The stock of Weight Watchers International, Inc. (NYSE:WTW) is a huge mover today! About 301,070 shares traded hands. Weight Watchers International, Inc. (NYSE:WTW) has declined 12.32% since February 29, 2016 and is downtrending. It has underperformed by 24.54% the S&P500.
The move comes after 9 months positive chart setup for the $669.35M company. It was reported on Oct, 3 by Barchart.com. We have $13.85 PT which if reached, will make NYSE:WTW worth $220.89 million more.
Analysts await Weight Watchers International, Inc. (NYSE:WTW) to report earnings on November, 3. They expect $0.44 earnings per share, up 12.82% or $0.05 from last year’s $0.39 per share. WTW’s profit will be $28.29M for 5.91 P/E if the $0.44 EPS becomes a reality. After $0.46 actual earnings per share reported by Weight Watchers International, Inc. for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.
Weight Watchers International, Inc. (NYSE:WTW) Ratings Coverage
Out of 5 analysts covering Weight Watchers International (NYSE:WTW), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Weight Watchers International has been the topic of 12 analyst reports since August 8, 2015 according to StockzIntelligence Inc. The company was upgraded on Wednesday, August 19 by Morgan Stanley. Barclays Capital upgraded Weight Watchers International, Inc. (NYSE:WTW) on Tuesday, October 20 to “Equal-Weight” rating. The company was maintained on Friday, November 6 by Craig Hallum. The firm has “Hold” rating given on Saturday, August 8 by Zacks. The rating was maintained by Craig Hallum with “Buy” on Monday, December 7. The firm has “Hold” rating given on Tuesday, August 11 by Vetr. The stock has “Hold” rating given by Standpoint Research on Wednesday, October 21. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, February 26 report. As per Tuesday, September 15, the company rating was upgraded by Craig Hallum. Sidoti initiated Weight Watchers International, Inc. (NYSE:WTW) on Tuesday, May 24 with “Buy” rating.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment decreased to 1.16 in Q2 2016. Its down 0.25, from 1.41 in 2016Q1. The ratio is negative, as 29 funds sold all Weight Watchers International, Inc. shares owned while 34 reduced positions. 28 funds bought stakes while 45 increased positions. They now own 58.51 million shares or 0.81% more from 58.04 million shares in 2016Q1.
California Pub Employees Retirement Sys has 289,471 shares for 0.01% of their US portfolio. New York State Common Retirement Fund, a New York-based fund reported 28,600 shares. The Florida-based Ladenburg Thalmann Fin Svcs has invested 0% in Weight Watchers International, Inc. (NYSE:WTW). Strategic Investment Management Lc, a Virginia-based fund reported 13,450 shares. Wells Fargo Mn holds 0% or 79,576 shares in its portfolio. Blackrock Advsrs Limited Liability Company has 39,297 shares for 0% of their US portfolio. Airain accumulated 0.02% or 29,952 shares. Moreover, Pacad has 0.01% invested in Weight Watchers International, Inc. (NYSE:WTW) for 7,900 shares. Millennium Mgmt Ltd Llc holds 133,523 shares or 0% of its portfolio. Tiaa Cref Invest Mgmt Limited Liability accumulated 75,891 shares or 0% of the stock. Blackrock has 0% invested in the company for 4,089 shares. Commercial Bank Of Montreal Can holds 0% or 344,924 shares in its portfolio. Hbk Investments Limited Partnership accumulated 11,900 shares or 0% of the stock. Farmers & Merchants Investments Incorporated has invested 0% of its portfolio in Weight Watchers International, Inc. (NYSE:WTW). Amer Intll Gru Incorporated accumulated 15,971 shares or 0% of the stock.
More notable recent Weight Watchers International, Inc. (NYSE:WTW) news were published by: Fool.com which released: “Why Weight Watchers International, Inc. Stock Dropped 12% in August” on September 12, 2016, also Fool.com with their article: “Why Did Weight Watchers International, Inc. Fall 23% in June?” published on July 05, 2016, Fool.com published: “Weight Watchers International Inc. Soars as Oprah Bets Big” on October 19, 2015. More interesting news about Weight Watchers International, Inc. (NYSE:WTW) were released by: Fool.com and their article: “Why Did Weight Watchers International, Inc. Shares Lose 11% in April?” published on May 10, 2016 as well as Fool.com‘s news article titled: “Weight Watchers International Inc. Gains On Oprah’s Weight Loss, But Will It Last?” with publication date: February 02, 2016.
WTW Company Profile
Weight Watchers International, Inc., incorporated on February 19, 1974, is a well-known provider of weight management services. The Firm operates globally through a network of Company-owned and franchise operations. The Company’s branded services and products 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. The Firm operates through four divisions: North America, United Kingdom, Continental Europe (CE) and Other. It sells a range of products, including bars, snacks, cookbooks, food and restaurant guides with SmartPoints values, Weight Watchers magazines, SmartPoints calculators and fitness kits, and certain third-party products, such as activity-tracking monitors. The Firm sells its products through its meetings business, online and to its franchisees. The Company’s e-commerce platform at shop.weightwatchers.com makes the site available to all consumers, including non-members and non-subscribers. It also issues other publications, such as cookbooks and food and restaurant guides with SmartPoints values.
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