Weight Watchers International, Inc. (NYSE:WTW) Director Denis F. Kelly purchased 2,200 shares of the company’s stock in a transaction that occurred on Thursday, March 8th. The stock was bought at an average cost of $62.43 per share, with a total value of $137,346.00. Following the purchase, the director now owns 41,852 shares of the company’s stock, valued at $2,612,820.36. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of Weight Watchers International, Inc. (NYSE:WTW) traded up $1.28 during midday trading on Monday, reaching $64.86. The company’s stock had a trading volume of 1,718,982 shares, compared to its average volume of 2,179,856. The company has a debt-to-equity ratio of -1.71, a quick ratio of 0.52 and a current ratio of 0.61. The firm has a market capitalization of $4,180.00, a P/E ratio of 46.34, a price-to-earnings-growth ratio of 1.64 and a beta of 3.17. Weight Watchers International, Inc. has a 12-month low of $14.12 and a 12-month high of $77.19.
Weight Watchers International (NYSE:WTW) last issued its earnings results on Tuesday, February 27th. The company reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.06. The firm had revenue of $312.50 million during the quarter, compared to the consensus estimate of $309.35 million. Weight Watchers International had a negative return on equity of 10.38% and a net margin of 12.52%. equities research analysts forecast that Weight Watchers International, Inc. will post 2.58 EPS for the current year.
A number of research analysts recently commented on the company. Zacks Investment Research raised Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $72.00 price target for the company in a research note on Tuesday, March 6th. Sidoti raised Weight Watchers International from a “neutral” rating to a “buy” rating in a research note on Monday, March 5th. ValuEngine raised Weight Watchers International from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Craig Hallum boosted their price target on Weight Watchers International from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Finally, B. Riley reaffirmed a “buy” rating and issued a $98.00 price target (up previously from $86.00) on shares of Weight Watchers International in a research note on Wednesday, February 28th. One analyst has rated the stock with a sell rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $72.00.
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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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