$309.35 Million in Sales Expected for Weight Watchers International, Inc. (WTW) This Quarter

Analysts expect Weight Watchers International, Inc. (NYSE:WTW) to post $309.35 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Weight Watchers International’s earnings, with the highest sales estimate coming in at $310.80 million and the lowest estimate coming in at $307.90 million. Weight Watchers International reported sales of $267.40 million in the same quarter last year, which would suggest a positive year over year growth rate of 15.7%. The company is expected to issue its next earnings results on Tuesday, February 27th.

On average, analysts expect that Weight Watchers International will report full-year sales of $309.35 million for the current year. For the next fiscal year, analysts anticipate that the firm will post sales of $1.40 billion per share, with estimates ranging from $1.38 billion to $1.42 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Weight Watchers International.

Weight Watchers International (NYSE:WTW) last announced its earnings results on Monday, November 6th. The company reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.14. The company had revenue of $323.70 million during the quarter, compared to the consensus estimate of $319.40 million. Weight Watchers International had a net margin of 9.03% and a negative return on equity of 8.81%. Weight Watchers International’s revenue was up 15.3% compared to the same quarter last year. During the same period last year, the firm earned $0.53 earnings per share.

Several brokerages have weighed in on WTW. Craig Hallum restated a “buy” rating and issued a $70.00 target price (up from $50.00) on shares of Weight Watchers International in a research note on Tuesday, November 7th. ValuEngine downgraded shares of Weight Watchers International from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded shares of Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $52.00 price objective for the company in a research note on Tuesday, November 21st. Finally, B. Riley set a $65.00 price objective on shares of Weight Watchers International and gave the stock a “buy” rating in a research note on Tuesday, December 19th. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $51.25.

Large investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of Weight Watchers International by 256.8% during the second quarter. Royal Bank of Canada now owns 35,485 shares of the company’s stock worth $1,186,000 after buying an additional 25,539 shares during the period. Macquarie Group Ltd. acquired a new stake in shares of Weight Watchers International during the second quarter worth $22,572,000. 361 Capital LLC acquired a new stake in shares of Weight Watchers International during the third quarter worth $2,155,000. Alliancebernstein L.P. lifted its stake in shares of Weight Watchers International by 163.2% during the second quarter. Alliancebernstein L.P. now owns 59,000 shares of the company’s stock worth $1,972,000 after buying an additional 36,580 shares during the period. Finally, OxFORD Asset Management LLP acquired a new stake in shares of Weight Watchers International during the third quarter worth $2,746,000. Institutional investors and hedge funds own 86.49% of the company’s stock.

Shares of Weight Watchers International (NYSE:WTW) traded up $4.75 on Tuesday, reaching $57.37. 5,701,150 shares of the company’s stock traded hands, compared to its average volume of 2,947,317. The firm has a market capitalization of $3,690.00, a P/E ratio of 34.15, a price-to-earnings-growth ratio of 1.89 and a beta of 2.95. Weight Watchers International has a 52 week low of $11.20 and a 52 week high of $57.92. The company has a current ratio of 0.96, a quick ratio of 0.88 and a debt-to-equity ratio of -1.74.

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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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