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Weight Watchers International (NYSE:WTW) shares reached a new 52-week low during mid-day trading on Monday , AmericanBankingNews.com reports. The company traded as low as $19.32 and last traded at $19.33, with a volume of 943,384 shares trading hands. The stock had previously closed at $20.00.

A number of research firms have recently commented on WTW. Analysts at Zacks downgraded shares of Weight Watchers International from an “outperform” rating to a “neutral” rating in a research note on Monday, July 7th. They now have a $24.30 price target on the stock. Separately, analysts at TheStreet downgraded shares of Weight Watchers International from a “hold” rating to a “sell” rating in a research note on Tuesday, May 6th. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, May 1st. They now have a $23.00 price target on the stock. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $23.46.

The stock’s 50-day moving average is $21.24 and its 200-day moving average is $23.48. The company has a market cap of $1.105 billion and a P/E ratio of 6.37.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.38 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.29. The company had revenue of $409.40 million for the quarter, compared to the consensus estimate of $399.20 million. Analysts expect that Weight Watchers International will post $1.63 EPS for the current fiscal year.

Weight Watchers International, Inc (NYSE:WTW) is a global-branded consumer company and a provider of weight management services, operating globally through a network of Company-owned and franchise operations.

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