Willis Towers Watson (WLTW) Updates FY18 Earnings Guidance

Willis Towers Watson (NASDAQ:WLTW) issued an update on its FY18 earnings guidance on Thursday morning. The company provided earnings per share guidance of $9.88-10.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.79.

Willis Towers Watson (NASDAQ WLTW) traded up $0.98 during midday trading on Friday, reaching $153.34. 53,533 shares of the company’s stock traded hands, compared to its average volume of 627,160. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.45. Willis Towers Watson has a twelve month low of $121.19 and a twelve month high of $165.00. The stock has a market capitalization of $20,780.27, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 1.58 and a beta of 0.90.

Willis Towers Watson (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, February 8th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.10. Willis Towers Watson had a net margin of 4.43% and a return on equity of 10.93%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period in the prior year, the business posted $1.88 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. equities analysts expect that Willis Towers Watson will post 8.41 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Sunday, December 31st were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.38%. Willis Towers Watson’s dividend payout ratio is currently 81.85%.

A number of research firms have recently weighed in on WLTW. Wells Fargo & Co reiterated a hold rating and set a $154.00 target price on shares of Willis Towers Watson in a report on Thursday. Keefe, Bruyette & Woods reiterated a buy rating and set a $164.00 target price on shares of Willis Towers Watson in a report on Thursday, October 12th. Zacks Investment Research lowered shares of Willis Towers Watson from a hold rating to a strong sell rating in a report on Saturday, February 3rd. Robert W. Baird reiterated a buy rating and set a $167.00 target price on shares of Willis Towers Watson in a report on Friday, November 3rd. Finally, Goldman Sachs Group began coverage on shares of Willis Towers Watson in a report on Monday, December 4th. They set a sell rating and a $153.00 target price for the company. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company. Willis Towers Watson has an average rating of Buy and a consensus target price of $165.08.

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Willis Towers Watson Company Profile

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

Earnings History and Estimates for Willis Towers Watson (NASDAQ:WLTW)

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