B. Riley Weighs in on Weight Watchers International, Inc.’s FY2017 Earnings (WTW)

Weight Watchers International, Inc. (NYSE:WTW) – Investment analysts at B. Riley issued their FY2017 EPS estimates for shares of Weight Watchers International in a research note issued on Tuesday. B. Riley analyst K. Anderson anticipates that the company will post earnings per share of $1.60 for the year. B. Riley has a “Buy” rating and a $65.00 price objective on the stock. B. Riley also issued estimates for Weight Watchers International’s Q4 2017 earnings at $0.33 EPS, Q1 2018 earnings at $0.03 EPS, Q2 2018 earnings at $0.65 EPS, Q3 2018 earnings at $0.63 EPS, Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $1.64 EPS and FY2019 earnings at $1.92 EPS.

Weight Watchers International (NYSE:WTW) last announced its earnings results on Monday, November 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.14. The business had revenue of $323.70 million for the quarter, compared to analysts’ expectations of $319.40 million. Weight Watchers International had a negative return on equity of 8.81% and a net margin of 9.03%. The business’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS.

A number of other analysts also recently commented on the stock. ValuEngine upgraded shares of Weight Watchers International from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research downgraded shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 12th. Finally, Craig Hallum reiterated a “buy” rating and issued a $70.00 target price (up from $50.00) on shares of Weight Watchers International in a report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $46.60.

Shares of Weight Watchers International (NYSE WTW) opened at $50.52 on Friday. Weight Watchers International has a 1-year low of $11.02 and a 1-year high of $54.47. The company has a quick ratio of 0.88, a current ratio of 0.96 and a debt-to-equity ratio of -1.74. The company has a market cap of $3,061.96, a PE ratio of 30.07, a PEG ratio of 2.00 and a beta of 2.96.

Several institutional investors have recently added to or reduced their stakes in WTW. Sei Investments Co. lifted its holdings in Weight Watchers International by 3,364.2% during the 3rd quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock valued at $181,000 after purchasing an additional 4,037 shares during the last quarter. Trexquant Investment LP bought a new position in Weight Watchers International during the 3rd quarter worth approximately $216,000. Virginia Retirement Systems ET AL bought a new position in Weight Watchers International during the 3rd quarter worth approximately $226,000. SG Americas Securities LLC bought a new position in Weight Watchers International during the 2nd quarter worth approximately $234,000. Finally, BNP Paribas Arbitrage SA grew its position in Weight Watchers International by 123.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,134 shares of the company’s stock worth $238,000 after acquiring an additional 3,936 shares during the last quarter. 86.49% of the stock is currently owned by institutional investors and hedge funds.

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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.

Earnings History and Estimates for Weight Watchers International (NYSE:WTW)

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