Active Stock Momentum: Weight Watchers International, Inc. (WTW)

Active Stock Momentum: Weight Watchers International, Inc. (WTW)

Active Stock Momentum: Weight Watchers International, Inc. (WTW)

Always a trader wondering inside facts about his stocks, ownership status of firm sometimes helps to clear picture of dark side facts.

Other institutional investors have also added to or reduced their stakes in the company.

"Oprah is a strong advocate of our new program and will play a strong role in our new marketing campaign", Weight Watchers chief executive Mindy Grossman said during the earnings call Monday. What's more, the total number of Weight Watchers subscribers jumped 18% to 3.4 million. Wells Fargo & Company MN grew its position in Weight Watchers International by 17.5% in the second quarter.

EPS is the portion of a company's profit allocated to each exceptional share of common stock. Bank of New York Mellon Corp boosted its holdings in Weight Watchers International by 27.9% in the first quarter. Finally, Craig Hallum reissued a "buy" rating and issued a $70.00 price target (up from $50.00) on shares of Weight Watchers International in a research note on Tuesday. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

Winfrey, 63, still owns about 10 percent of the company and has the option to buy an additional 5 percent stake.

A number of brokerages recently issued reports on WTW. ValuEngine raised shares of Weight Watchers International from a "hold" rating to a "buy" rating in a report on Friday, September 1st. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The correct version of this piece can be accessed at https://stocknewstimes.com/2017/11/08/weight-watchers-internationals-wtw-buy-rating-reaffirmed-at-craig-hallum.html. Of the analysts who provided ratings, 1 rated the company a Hold, and 1 rated it a Strong Buy. They now have a $70.00 price target on the stock, up from their previous price target of $50.00.

Weight Watchers International (NYSE:WTW) last posted its earnings results on Monday, November 6th. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & global copyright & trademark law. Karp Capital Management Corp acquired a new position in shares of Weight Watchers International during the 1st quarter worth approximately $174,000. (NYSE:WTW) has risen 100.08% since November 7, 2016 and is uptrending. The company has a debt-to-equity ratio of -1.66, a current ratio of 0.79 and a quick ratio of 0.70. Weight Watchers International Inc has a 1 year low of $9.88 and a 1 year high of $49.32. The company has market cap of $3.38 billion. (NYSE:WTW) soared 291.27% year-to-date.

Wall Street analysts, on average, are forecasting the company's EPS to be 0.51, compared to 0.53 reported in the same quarter past year. The business had revenue of $323.70 million during the quarter, compared to analysts' expectations of $319.40 million.

Understanding Profitability at Weight Watchers International, Inc. While for the next 5 years, the growth estimate is 15%.

Weight Watchers has raised its earnings outlook for the full year to between $1.77 and $1.83 a share, up from a prior forecast of $1.57 to $1.67 per share. Craig Hallum maintained Weight Watchers International, Inc. The Company's branded services and products 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.

Related news