Weight Watchers International (NASDAQ:WW) Upgraded by ValuEngine to Buy

Weight Watchers International (NASDAQ:WW) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, ValuEngine reports.

A number of other analysts have also weighed in on the stock. Bank of America raised shares of Weight Watchers International from an “underperform” rating to a “buy” rating and set a $27.00 price target for the company in a report on Wednesday, August 7th. KeyCorp reissued a “hold” rating on shares of Weight Watchers International in a report on Wednesday, August 7th. JPMorgan Chase & Co. raised shares of Weight Watchers International from an “underweight” rating to a “neutral” rating and raised their price target for the company from $17.00 to $22.00 in a report on Thursday, July 11th. DA Davidson raised their price objective on shares of Weight Watchers International from $32.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Finally, SunTrust Banks set a $27.00 price objective on shares of Weight Watchers International and gave the company a “hold” rating in a research note on Wednesday, August 7th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $30.00.

Shares of Weight Watchers International stock traded up $0.30 during midday trading on Tuesday, reaching $34.67. The company had a trading volume of 1,506,926 shares, compared to its average volume of 3,365,166. The firm has a market cap of $2.25 billion, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 1.31 and a beta of 2.22. The company’s fifty day moving average is $27.83. Weight Watchers International has a 1-year low of $16.71 and a 1-year high of $75.34.



Weight Watchers International (NASDAQ:WW) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.13. The business had revenue of $369.02 million during the quarter, compared to analyst estimates of $376.11 million. Weight Watchers International had a net margin of 10.99% and a negative return on equity of 19.39%. The company’s quarterly revenue was down 9.9% on a year-over-year basis. Analysts anticipate that Weight Watchers International will post 1.7 earnings per share for the current year.

In other news, insider Corinne Pollier-Bousquet sold 4,000 shares of Weight Watchers International stock in a transaction on Monday, August 19th. The shares were sold at an average price of $29.19, for a total transaction of $116,760.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 12.03% of the company’s stock.

About Weight Watchers International

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Weight Watchers International (NASDAQ:WW)

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