Zacks Investment Research upgraded shares of Weight Watchers International Inc. (NYSE:WTW) from a sell rating to a hold rating in a research report report published on Thursday.

According to Zacks, “Weight Watchers International, Inc. is the largest provider of weight control programs in the world. The core of their business is weekly meetings, in which they present thier scientifically designed program, incorporating group support and education about healthy eating patterns, behavior modification and physical activity. “

Separately, Vetr cut Weight Watchers International from a strong-buy rating to a buy rating and set a $11.83 target price for the company. in a research note on Monday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $18.55.

Shares of Weight Watchers International (NYSE:WTW) traded down 1.99% during midday trading on Thursday, hitting $10.32. The stock had a trading volume of 254,216 shares. The firm’s 50-day moving average price is $10.48 and its 200-day moving average price is $12.42. The firm has a market capitalization of $659.06 million, a PE ratio of 21.41 and a beta of 3.17. Weight Watchers International has a one year low of $6.68 and a one year high of $28.05.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.46 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.46. Weight Watchers International had a negative return on equity of 3.07% and a net margin of 2.63%. The firm earned $310 million during the quarter, compared to the consensus estimate of $318.30 million. During the same quarter in the previous year, the company posted $0.49 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. On average, equities analysts predict that Weight Watchers International will post $0.94 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Zacks Investment Management boosted its stake in Weight Watchers International by 0.4% in the second quarter. Zacks Investment Management now owns 14,565 shares of the company’s stock worth $169,000 after buying an additional 58 shares during the period. Rhumbline Advisers boosted its stake in Weight Watchers International by 0.6% in the second quarter. Rhumbline Advisers now owns 30,393 shares of the company’s stock worth $353,000 after buying an additional 175 shares during the period. Sigma Planning Corp boosted its stake in Weight Watchers International by 1.2% in the second quarter. Sigma Planning Corp now owns 15,480 shares of the company’s stock worth $180,000 after buying an additional 180 shares during the period. Nationwide Fund Advisors boosted its stake in Weight Watchers International by 4.5% in the second quarter. Nationwide Fund Advisors now owns 18,492 shares of the company’s stock worth $215,000 after buying an additional 793 shares during the period. Finally, BlackRock Investment Management LLC boosted its stake in Weight Watchers International by 1.1% in the second quarter. BlackRock Investment Management LLC now owns 103,549 shares of the company’s stock worth $1,204,000 after buying an additional 1,086 shares during the period. 91.90% of the stock is currently owned by institutional investors.

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.

5 Day Chart for NYSE:WTW

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