Weight Watchers International, Inc. (NYSE:WTW)’s share price traded up 12.2% during mid-day trading on Tuesday . The company traded as high as $53.72 and last traded at $52.62. 5,511,700 shares changed hands during mid-day trading, an increase of 130% from the average session volume of 2,396,840 shares. The stock had previously closed at $46.91.

A number of equities analysts have recently issued reports on the company. ValuEngine cut Weight Watchers International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. B. Riley set a $65.00 target price on Weight Watchers International and gave the stock a “buy” rating in a report on Tuesday, December 19th. Zacks Investment Research raised Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $52.00 target price for the company in a report on Tuesday, November 21st. Finally, Craig Hallum reissued a “buy” rating and issued a $70.00 target price (up from $50.00) on shares of Weight Watchers International in a report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $51.25.

The company has a quick ratio of 0.88, a current ratio of 0.96 and a debt-to-equity ratio of -1.74. The company has a market capitalization of $3,690.00, a price-to-earnings ratio of 34.15, a PEG ratio of 1.89 and a beta of 2.95.

Weight Watchers International (NYSE:WTW) last released its quarterly earnings results on Monday, November 6th. The company reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.14. The business had revenue of $323.70 million for the quarter, compared to analyst estimates of $319.40 million. Weight Watchers International had a negative return on equity of 8.81% and a net margin of 9.03%. Weight Watchers International’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.53 EPS. equities analysts predict that Weight Watchers International, Inc. will post 1.59 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sei Investments Co. grew its position in Weight Watchers International by 3,364.2% during the 3rd quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock worth $181,000 after acquiring an additional 4,037 shares during the last quarter. Trexquant Investment LP bought a new stake in Weight Watchers International during the 3rd quarter worth approximately $216,000. Virginia Retirement Systems ET AL bought a new stake in Weight Watchers International during the 3rd quarter worth approximately $226,000. SG Americas Securities LLC bought a new stake in Weight Watchers International during the 2nd quarter worth approximately $234,000. Finally, BNP Paribas Arbitrage SA grew its position in Weight Watchers International by 123.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,134 shares of the company’s stock worth $238,000 after acquiring an additional 3,936 shares during the last quarter. Institutional investors and hedge funds own 86.49% of the company’s stock.

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About Weight Watchers International

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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