Langen Mcalenn Comments on Willis Towers Watson PLC’s Q1 2018 Earnings (WLTW)

Willis Towers Watson PLC (NASDAQ:WLTW) – Langen Mcalenn lifted their Q1 2018 earnings per share (EPS) estimates for shares of Willis Towers Watson in a report released on Friday. Langen Mcalenn analyst R. Glasspiegel now anticipates that the financial services provider will post earnings of $4.13 per share for the quarter, up from their prior forecast of $4.08. Langen Mcalenn also issued estimates for Willis Towers Watson’s Q2 2018 earnings at $1.68 EPS, Q3 2018 earnings at $1.34 EPS, Q4 2018 earnings at $2.40 EPS, Q1 2019 earnings at $4.44 EPS, Q2 2019 earnings at $2.12 EPS, Q3 2019 earnings at $1.50 EPS, Q4 2019 earnings at $2.67 EPS and FY2019 earnings at $10.75 EPS.

Willis Towers Watson (NASDAQ:WLTW) last posted its quarterly earnings data on Thursday, February 8th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.11 by $0.10. Willis Towers Watson had a net margin of 6.93% and a return on equity of 11.25%. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the firm posted $1.88 EPS. The business’s revenue was up 7.8% compared to the same quarter last year.

Other analysts have also issued reports about the stock. Wells Fargo & Co reiterated a “hold” rating and set a $154.00 target price on shares of Willis Towers Watson in a research report on Wednesday, January 10th. Zacks Investment Research lowered shares of Willis Towers Watson from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Deutsche Bank lifted their target price on shares of Willis Towers Watson from $140.00 to $150.00 and gave the company a “sell” rating in a research report on Friday. BidaskClub lowered shares of Willis Towers Watson from a “hold” rating to a “sell” rating in a research report on Friday, December 22nd. Finally, ValuEngine upgraded shares of Willis Towers Watson from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $166.75.

Shares of Willis Towers Watson (NASDAQ:WLTW) opened at $152.14 on Monday. The company has a current ratio of 1.82, a quick ratio of 1.97 and a debt-to-equity ratio of 0.43. Willis Towers Watson has a 12-month low of $120.87 and a 12-month high of $165.00. The firm has a market cap of $20,103.78, a PE ratio of 36.40, a PEG ratio of 1.49 and a beta of 0.90.

A number of large investors have recently added to or reduced their stakes in the business. First Republic Investment Management Inc. boosted its position in Willis Towers Watson by 2.0% in the fourth quarter. First Republic Investment Management Inc. now owns 59,358 shares of the financial services provider’s stock valued at $8,945,000 after buying an additional 1,182 shares in the last quarter. Mawer Investment Management Ltd. boosted its position in Willis Towers Watson by 2.4% in the fourth quarter. Mawer Investment Management Ltd. now owns 1,079,618 shares of the financial services provider’s stock valued at $162,688,000 after buying an additional 25,350 shares in the last quarter. Suntrust Banks Inc. boosted its position in Willis Towers Watson by 30.6% in the fourth quarter. Suntrust Banks Inc. now owns 17,050 shares of the financial services provider’s stock valued at $2,569,000 after buying an additional 3,993 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Willis Towers Watson in the fourth quarter valued at about $267,000. Finally, Norinchukin Bank The boosted its position in Willis Towers Watson by 10.8% in the fourth quarter. Norinchukin Bank The now owns 6,619 shares of the financial services provider’s stock valued at $997,000 after buying an additional 643 shares in the last quarter. Hedge funds and other institutional investors own 94.25% of the company’s stock.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Sunday, December 31st were given a $0.53 dividend. The ex-dividend date was Thursday, December 28th. This represents a $2.12 dividend on an annualized basis and a yield of 1.39%. Willis Towers Watson’s dividend payout ratio (DPR) is presently 50.72%.

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About Willis Towers Watson

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

Earnings History and Estimates for Willis Towers Watson (NASDAQ:WLTW)

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