Weight Watchers International, Inc. (NASDAQ:WW) – Equities researchers at DA Davidson lowered their FY2019 EPS estimates for Weight Watchers International in a research note issued to investors on Thursday, November 7th. DA Davidson analyst L. Weiser now expects that the company will earn $1.74 per share for the year, down from their previous estimate of $1.77. DA Davidson has a “Neutral” rating and a $33.00 price objective on the stock.

A number of other research firms also recently commented on WW. SunTrust Banks increased their price objective on shares of Weight Watchers International to $32.00 and gave the company a “hold” rating in a report on Wednesday. Sidoti set a $43.00 price objective on shares of Weight Watchers International and gave the company a “buy” rating in a report on Friday, September 27th. Bank of America upgraded shares of Weight Watchers International from an “underperform” rating to a “buy” rating and set a $27.00 price objective for the company in a report on Wednesday, August 7th. ValuEngine downgraded shares of Weight Watchers International from a “strong-buy” rating to a “buy” rating in a report on Friday, November 1st. Finally, Morgan Stanley set a $25.00 price objective on shares of Weight Watchers International and gave the company a “hold” rating in a report on Wednesday, August 7th. Seven research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Weight Watchers International currently has a consensus rating of “Buy” and an average target price of $34.64.

WW stock opened at $34.22 on Friday. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 10.73, a PEG ratio of 1.46 and a beta of 2.29. Weight Watchers International has a 12 month low of $16.71 and a 12 month high of $53.62. The firm has a 50-day moving average of $35.92 and a two-hundred day moving average of $27.22.

Weight Watchers International (NASDAQ:WW) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.02. The company had revenue of $348.60 million during the quarter, compared to the consensus estimate of $352.72 million. Weight Watchers International had a net margin of 9.50% and a negative return on equity of 16.77%. Weight Watchers International’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.00 EPS.

Several hedge funds and other institutional investors have recently made changes to their positions in WW. Fox Run Management L.L.C. acquired a new stake in shares of Weight Watchers International during the 2nd quarter worth approximately $782,000. Westside Investment Management Inc. acquired a new stake in shares of Weight Watchers International during the 2nd quarter worth approximately $237,000. Regal Investment Advisors LLC acquired a new stake in shares of Weight Watchers International during the 2nd quarter worth approximately $193,000. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Weight Watchers International during the 2nd quarter worth approximately $295,000. Finally, Advisor Group Inc. increased its holdings in shares of Weight Watchers International by 33.1% during the 2nd quarter. Advisor Group Inc. now owns 3,060 shares of the company’s stock worth $58,000 after buying an additional 761 shares during the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.

In other news, insider Corinne Pollier-Bousquet sold 5,250 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $37.22, for a total transaction of $195,405.00. 12.03% of the stock is owned by company insiders.

Weight Watchers International Company Profile

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It provides 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 (NASDAQ:WW)

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