Auriga Reaffirms Hold Rating on Weight Watchers International (WTW)

By admin | 6 years ago

Weight Watchers International (NYSE: WTW)‘s stock had its “hold” rating reaffirmed by research analysts at Auriga in a report released on Friday.

Shares of Weight Watchers International traded down 3.23% during mid-day trading on Friday, hitting $60.17. Weight Watchers International has a one year low of $51.28 and a one year high of $86.97. The company has a market cap of $4.410 billion and a P/E ratio of 16.15.

Weight Watchers International last issued its quarterly earnings data on Wednesday, May 2nd. The company reported $0.74 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.78 by $0.04. The company’s quarterly revenue was up .0% on a year-over-year basis. On average, analysts predict that Weight Watchers International will post $1.38 earnings per share next quarter.

WTW has been the subject of a number of other recent research reports. Analysts at Standpoint Research initiated coverage on shares of Weight Watchers International in a research note to investors on Friday. They set a “buy” rating and a $75.00 price target on the stock. Separately, analysts at Barclays Capital (NYSE: BCS) cut their price target on shares of Weight Watchers International from $92.00 to $84.00 in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Finally, analysts at Wedbush reiterated a “neutral” rating on shares of Weight Watchers International in a research note to investors on Thursday.

Weight Watchers International, Inc. (WWI) is a provider of weight management services, operating globally through a network of Company-owned and franchise operations.

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