Zacks Investment Research upgraded shares of Weight Watchers International Inc. (NYSE:WTW) from a sell rating to a hold rating in a research report sent to investors on Wednesday.

According to Zacks, “Weight Watchers International, Inc. is the largest provider of weight control programs in the world. The core of their business is weekly meetings, in which they present thier scientifically designed program, incorporating group support and education about healthy eating patterns, behavior modification and physical activity. “

Separately, Sidoti initiated coverage on Weight Watchers International in a report on Tuesday, May 24th. They set a buy rating and a $25.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $19.06.

Weight Watchers International (NYSE:WTW) opened at 9.78 on Wednesday. The firm has a 50-day moving average of $10.92 and a 200-day moving average of $12.79. The stock has a market capitalization of $624.57 million, a price-to-earnings ratio of 20.29 and a beta of 2.89. Weight Watchers International has a 12-month low of $5.70 and a 12-month high of $28.05.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The company had revenue of $310 million for the quarter, compared to analyst estimates of $318.30 million. Weight Watchers International had a negative return on equity of 3.07% and a net margin of 2.63%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the company earned $0.49 earnings per share. Equities research analysts forecast that Weight Watchers International will post $0.96 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the company. Acrospire Investment Management LLC boosted its position in shares of Weight Watchers International by 926.1% in the second quarter. Acrospire Investment Management LLC now owns 8,753 shares of the company’s stock worth $102,000 after buying an additional 7,900 shares in the last quarter. Alpine Partners VI LLC bought a new position in shares of Weight Watchers International during the second quarter worth $122,000. Seven Eight Capital LLC boosted its position in shares of Weight Watchers International by 156.1% in the first quarter. Seven Eight Capital LLC now owns 9,558 shares of the company’s stock worth $139,000 after buying an additional 5,826 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Weight Watchers International by 262.6% in the second quarter. BNP Paribas Arbitrage SA now owns 13,169 shares of the company’s stock worth $153,000 after buying an additional 9,537 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Weight Watchers International by 134.6% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,619 shares of the company’s stock worth $168,000 after buying an additional 6,667 shares in the last quarter. 91.90% of the stock is currently owned by hedge funds and other institutional investors.

Weight Watchers International Company Profile

Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.

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