Weight Watchers International Inc. (NYSE:WTW) has earned a consensus rating of “Hold” from the eight analysts that are currently covering the company. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $20.37.
Several analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Weight Watchers International from a “sell” rating to a “hold” rating in a research report on Thursday. Vetr lowered shares of Weight Watchers International from a “strong-buy” rating to a “buy” rating and set a $11.83 target price on the stock. in a report on Monday.
A number of institutional investors have recently added to or reduced their stakes in WTW. Acrospire Investment Management LLC boosted its position in Weight Watchers International by 926.1% in the second quarter. Acrospire Investment Management LLC now owns 8,753 shares of the company’s stock worth $102,000 after buying an additional 7,900 shares in the last quarter. Alpine Partners VI LLC bought a new position in Weight Watchers International during the second quarter worth approximately $122,000. Seven Eight Capital LLC boosted its position in Weight Watchers International by 156.1% in the first quarter. Seven Eight Capital LLC now owns 9,558 shares of the company’s stock worth $139,000 after buying an additional 5,826 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in Weight Watchers International by 262.6% in the second quarter. BNP Paribas Arbitrage SA now owns 13,169 shares of the company’s stock worth $153,000 after buying an additional 9,537 shares in the last quarter. Finally, Zacks Investment Management boosted its position in Weight Watchers International by 0.4% in the second quarter. Zacks Investment Management now owns 14,565 shares of the company’s stock worth $169,000 after buying an additional 58 shares in the last quarter. 91.90% of the stock is owned by institutional investors and hedge funds.
Shares of Weight Watchers International (NYSE:WTW) traded down 2.92% during mid-day trading on Thursday, reaching $10.64. 691,736 shares of the company’s stock were exchanged. The firm has a market cap of $679.49 million, a P/E ratio of 22.07 and a beta of 3.17. The company has a 50 day moving average price of $10.50 and a 200 day moving average price of $12.44. Weight Watchers International has a 52-week low of $6.68 and a 52-week high of $28.05.
Weight Watchers International (NYSE:WTW) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $310 million for the quarter, compared to analyst estimates of $318.30 million. Weight Watchers International had a net margin of 2.63% and a negative return on equity of 3.07%. The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Analysts forecast that Weight Watchers International will post $0.96 earnings per share for the current fiscal year.