Zacks: Analysts Anticipate Willis Towers Watson Public Limited Company (WLTW) to Post $2.10 EPS

Brokerages forecast that Willis Towers Watson Public Limited Company (NASDAQ:WLTW) will post earnings of $2.10 per share for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Willis Towers Watson Public’s earnings, with estimates ranging from $1.93 to $2.22. Willis Towers Watson Public reported earnings of $1.88 per share during the same quarter last year, which suggests a positive year over year growth rate of 11.7%. The business is expected to report its next quarterly earnings report on Thursday, February 8th.

According to Zacks, analysts expect that Willis Towers Watson Public will report full year earnings of $8.40 per share for the current fiscal year, with EPS estimates ranging from $8.30 to $8.49. For the next fiscal year, analysts forecast that the firm will post earnings of $9.83 per share, with EPS estimates ranging from $9.45 to $10.10. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Willis Towers Watson Public.

Willis Towers Watson Public (NASDAQ:WLTW) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.01). The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.84 billion. Willis Towers Watson Public had a return on equity of 10.93% and a net margin of 4.43%. The firm’s revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.04 earnings per share.

A number of research analysts have commented on WLTW shares. Goldman Sachs Group started coverage on Willis Towers Watson Public in a report on Monday. They issued a “sell” rating and a $153.00 price objective on the stock. ValuEngine lowered Willis Towers Watson Public from a “buy” rating to a “hold” rating in a report on Friday. Robert W. Baird reaffirmed a “buy” rating and issued a $167.00 price objective on shares of Willis Towers Watson Public in a report on Friday, November 3rd. Wells Fargo & Company raised Willis Towers Watson Public from an “underperform” rating to a “market perform” rating in a report on Friday, November 3rd. Finally, BidaskClub lowered Willis Towers Watson Public from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the stock. Willis Towers Watson Public has a consensus rating of “Buy” and a consensus price target of $157.27.

In other news, Director Jeffrey W. Ubben sold 320,000 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $161.15, for a total transaction of $51,568,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey W. Ubben sold 491,652 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $148.59, for a total value of $73,054,570.68. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,231,295 shares of company stock valued at $341,748,373. Corporate insiders own 6.70% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Teachers Advisors LLC lifted its position in shares of Willis Towers Watson Public by 3.0% during the 1st quarter. Teachers Advisors LLC now owns 25,825 shares of the financial services provider’s stock worth $3,380,000 after buying an additional 745 shares during the last quarter. Aperio Group LLC lifted its position in shares of Willis Towers Watson Public by 101.0% during the 2nd quarter. Aperio Group LLC now owns 17,775 shares of the financial services provider’s stock worth $2,586,000 after buying an additional 8,930 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its position in shares of Willis Towers Watson Public by 20.2% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 23,678 shares of the financial services provider’s stock worth $3,444,000 after buying an additional 3,984 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its position in shares of Willis Towers Watson Public by 166.8% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 11,100 shares of the financial services provider’s stock worth $1,614,000 after buying an additional 6,940 shares during the last quarter. Finally, IBM Retirement Fund bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth $503,000. Hedge funds and other institutional investors own 94.35% of the company’s stock.

Willis Towers Watson Public (NASDAQ WLTW) traded down $3.47 during mid-day trading on Friday, hitting $158.48. The company had a trading volume of 909,200 shares, compared to its average volume of 812,867. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market cap of $21,383.68, a price-to-earnings ratio of 19.85, a PEG ratio of 1.93 and a beta of 0.90. Willis Towers Watson Public has a 1-year low of $120.18 and a 1-year high of $165.00.

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About Willis Towers Watson Public

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

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Earnings History and Estimates for Willis Towers Watson Public (NASDAQ:WLTW)

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