Weight Watchers International (NASDAQ:WW) Shares Gap Up to $21.84

Shares of Weight Watchers International, Inc. (NASDAQ:WW) gapped up before the market opened on Thursday . The stock had previously closed at $20.67, but opened at $21.84. Weight Watchers International shares last traded at $23.67, with a volume of 5,542,545 shares traded.

A number of research analysts have weighed in on WW shares. B. Riley upped their target price on Rogers from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. JPMorgan Chase & Co. set a €33.40 ($38.84) target price on Siemens Healthineers and gave the stock a “neutral” rating in a report on Thursday. Bank of America reiterated a “buy” rating and set a $143.00 target price on shares of Xilinx in a report on Friday, May 3rd. ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. Finally, Zacks Investment Research downgraded Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Saturday, May 11th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a strong buy rating to the company’s stock. Weight Watchers International currently has a consensus rating of “Hold” and an average target price of $23.00.

The firm’s fifty day simple moving average is $19.42. The stock has a market capitalization of $1.42 billion, a PE ratio of 7.42, a P/E/G ratio of 1.03 and a beta of 2.34.



Weight Watchers International (NASDAQ:WW) last released its quarterly earnings results on Thursday, May 2nd. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.10. The firm had revenue of $363.00 million for the quarter, compared to analysts’ expectations of $365.91 million. Weight Watchers International had a negative return on equity of 20.48% and a net margin of 11.84%. The company’s revenue was down 11.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.31 EPS. Research analysts anticipate that Weight Watchers International, Inc. will post 1.53 EPS for the current fiscal year.

In related news, General Counsel Michael F. Colosi sold 16,898 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $22.41, for a total value of $378,684.18. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Michael F. Colosi sold 16,993 shares of the firm’s stock in a transaction on Friday, May 31st. The stock was sold at an average price of $17.03, for a total value of $289,390.79. The disclosure for this sale can be found here. 12.03% of the stock is owned by corporate insiders.

Weight Watchers International Company Profile (NASDAQ:WW)

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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