Weight Watchers global, Inc. (WTW) Surges On Upbeat 3Q Earnings
Her stake in Weight Watchers was worth $43.2 million the day she bought it. That investment is now valued at more than $145 million. The company’s weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, weak operating cash flow and generally disappointing historical performance in the stock itself. Winfrey was compelled by the proven Weight Watchers program combined with new initiatives to broaden the company’s mission to preceding overall health and wellness. The company has a 50 day moving average of $10.32 and a 200 day moving average of $6.91. Craig Hallum increased their target price on Weight Watchers worldwide from $20.00 to $28.00 and gave the stock a buy rating in a research note on Friday. Weight Watchers global, Inc. has a 12 month low of $3.67 and a 12 month high of $29.70.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Weight Watchers global Inc, Kelly Denis F, had purchased 10,000 shares in a transaction dated on August 11, 2015.
A number of analysts have commented on the stock. The company reported a 20.8% decline in revenues to $273.3 million for the third quarter ending October 3.
Separately, TheStreet Ratings team rates WEIGHT WATCHERS INTL INC as a Sell with a ratings score of D+.
Weight Watchers raised its outlook for full-year 2015 earnings to between $0.64 and $0.74 per diluted share, from $0.57 and $0.72. Over the last 5 days, Weight Watchers worldwide, Inc’s shares have rose by 7.49% and in the past one month it has moved up 157.69%.
Weight Watchers global, Inc.is a supplier of weight control services. During the same quarter in the prior year, the business posted $0.67 earnings per share.
Now taking a look at where research firms see the stock heading short term, the analyst consensus price target for Walt Disney Co (NYSE:DIS) is currently at $118.157. The company operates globally through a network of Company-owned and franchise businesses. Weight Management supplies weight management software comprised of nutritional, exercise and behavioral instruments Plans and tactics. Through WeightWatchers.com, the Company offers Internet subscription weight management products to consumers and maintains an interactive presence on the Internet for the Weight Watchers brand.