Weight Watchers International, Inc. (NYSE:WTW) Director Denis F. Kelly bought 2,200 shares of the stock in a transaction that occurred on Thursday, March 8th. The shares were purchased at an average cost of $62.43 per share, with a total value of $137,346.00. Following the purchase, the director now directly owns 41,852 shares of the company’s stock, valued at $2,612,820.36. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Weight Watchers International, Inc. (WTW) opened at $64.86 on Tuesday. Weight Watchers International, Inc. has a 52 week low of $14.12 and a 52 week high of $77.19. The firm has a market cap of $4,190.00, a price-to-earnings ratio of 46.33, a P/E/G ratio of 1.64 and a beta of 3.17. The company has a debt-to-equity ratio of -1.71, a quick ratio of 0.52 and a current ratio of 0.61.
Weight Watchers International (NYSE:WTW) last announced its earnings results on Tuesday, February 27th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Weight Watchers International had a net margin of 12.52% and a negative return on equity of 10.38%. The business had revenue of $312.50 million during the quarter, compared to the consensus estimate of $309.35 million. analysts expect that Weight Watchers International, Inc. will post 2.58 EPS for the current fiscal year.
WTW has been the subject of a number of analyst reports. B. Riley lifted their target price on shares of Weight Watchers International from $65.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. ValuEngine downgraded shares of Weight Watchers International from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Zacks Investment Research downgraded shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 1st. Sidoti raised shares of Weight Watchers International from a “neutral” rating to a “buy” rating in a research note on Monday, March 5th. Finally, Craig Hallum lifted their target price on shares of Weight Watchers International from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. One analyst has rated the stock with a sell rating, four have assigned a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $72.00.
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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.
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