Share on StockTwits

Weight Watchers International (NYSE:WTW) major shareholder S.A. Westend bought 118,784 shares of the stock on the open market in a transaction dated Wednesday, August 6th. The stock was purchased at an average cost of $21.83 per share, for a total transaction of $2,593,054.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

A number of research firms have recently commented on WTW. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, July 31st. They now have a $20.00 price target on the stock, down previously from $23.00. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, July 31st. They now have a $20.00 price target on the stock, down previously from $23.00. Finally, 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. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Weight Watchers International has a consensus rating of “Hold” and a consensus price target of $22.86.

Shares of Weight Watchers International (NYSE:WTW) traded down 0.09% on Wednesday, hitting $21.71. 540,688 shares of the company’s stock traded hands. Weight Watchers International has a 52-week low of $19.09 and a 52-week high of $41.44. The stock’s 50-day moving average is $20.64 and its 200-day moving average is $22.01. The company has a market cap of $1.229 billion and a P/E ratio of 7.39.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.21. The company had revenue of $397.50 million for the quarter, compared to the consensus estimate of $387.70 million. During the same quarter in the previous year, the company posted $1.39 earnings per share. The company’s revenue for the quarter was down 15.6% on a year-over-year basis. Analysts expect that Weight Watchers International will post $1.75 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.