Weight Watchers International, Inc. (NASDAQ:WW) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Weight Watchers International, Inc. (NASDAQ:WW) have received a consensus rating of “Buy” from the fourteen brokerages that are covering the firm, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $32.67.

WW has been the topic of a number of recent analyst reports. Bank of America upgraded Weight Watchers International from an “underperform” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Wednesday, August 7th. UBS Group lifted their price objective on Weight Watchers International from $26.00 to $38.00 and gave the company a “neutral” rating in a report on Friday, September 20th. KeyCorp reiterated a “hold” rating on shares of Weight Watchers International in a report on Wednesday, August 7th. Craig Hallum upgraded Weight Watchers International from a “hold” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $35.00 in a report on Tuesday, August 27th. Finally, Sidoti set a $43.00 price objective on Weight Watchers International and gave the company a “buy” rating in a report on Friday, September 27th.

WW traded down $0.96 during midday trading on Wednesday, reaching $35.40. 1,042,300 shares of the company were exchanged, compared to its average volume of 3,206,939. Weight Watchers International has a one year low of $16.71 and a one year high of $69.18. The stock has a market capitalization of $2.46 billion, a P/E ratio of 11.10, a PEG ratio of 1.43 and a beta of 2.29. The stock’s 50-day simple moving average is $31.82 and its 200 day simple moving average is $24.78.



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

In other news, insider Corinne Pollier-Bousquet sold 5,250 shares of Weight Watchers International stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $37.22, for a total transaction of $195,405.00. Insiders own 12.03% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. US Bancorp DE raised its position in Weight Watchers International by 4.3% in the 2nd quarter. US Bancorp DE now owns 17,525 shares of the company’s stock valued at $335,000 after buying an additional 725 shares during the last quarter. Advisor Group Inc. raised its position in Weight Watchers International by 33.1% in the 2nd quarter. Advisor Group Inc. now owns 3,060 shares of the company’s stock valued at $58,000 after buying an additional 761 shares during the last quarter. Flinton Capital Management LLC raised its position in Weight Watchers International by 23.1% in the 2nd quarter. Flinton Capital Management LLC now owns 4,864 shares of the company’s stock valued at $93,000 after buying an additional 912 shares during the last quarter. Riverhead Capital Management LLC increased its position in shares of Weight Watchers International by 22.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 5,400 shares of the company’s stock worth $103,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Meadow Creek Investment Management LLC increased its position in shares of Weight Watchers International by 23.1% during the 2nd quarter. Meadow Creek Investment Management LLC now owns 6,688 shares of the company’s stock worth $128,000 after purchasing an additional 1,254 shares during the last quarter. 85.73% of the stock is currently owned by institutional investors and hedge funds.

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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Analyst Recommendations for Weight Watchers International (NASDAQ:WW)

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