News articles about Weight Watchers International (NYSE:WTW) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Weight Watchers International earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.0630038962379 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
Shares of Weight Watchers International (NYSE WTW) opened at $58.42 on Wednesday. The company has a current ratio of 0.61, a quick ratio of 0.52 and a debt-to-equity ratio of -1.71. Weight Watchers International has a twelve month low of $14.12 and a twelve month high of $77.19. The company has a market capitalization of $3,770.00, a PE ratio of 41.73, a P/E/G ratio of 1.61 and a beta of 3.17.
Weight Watchers International (NYSE:WTW) last released its earnings results on Tuesday, February 27th. The company reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.06. Weight Watchers International had a negative return on equity of 10.38% and a net margin of 12.52%. The firm had revenue of $312.50 million during the quarter, compared to the consensus estimate of $309.35 million. analysts expect that Weight Watchers International will post 2.58 EPS for the current fiscal year.
Several brokerages have weighed in on WTW. Zacks Investment Research raised Weight Watchers International from a “hold” rating to a “strong-buy” rating and set a $72.00 price target for the company in a report on Tuesday. Sidoti raised Weight Watchers International from a “neutral” rating to a “buy” rating in a report on Monday. ValuEngine raised Weight Watchers International from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Craig Hallum lifted their target price on Weight Watchers International from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th. Finally, B. Riley reaffirmed a “buy” rating and set a $98.00 target price (up previously from $86.00) on shares of Weight Watchers International in a report on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $72.00.
In related news, Director Oprah Winfrey sold 262,860 shares of Weight Watchers International stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $62.92, for a total transaction of $16,539,151.20. Following the completion of the sale, the director now owns 6,009,283 shares of the company’s stock, valued at $378,104,086.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 15.75% of the company’s stock.
Weight Watchers International Company Profile
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.