Weight Watchers International Inc. (NYSE:WTW) was upgraded by TheStreet from a “sell” rating to a “hold” rating in a report released on Tuesday.

Other equities research analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Weight Watchers International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 14th. Vetr cut shares of Weight Watchers International from a “strong-buy” rating to a “buy” rating and set a $11.83 price objective for the company. in a research report on Monday, October 3rd. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $19.54.

Weight Watchers International (NYSE:WTW) opened at 11.39 on Tuesday. The company’s 50 day moving average is $10.74 and its 200 day moving average is $11.63. The company has a market cap of $727.54 million, a price-to-earnings ratio of 17.08 and a beta of 3.16. Weight Watchers International has a 1-year low of $9.37 and a 1-year high of $27.66.

Weight Watchers International (NYSE:WTW) last released its quarterly earnings data on Thursday, November 3rd. The company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.08. Weight Watchers International had a net margin of 3.73% and a negative return on equity of 4.10%. The firm earned $281 million during the quarter, compared to analysts’ expectations of $290.25 million. During the same period last year, the business earned $0.39 earnings per share. Weight Watchers International’s revenue was up 2.7% compared to the same quarter last year. Equities research analysts forecast that Weight Watchers International will post $0.95 EPS for the current year.

Several large investors have recently made changes to their positions in WTW. FMR LLC boosted its stake in shares of Weight Watchers International by 0.3% in the second quarter. FMR LLC now owns 9,569,152 shares of the company’s stock worth $111,289,000 after buying an additional 27,000 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Weight Watchers International by 13.1% in the second quarter. Vanguard Group Inc. now owns 2,214,781 shares of the company’s stock worth $25,758,000 after buying an additional 256,206 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Weight Watchers International by 9.8% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 760,050 shares of the company’s stock worth $8,839,000 after buying an additional 68,112 shares in the last quarter. Melvin Capital Management LP bought a new stake in shares of Weight Watchers International during the third quarter worth $7,327,000. Finally, BlackRock Fund Advisors boosted its stake in shares of Weight Watchers International by 7.2% in the third quarter. BlackRock Fund Advisors now owns 704,699 shares of the company’s stock worth $7,272,000 after buying an additional 47,442 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

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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.

5 Day Chart for NYSE:WTW

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