Analysts at Barclays Capital (NYSE: BCS) lowered their price target on shares of Weight Watchers International (NYSE: WTW) from $92.00 to $84.00 in a research report issued to clients and investors on Thursday. The firm currently has an “overweight” rating on the stock.
A number of other analysts have also recently weighed in on WTW. Analysts at Wedbush reiterated a “neutral” rating on shares of Weight Watchers International in a research note to investors on Thursday. Separately, analysts at Bank of America (NYSE: BAC) cut their price target on shares of Weight Watchers International from $96.00 to $82.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Auriga reiterated a “hold” rating on shares of Weight Watchers International in a research note to investors on Thursday, April 26th.
Weight Watchers International traded down 0.31% on Thursday, hitting $62.10. Weight Watchers International has a 52-week low of $51.28 and a 52-week high of $86.97. The company has a market cap of $4.552 billion and a price-to-earnings ratio of 16.18.
The company last announced its quarterly results on Wednesday, May 2nd. It reported $0.74 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.78 EPS by $0.04. The company’s quarterly revenue was up .0% on a year-over-year basis. Analysts expect that Weight Watchers International will post $1.47 EPS next quarter.
Weight Watchers International, Inc. (WWI) is a provider of weight management services, operating globally through a network of Company-owned and franchise operations.