Weight Watchers International (WTW) Stock Rating Lowered by ValuEngine

ValuEngine cut shares of Weight Watchers International (NYSE:WTW) from a buy rating to a hold rating in a research note published on Thursday morning.

Other research analysts have also issued reports about the company. BidaskClub upgraded Weight Watchers International from a buy rating to a strong-buy rating in a research report on Friday, August 11th. Craig Hallum reiterated a buy rating and issued a $70.00 price objective (up from $50.00) on shares of Weight Watchers International in a research report on Tuesday, November 7th. Finally, Zacks Investment Research lowered Weight Watchers International from a strong-buy rating to a hold rating in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $35.55.

Weight Watchers International (NYSE:WTW) opened at $47.11 on Thursday. The company has a market capitalization of $3,040.02, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 2.00 and a beta of 2.96. 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 12-month low of $9.88 and a 12-month high of $54.47.

Weight Watchers International (NYSE:WTW) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.65 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.14. The firm had revenue of $323.70 million for the quarter, compared to analyst estimates of $319.40 million. Weight Watchers International had a negative return on equity of 8.81% and a net margin of 9.03%. The business’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same period last year, the company earned $0.53 EPS. equities research analysts predict that Weight Watchers International will post 1.57 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of WTW. Macquarie Group Ltd. bought a new position in shares of Weight Watchers International in the 2nd quarter worth $22,572,000. PDT Partners LLC bought a new position in shares of Weight Watchers International in the 2nd quarter worth $16,546,000. Dimensional Fund Advisors LP boosted its position in shares of Weight Watchers International by 122.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 580,953 shares of the company’s stock worth $25,300,000 after purchasing an additional 320,227 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Weight Watchers International by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 2,368,696 shares of the company’s stock worth $36,881,000 after purchasing an additional 111,648 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Weight Watchers International in the 3rd quarter worth $4,751,000. Institutional investors and hedge funds own 86.52% 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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