Weight Watchers International (NYSE:WTW) announced its quarterly earnings data on Tuesday. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.07, reports. Weight Watchers International had a net margin of 9.03% and a negative return on equity of 8.81%. Weight Watchers International updated its FY18 guidance to $2.40-2.70 EPS.
Shares of Weight Watchers International (WTW) traded down $1.83 during trading on Tuesday, hitting $69.83. 2,554,638 shares of the stock were exchanged, compared to its average volume of 1,700,000. Weight Watchers International has a 12 month low of $12.25 and a 12 month high of $77.19. The stock has a market cap of $4,510.00, a PE ratio of 41.57, a price-to-earnings-growth ratio of 2.96 and a beta of 3.35. The company has a quick ratio of 0.88, a current ratio of 0.96 and a debt-to-equity ratio of -1.74.
WTW has been the subject of a number of research reports. Craig Hallum reaffirmed a “buy” rating and issued a $70.00 price objective (up previously from $50.00) on shares of Weight Watchers International in a research note on Tuesday, November 7th. Zacks Investment Research raised shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $52.00 price objective for the company in a research note on Tuesday, November 21st. ValuEngine cut shares of Weight Watchers International from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Finally, B. Riley set a $65.00 price objective on shares of Weight Watchers International and gave the company a “buy” rating in a research note on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Weight Watchers International presently has an average rating of “Hold” and a consensus target price of $59.00.
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About Weight Watchers International
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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