Weight Watchers International, Inc. (WTW) Expected to Post Earnings of $0.31 Per Share

Brokerages predict that Weight Watchers International, Inc. (NYSE:WTW) will announce earnings per share (EPS) of $0.31 for the current quarter, according to Zacks. Two analysts have issued estimates for Weight Watchers International’s earnings, with the lowest EPS estimate coming in at $0.29 and the highest estimate coming in at $0.33. Weight Watchers International posted earnings per share of $0.19 in the same quarter last year, which would suggest a positive year over year growth rate of 63.2%. The business is scheduled to report its next quarterly earnings report on Tuesday, February 27th.

According to Zacks, analysts expect that Weight Watchers International will report full-year earnings of $1.59 per share for the current financial year, with EPS estimates ranging from $1.57 to $1.60. For the next year, analysts expect that the business will report earnings of $1.66 per share, with EPS estimates ranging from $1.64 to $1.67. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Weight Watchers International.

Weight Watchers International (NYSE:WTW) last issued its earnings results on Monday, November 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.14. The company had revenue of $323.70 million for the quarter, compared to analyst estimates of $319.40 million. Weight Watchers International had a net margin of 9.03% and a negative return on equity of 8.81%. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS.

WTW has been the topic of several recent research reports. Zacks Investment Research raised shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $52.00 target price on the stock in a research note on Tuesday, November 21st. B. Riley set a $65.00 target price on shares of Weight Watchers International and gave the company a “buy” rating in a research note on Tuesday, December 19th. ValuEngine lowered shares of Weight Watchers International from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, Craig Hallum reissued a “buy” rating and set a $70.00 price objective (up previously from $50.00) on shares of Weight Watchers International in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Weight Watchers International currently has an average rating of “Hold” and a consensus price target of $51.25.

A number of institutional investors have recently added to or reduced their stakes in the stock. American International Group Inc. boosted its stake in Weight Watchers International by 8.1% during the 3rd quarter. American International Group Inc. now owns 18,772 shares of the company’s stock worth $818,000 after acquiring an additional 1,404 shares during the last quarter. Voya Investment Management LLC boosted its stake in Weight Watchers International by 16.6% during the 2nd quarter. Voya Investment Management LLC now owns 13,138 shares of the company’s stock worth $439,000 after acquiring an additional 1,874 shares during the last quarter. Sei Investments Co. boosted its stake in Weight Watchers International by 3,364.2% during the 3rd quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock worth $181,000 after acquiring an additional 4,037 shares during the last quarter. Trexquant Investment LP bought a new position in Weight Watchers International during the 3rd quarter worth approximately $216,000. Finally, Virginia Retirement Systems ET AL bought a new position in Weight Watchers International during the 3rd quarter worth approximately $226,000. 86.43% of the stock is currently owned by institutional investors and hedge funds.

Weight Watchers International (WTW) opened at $67.70 on Wednesday. The stock has a market cap of $4,360.00, a PE ratio of 40.30, a PEG ratio of 2.56 and a beta of 2.95. The company has a debt-to-equity ratio of -1.74, a current ratio of 0.96 and a quick ratio of 0.88. Weight Watchers International has a one year low of $11.66 and a one year high of $68.09.

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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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