Analysts expect that Willis Towers Watson PLC (NASDAQ:WLTW) will post $1.87 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Willis Towers Watson’s earnings, with the lowest sales estimate coming in at $1.84 billion and the highest estimate coming in at $1.90 billion. Willis Towers Watson posted sales of $1.85 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 1.1%. The business is scheduled to issue its next earnings report on Thursday, November 1st.

On average, analysts expect that Willis Towers Watson will report full-year sales of $8.52 billion for the current financial year, with estimates ranging from $8.41 billion to $8.59 billion. For the next financial year, analysts forecast that the company will report sales of $8.85 billion per share, with estimates ranging from $8.72 billion to $8.95 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Willis Towers Watson.

Willis Towers Watson (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, August 2nd. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Willis Towers Watson had a return on equity of 9.96% and a net margin of 5.65%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.45 earnings per share.

Several equities analysts recently issued reports on WLTW shares. ValuEngine cut Willis Towers Watson from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Wells Fargo & Co set a $154.00 price target on Willis Towers Watson and gave the company a “hold” rating in a report on Monday, May 7th. Citigroup raised their price target on Willis Towers Watson from $175.00 to $183.00 and gave the company a “buy” rating in a report on Thursday, July 12th. BidaskClub upgraded Willis Towers Watson from a “hold” rating to a “buy” rating in a report on Tuesday, July 24th. Finally, Morgan Stanley decreased their price target on Willis Towers Watson from $175.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, August 3rd. Four analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. Willis Towers Watson presently has an average rating of “Hold” and a consensus target price of $173.00.

Willis Towers Watson stock opened at $148.89 on Friday. The stock has a market capitalization of $19.58 billion, a P/E ratio of 17.49, a PEG ratio of 1.30 and a beta of 0.93. Willis Towers Watson has a 12-month low of $142.67 and a 12-month high of $165.00. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.44.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. boosted its holdings in Willis Towers Watson by 0.4% during the second quarter. BlackRock Inc. now owns 8,089,765 shares of the financial services provider’s stock worth $1,226,408,000 after buying an additional 32,549 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of Willis Towers Watson by 0.4% during the first quarter. First Eagle Investment Management LLC now owns 4,038,304 shares of the financial services provider’s stock worth $614,589,000 after purchasing an additional 17,898 shares during the period. FIL Ltd raised its position in shares of Willis Towers Watson by 1.2% during the first quarter. FIL Ltd now owns 3,008,201 shares of the financial services provider’s stock worth $457,818,000 after purchasing an additional 36,032 shares during the period. Pzena Investment Management LLC raised its position in shares of Willis Towers Watson by 0.5% during the second quarter. Pzena Investment Management LLC now owns 1,282,314 shares of the financial services provider’s stock worth $194,399,000 after purchasing an additional 6,588 shares during the period. Finally, Epoch Investment Partners Inc. raised its position in shares of Willis Towers Watson by 9.9% during the second quarter. Epoch Investment Partners Inc. now owns 1,226,212 shares of the financial services provider’s stock worth $185,893,000 after purchasing an additional 110,434 shares during the period. Hedge funds and other institutional investors own 91.90% of the company’s stock.

About Willis Towers Watson

Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits; Corporate Risk and Broking; Investment, Risk and Reinsurance; and Benefits Delivery and Administration. The Human Capital and Benefits segment provides advice, broking, solutions, and software for employee benefit plans, the human resources organization, and the management teams.

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