Weight Watchers International, Inc. (WTW) Given Consensus Rating of “Hold” by Brokerages

Shares of Weight Watchers International, Inc. (NYSE:WTW) have been given a consensus recommendation of “Hold” by the seven brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $51.00.

A number of brokerages have recently commented on WTW. Craig Hallum reiterated a “buy” rating and issued a $70.00 price target (up from $50.00) on shares of Weight Watchers International in a research note on Tuesday, November 7th. ValuEngine cut Weight Watchers International from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $52.00 price target for the company in a research note on Tuesday, November 21st. Finally, B. Riley set a $65.00 price target on Weight Watchers International and gave the company a “buy” rating in a research note on Tuesday, December 19th.

Weight Watchers International (NYSE:WTW) opened at $59.44 on Tuesday. Weight Watchers International has a 12 month low of $11.61 and a 12 month high of $59.70. The company has a market capitalization of $3,830.00, a price-to-earnings ratio of 35.38, a PEG ratio of 2.39 and a beta of 2.95. The company has a quick ratio of 0.88, a current ratio of 0.96 and a debt-to-equity ratio of -1.74.

Weight Watchers International (NYSE:WTW) last announced its quarterly earnings results on Monday, November 6th. The company reported $0.65 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.14. Weight Watchers International had a negative return on equity of 8.81% and a net margin of 9.03%. The company had revenue of $323.70 million during the quarter, compared to analysts’ expectations of $319.40 million. During the same period in the prior year, the company earned $0.53 EPS. Weight Watchers International’s revenue was up 15.3% compared to the same quarter last year. sell-side analysts predict that Weight Watchers International will post 1.59 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in WTW. Schwab Charles Investment Management Inc. lifted its stake in shares of Weight Watchers International by 8.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 504,438 shares of the company’s stock valued at $16,859,000 after acquiring an additional 38,990 shares during the last quarter. First Trust Advisors LP raised its position in Weight Watchers International by 149.2% during the 2nd quarter. First Trust Advisors LP now owns 33,687 shares of the company’s stock worth $1,126,000 after purchasing an additional 20,167 shares during the last quarter. Rhumbline Advisers raised its position in Weight Watchers International by 0.9% during the 2nd quarter. Rhumbline Advisers now owns 32,595 shares of the company’s stock worth $1,089,000 after purchasing an additional 302 shares during the last quarter. SG Americas Securities LLC bought a new position in Weight Watchers International during the 2nd quarter worth $234,000. Finally, BNP Paribas Arbitrage SA raised its position in Weight Watchers International by 123.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,134 shares of the company’s stock worth $238,000 after purchasing an additional 3,936 shares during the last quarter. Institutional investors own 86.49% of the company’s stock.

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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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