Analysts expect that Weight Watchers International, Inc. (NYSE:WTW) will announce $309.35 million in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Weight Watchers International’s earnings. The highest sales estimate is $310.80 million and the lowest is $307.90 million. Weight Watchers International reported sales of $267.40 million in the same quarter last year, which indicates a positive year-over-year growth rate of 15.7%. The firm is scheduled to announce its next earnings results after the market closes on Tuesday, February 27th.
On average, analysts expect that Weight Watchers International will report full year sales of $309.35 million for the current financial year. For the next fiscal year, analysts forecast that the company will report sales of $1.40 billion per share, with estimates ranging from $1.38 billion to $1.42 billion. Zacks’ sales calculations are an average based on a survey of analysts that follow Weight Watchers International.
A number of brokerages have commented on WTW. B. Riley raised their price objective on Weight Watchers International from $65.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. Craig Hallum reiterated a “buy” rating and set a $80.00 price target (up from $70.00) on shares of Weight Watchers International in a report on Wednesday, February 7th. Zacks Investment Research upgraded Weight Watchers International from a “strong sell” rating to a “hold” rating in a report on Friday, January 26th. Finally, ValuEngine lowered Weight Watchers International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Weight Watchers International has an average rating of “Hold” and an average target price of $59.00.
Shares of Weight Watchers International (WTW) traded down $0.14 during midday trading on Monday, reaching $73.94. The company’s stock had a trading volume of 880,500 shares, compared to its average volume of 2,049,618. Weight Watchers International has a 12-month low of $12.05 and a 12-month high of $76.09. The firm has a market cap of $4,750.00, a price-to-earnings ratio of 44.01, a PEG ratio of 2.89 and a beta of 3.35. The company has a debt-to-equity ratio of -1.74, a current ratio of 0.96 and a quick ratio of 0.88.
Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in shares of Weight Watchers International by 256.8% during the 2nd quarter. Royal Bank of Canada now owns 35,485 shares of the company’s stock valued at $1,186,000 after buying an additional 25,539 shares during the last quarter. 361 Capital LLC acquired a new stake in shares of Weight Watchers International during the 3rd quarter valued at about $2,155,000. Alliancebernstein L.P. lifted its holdings in shares of Weight Watchers International by 163.2% during the 2nd quarter. Alliancebernstein L.P. now owns 59,000 shares of the company’s stock valued at $1,972,000 after buying an additional 36,580 shares during the last quarter. OxFORD Asset Management LLP acquired a new stake in shares of Weight Watchers International during the 3rd quarter valued at about $2,746,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Weight Watchers International by 0.6% during the 2nd quarter. Vanguard Group Inc. now owns 2,382,121 shares of the company’s stock valued at $79,611,000 after buying an additional 13,425 shares during the last quarter. Institutional investors and hedge funds own 87.35% of the company’s stock.
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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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