Weight Watchers International, Inc. (NYSE:WTW) – Equities research analysts at Oppenheimer issued their Q3 2018 earnings per share estimates for shares of Weight Watchers International in a report released on Tuesday, August 28th. Oppenheimer analyst B. Nagel forecasts that the company will earn $1.03 per share for the quarter. Oppenheimer has a “Outperform” rating and a $98.00 price objective on the stock. Oppenheimer also issued estimates for Weight Watchers International’s Q4 2018 earnings at $0.65 EPS, FY2018 earnings at $3.00 EPS, Q1 2019 earnings at $0.48 EPS, Q2 2019 earnings at $1.23 EPS, Q3 2019 earnings at $1.26 EPS, Q4 2019 earnings at $0.89 EPS, FY2019 earnings at $3.86 EPS and FY2020 earnings at $4.90 EPS.

A number of other equities analysts also recently commented on the stock. UBS Group reduced their target price on shares of Weight Watchers International from $110.00 to $100.00 and set a “neutral” rating for the company in a report on Tuesday, August 7th. JPMorgan Chase & Co. boosted their target price on shares of Weight Watchers International to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, August 7th. Zacks Investment Research downgraded shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Saturday, July 7th. B. Riley boosted their target price on shares of Weight Watchers International from $103.00 to $113.00 and gave the stock a “buy” rating in a report on Tuesday, August 7th. Finally, KeyCorp started coverage on shares of Weight Watchers International in a report on Monday, July 9th. They issued an “overweight” rating and a $115.00 target price for the company. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Weight Watchers International currently has an average rating of “Buy” and a consensus price target of $106.60.

Shares of Weight Watchers International stock opened at $75.28 on Friday. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 1.47 and a beta of 3.20. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of -1.77. Weight Watchers International has a one year low of $40.93 and a one year high of $105.73.

Weight Watchers International (NYSE:WTW) last announced its earnings results on Monday, August 6th. The company reported $1.01 EPS for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.13. The business had revenue of $409.70 million during the quarter, compared to the consensus estimate of $409.49 million. Weight Watchers International had a net margin of 14.96% and a negative return on equity of 16.18%. The firm’s revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 earnings per share.

Hedge funds have recently modified their holdings of the company. Hillsdale Investment Management Inc. purchased a new stake in shares of Weight Watchers International during the first quarter worth about $102,000. Bank of Montreal Can purchased a new stake in Weight Watchers International in the second quarter valued at approximately $174,000. Evanston Investments Inc. dba Evanston Advisors purchased a new stake in Weight Watchers International in the second quarter valued at approximately $202,000. C M Bidwell & Associates Ltd. purchased a new stake in Weight Watchers International in the first quarter valued at approximately $139,000. Finally, Verition Fund Management LLC purchased a new stake in Weight Watchers International in the second quarter valued at approximately $229,000. Institutional investors and hedge funds own 91.37% of the company’s stock.

In other news, major shareholder S.A. Westend sold 6,000,000 shares of the business’s stock in a transaction dated Tuesday, August 14th. The stock was sold at an average price of $76.00, for a total transaction of $456,000,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Corinne Pollier-Bousquet sold 2,500 shares of the business’s stock in a transaction dated Wednesday, August 8th. The stock was sold at an average price of $80.00, for a total value of $200,000.00. Following the sale, the insider now owns 29,456 shares in the company, valued at approximately $2,356,480. The disclosure for this sale can be found here. Insiders have sold 6,032,781 shares of company stock worth $458,464,981 in the last 90 days. Insiders own 12.31% of the company’s stock.

Weight Watchers International Company Profile

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

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Earnings History and Estimates for Weight Watchers International (NYSE:WTW)

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