Zacks Investment Research upgraded shares of Weight Watchers International Inc. (NYSE:WTW) from a sell rating to a hold rating in a report published 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 started coverage on Weight Watchers International in a research note on Tuesday, May 24th. They set a buy rating and a $25.00 price target on the stock. One 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. Weight Watchers International currently has a consensus rating of Hold and an average target price of $19.06.

Weight Watchers International (NYSE:WTW) opened at 9.78 on Wednesday. The company has a 50-day moving average price of $10.92 and a 200-day moving average price of $12.79. The stock has a market cap of $624.57 million, a PE ratio of 20.29 and a beta of 2.89. Weight Watchers International has a 52 week low of $5.70 and a 52 week high of $28.05.

Weight Watchers International (NYSE:WTW) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.46 EPS for the quarter, hitting 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 business’s revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 earnings per share. Analysts anticipate that Weight Watchers International will post $0.96 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA increased its stake in 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. Ladenburg Thalmann Financial Services Inc. increased its stake in 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. Royal Bank of Canada increased its stake in Weight Watchers International by 86.4% in the first quarter. Royal Bank of Canada now owns 42,692 shares of the company’s stock worth $620,000 after buying an additional 19,784 shares in the last quarter. Seven Eight Capital LLC increased its stake in 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. Finally, LPL Financial LLC bought a new stake in Weight Watchers International during the first quarter worth approximately $173,000. Institutional investors and hedge funds own 91.90% of the company’s stock.

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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