Weight Watchers International Inc (NYSE:WTW) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

Several other equities research analysts have also recently commented on the company. Morgan Stanley upped their price target on Weight Watchers International from $13.00 to $18.00 and gave the stock an “underweight” rating in a research note on Monday, May 8th. Sidoti lowered Weight Watchers International from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 30th. Zacks Investment Research upgraded Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $54.00 target price on the stock in a research report on Friday, August 18th. Finally, BidaskClub downgraded Weight Watchers International from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $27.44.

Weight Watchers International (WTW) traded down 2.48% on Friday, reaching $45.65. 1,740,696 shares of the company’s stock were exchanged. Weight Watchers International has a one year low of $9.37 and a one year high of $49.32. The firm has a 50 day moving average price of $42.48 and a 200 day moving average price of $27.31. The firm has a market cap of $2.94 billion, a PE ratio of 29.24 and a beta of 3.06.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.17. The firm had revenue of $341.70 million for the quarter, compared to analyst estimates of $329.55 million. Weight Watchers International had a net margin of 8.52% and a negative return on equity of 7.70%. Weight Watchers International’s revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 EPS. On average, equities analysts anticipate that Weight Watchers International will post $1.46 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of WTW. Sigma Planning Corp increased its position in shares of Weight Watchers International by 1.2% in the second quarter. Sigma Planning Corp now owns 15,480 shares of the company’s stock worth $180,000 after buying an additional 180 shares during the period. Auxier Asset Management raised its stake in Weight Watchers International by 0.6% in the fourth quarter. Auxier Asset Management now owns 49,220 shares of the company’s stock worth $564,000 after buying an additional 300 shares during the period. Rhumbline Advisers raised its stake in Weight Watchers International by 0.9% in the second quarter. Rhumbline Advisers now owns 32,595 shares of the company’s stock worth $1,089,000 after buying an additional 302 shares during the period. California State Teachers Retirement System raised its stake in Weight Watchers International by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 51,202 shares of the company’s stock worth $1,167,000 after buying an additional 935 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its stake in Weight Watchers International by 1.6% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 64,482 shares of the company’s stock worth $1,004,000 after buying an additional 1,000 shares during the period. Institutional investors and hedge funds own 88.20% of the company’s stock.

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.

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