Analysts Expect Weight Watchers International, Inc. (NASDAQ:WW) Will Post Earnings of $0.67 Per Share

Brokerages predict that Weight Watchers International, Inc. (NASDAQ:WW) will post earnings of $0.67 per share for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Weight Watchers International’s earnings. The highest EPS estimate is $0.72 and the lowest is $0.61. Weight Watchers International posted earnings of $1.00 per share in the same quarter last year, which suggests a negative year over year growth rate of 33%. The business is scheduled to report its next quarterly earnings results on Thursday, November 7th.

On average, analysts expect that Weight Watchers International will report full year earnings of $1.70 per share for the current fiscal year, with EPS estimates ranging from $1.62 to $1.77. For the next financial year, analysts expect that the firm will post earnings of $2.06 per share, with EPS estimates ranging from $1.72 to $2.45. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Weight Watchers International.

Weight Watchers International (NASDAQ:WW) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.78 EPS for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.13. The company had revenue of $369.02 million during the quarter, compared to the consensus estimate of $376.11 million. Weight Watchers International had a net margin of 10.99% and a negative return on equity of 19.39%. The company’s revenue was down 9.9% on a year-over-year basis.

A number of brokerages have commented on WW. Craig Hallum upgraded shares of Weight Watchers International from a “hold” rating to a “buy” rating and upped their price objective for the stock from $25.00 to $35.00 in a research report on Tuesday, August 27th. KeyCorp reiterated a “hold” rating on shares of Weight Watchers International in a research report on Wednesday, August 7th. SunTrust Banks set a $27.00 price objective on Weight Watchers International and gave the stock a “hold” rating in a report on Wednesday, August 7th. Bank of America upgraded Weight Watchers International from an “underperform” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Wednesday, August 7th. Finally, DA Davidson boosted their price objective on Weight Watchers International from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 5th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Weight Watchers International has a consensus rating of “Buy” and an average target price of $30.00.

In other Weight Watchers International news, insider Corinne Pollier-Bousquet sold 4,000 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $29.19, for a total transaction of $116,760.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 12.03% of the stock is currently owned by insiders.

Weight Watchers International stock traded down $0.11 during trading hours on Friday, reaching $34.56. 1,700,766 shares of the stock were exchanged, compared to its average volume of 1,633,949. The stock has a market capitalization of $2.33 billion, a PE ratio of 10.83, a P/E/G ratio of 1.36 and a beta of 2.22. Weight Watchers International has a 52-week low of $16.71 and a 52-week high of $74.85. The company’s 50 day moving average price is $28.06.

About Weight Watchers International

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It provides a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

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Earnings History and Estimates for Weight Watchers International (NASDAQ:WW)

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