Equities analysts expect Weight Watchers International, Inc. (NYSE:WTW) to report earnings per share (EPS) of $0.88 for the current quarter, Zacks reports. Four analysts have made estimates for Weight Watchers International’s earnings. The lowest EPS estimate is $0.84 and the highest is $0.91. Weight Watchers International reported earnings of $0.67 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 31.3%. The firm is scheduled to issue its next quarterly earnings report on Thursday, August 2nd.
On average, analysts expect that Weight Watchers International will report full-year earnings of $2.89 per share for the current fiscal year, with EPS estimates ranging from $2.85 to $2.95. For the next fiscal year, analysts forecast that the company will report earnings of $3.70 per share, with EPS estimates ranging from $3.57 to $3.78. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Weight Watchers International.
Weight Watchers International (NYSE:WTW) last released its quarterly earnings data on Thursday, May 3rd. The company reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.25. The business had revenue of $408.20 million during the quarter, compared to analysts’ expectations of $388.49 million. Weight Watchers International had a net margin of 13.85% and a negative return on equity of 12.95%. The company’s revenue for the quarter was up 24.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.01) EPS.
Several research firms have recently issued reports on WTW. ValuEngine raised shares of Weight Watchers International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. B. Riley set a $98.00 price objective on shares of Weight Watchers International and gave the stock a “buy” rating in a research report on Wednesday, March 14th. SunTrust Banks began coverage on shares of Weight Watchers International in a research report on Tuesday, May 15th. They set a “buy” rating and a $90.00 price objective for the company. Sidoti raised shares of Weight Watchers International from a “neutral” rating to a “buy” rating in a research report on Monday, March 5th. Finally, Bank of America began coverage on shares of Weight Watchers International in a research report on Tuesday, June 5th. They set a “buy” rating and a $95.00 price objective for the company. Seven analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $104.00.
In related news, insider Corinne Pollier-Bousquet sold 12,573 shares of the business’s stock in a transaction on Friday, April 20th. The shares were sold at an average price of $70.00, for a total value of $880,110.00. Following the completion of the sale, the insider now directly owns 38,146 shares of the company’s stock, valued at $2,670,220. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 12.31% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. raised its holdings in shares of Weight Watchers International by 2.4% in the fourth quarter. BlackRock Inc. now owns 1,779,384 shares of the company’s stock valued at $78,790,000 after buying an additional 41,714 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of Weight Watchers International in the first quarter valued at about $155,000. Delpha Capital Management LLC purchased a new stake in shares of Weight Watchers International in the fourth quarter valued at about $257,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Weight Watchers International by 118.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 132,062 shares of the company’s stock valued at $5,848,000 after buying an additional 71,562 shares during the last quarter. Finally, Smith Asset Management Group LP purchased a new stake in shares of Weight Watchers International in the fourth quarter valued at about $3,393,000. 90.69% of the stock is owned by hedge funds and other institutional investors.
Weight Watchers International opened at $99.04 on Tuesday, Marketbeat Ratings reports. The firm has a market cap of $6.74 billion, a PE ratio of 60.02, a PEG ratio of 2.01 and a beta of 3.22. Weight Watchers International has a 12-month low of $31.66 and a 12-month high of $105.73. The company has a debt-to-equity ratio of -1.70, a current ratio of 0.72 and a quick ratio of 0.65.
About Weight Watchers International
Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.
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