Weight Watchers International Inc (NYSE:WTW) Scheduled to Post Earnings on Wednesday
Weight Watchers International Inc (NYSE:WTW) is scheduled to release its earnings data after the market closes on Wednesday, August 2nd. Analysts expect Weight Watchers International to post earnings of $0.51 per share for the quarter.
Weight Watchers International (NYSE:WTW) last posted its quarterly earnings results on Tuesday, May 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The business had revenue of $329.10 million during the quarter, compared to analyst estimates of $322.80 million. Weight Watchers International had a negative return on equity of 6.30% and a net margin of 7.51%. On average, analysts expect Weight Watchers International to post $1.29 EPS for the current fiscal year and $1.50 EPS for the next fiscal year.
Shares of Weight Watchers International Inc (NYSE WTW) opened at 37.47 on Wednesday. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 27.96 and a beta of 3.04. Weight Watchers International Inc has a 52-week low of $9.37 and a 52-week high of $39.71. The stock has a 50 day moving average price of $32.30 and a 200-day moving average price of $20.96.
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In other Weight Watchers International news, insider Corinne Pollier-Bousquet sold 6,600 shares of Weight Watchers International stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $25.75, for a total value of $169,950.00. Following the completion of the sale, the insider now directly owns 12,795 shares of the company’s stock, valued at approximately $329,471.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 15.75% of the company’s stock.
Several research analysts recently issued reports on WTW shares. Morgan Stanley lifted their price objective on Weight Watchers International from $13.00 to $18.00 and gave the stock an “underweight” rating in a research report on Monday, May 8th. Zacks Investment Research upgraded Weight Watchers International from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Friday, May 5th. Sidoti downgraded Weight Watchers International from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 30th. Finally, ValuEngine upgraded Weight Watchers International from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $20.44.
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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