a beta of 3.17. Weight Watchers International has a 12-month low of $6.51 and a 12-month high of $28.05. The company’s 50 day moving average price is $10.53 and its 200-day moving average price is $12.47.
Weight Watchers International (NYSE:WTW) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.46 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.46. Weight Watchers International had a negative return on equity of 3.07% and a net margin of 2.63%. The business earned $310 million during the quarter, compared to the consensus estimate of $318.30 million. During the same period in the previous year, the company posted $0.49 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. On average, equities research analysts expect that Weight Watchers International will post $0.96 EPS for the current year.
Several large investors have recently bought and sold shares of WTW. Acrospire Investment Management LLC increased its stake in Weight Watchers International by 926.1% in the second quarter. Acrospire Investment Management LLC now owns 8,753 shares of the company’s stock valued at $102,000 after buying an additional 7,900 shares during the last quarter. Alpine Partners VI LLC purchased a new stake in Weight Watchers International during the second quarter valued at $122,000. Seven Eight Capital LLC increased its stake in Weight Watchers International by 156.1% in the first quarter. Seven Eight Capital LLC now owns 9,558 shares of the company’s stock valued at $139,000 after buying an additional 5,826 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Weight Watchers International by 262.6% in the second quarter. BNP Paribas Arbitrage SA now owns 13,169 shares of the company’s stock valued at $153,000 after buying an additional 9,537 shares during the last quarter. Finally, Zacks Investment Management increased its stake in Weight Watchers International by 0.4% in the second quarter. Zacks Investment Management now owns 14,565 shares of the company’s stock valued at $169,000 after buying an additional 58 shares during the last quarter. 91.90% of the stock is owned by institutional investors and hedge funds.
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.
To view Vetr’s full report, visit Vetr’s official website.
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