Analysts expect Weight Watchers International, Inc. (NYSE:WTW) to announce earnings of $0.88 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Weight Watchers International’s earnings, with the highest EPS estimate coming in at $0.91 and the lowest estimate coming in at $0.84. Weight Watchers International posted earnings of $0.67 per share during the same quarter last year, which would suggest a positive year over year growth rate of 31.3%. The business is expected to issue its next quarterly earnings results on Thursday, August 2nd.

On average, analysts expect that Weight Watchers International will report full-year earnings of $2.89 per share for the current year, with EPS estimates ranging from $2.85 to $2.95. For the next fiscal year, analysts expect that the firm will report earnings of $3.70 per share, with EPS estimates ranging from $3.57 to $3.78. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Weight Watchers International.

Weight Watchers International (NYSE:WTW) last posted its earnings results on Thursday, May 3rd. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.25. The firm had revenue of $408.20 million for the quarter, compared to the consensus estimate of $388.49 million. Weight Watchers International had a negative return on equity of 12.95% and a net margin of 13.85%. The business’s quarterly revenue was up 24.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.01) earnings per share.

A number of brokerages recently issued reports on WTW. B. Riley set a $98.00 price objective on Weight Watchers International and gave the stock a “buy” rating in a research report on Wednesday, March 14th. Sidoti upgraded Weight Watchers International from a “neutral” rating to a “buy” rating in a research report on Monday, March 5th. ValuEngine upgraded Weight Watchers International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Zacks Investment Research upgraded Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $72.00 price objective on the stock in a research report on Tuesday, March 6th. Finally, Craig Hallum increased their price objective on Weight Watchers International from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th. Seven analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $101.14.

In related news, insider Corinne Pollier-Bousquet sold 12,573 shares of the stock in a transaction on Friday, April 20th. The stock was sold at an average price of $70.00, for a total value of $880,110.00. Following the sale, the insider now owns 38,146 shares in the company, valued at $2,670,220. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 12.31% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WTW. Old Mutual Global Investors UK Ltd. purchased a new stake in Weight Watchers International during the first quarter valued at about $82,450,000. Renaissance Technologies LLC raised its position in Weight Watchers International by 605.2% during the fourth quarter. Renaissance Technologies LLC now owns 692,500 shares of the company’s stock valued at $30,664,000 after purchasing an additional 594,300 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in Weight Watchers International during the fourth quarter valued at about $20,739,000. Macquarie Group Ltd. raised its position in Weight Watchers International by 28.8% during the fourth quarter. Macquarie Group Ltd. now owns 1,121,868 shares of the company’s stock valued at $49,676,000 after purchasing an additional 250,903 shares in the last quarter. Finally, Two Sigma Advisers LP raised its position in Weight Watchers International by 171.7% during the fourth quarter. Two Sigma Advisers LP now owns 262,822 shares of the company’s stock valued at $11,638,000 after purchasing an additional 166,100 shares in the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Shares of NYSE:WTW traded up $1.44 during trading on Friday, hitting $95.61. 65,606 shares of the company were exchanged, compared to its average volume of 1,842,185. The company has a market cap of $5.76 billion, a P/E ratio of 57.87, a P/E/G ratio of 2.02 and a beta of 3.22. Weight Watchers International has a 52-week low of $26.43 and a 52-week high of $94.40. The company has a debt-to-equity ratio of -1.70, a current ratio of 0.72 and a quick ratio of 0.65.

About Weight Watchers International

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

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Earnings History and Estimates for Weight Watchers International (NYSE:WTW)

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