Weight Watchers International Inc (NASDAQ:WTW) To Release Earnings
“The high awareness of Oprah’s success and happiness with the program is helping to revitalize consumer interest in our brand here in North America”, said Chris Sobecki, who is a member of the company’s interim executive team as it looks for a CEO successor after Jim Chambers resigned previous year. The company had a trading volume of 6,835,038 shares. Its price to free cash flow for trailing twelve months is 15.08 and Current ratio for most recent quarter of 0.70.
Weight Watchers expects to post profit of as much of $1.40 a share in 2017, while analysts had estimated $1.17. (NYSE:WTW) a rating of 2.1 on a scale of 1 to 5. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions.
Considering the performance, Weight Watchers International, Inc. These analysts have also projected a Low Estimate of $0.17/share and a High Estimate of $0.2/share. All of these Earnings estimates are a consensus recommendation of 3 Analysts.
Q4 2016 results include out-of-period adjustments which benefited EPS by $0.02 per fully diluted share. Higher EPS estimate is noted at $0.54 while lowest EPS estimate among analysts is targeted at $0.50.
Brokerage firms now have a positive stance on shares of Weight Watchers International, Inc. (NYSE:WTW) traded up 9.93% during midday trading on Tuesday, hitting $14.39. Zacks Investment Research raised Weight Watchers International from a hold rating to a strong-buy rating and set a $13.00 price objective for the company in a report on Wednesday, November 9th. The median estimate represents a 42.46% increase from the last price.
Analysts give WTW a mean recommendation of 2.50. This company shares are 57.54% off its target price of $22.67 and the current market capitalization stands at $933.62M.
The company shows its Return on Assets (ROA) value of 3.3%. Weight Watchers International has a 52 week low of $9.37 and a 52 week high of $16.13. The third largest holder is Vanguard Group Inc, which now holds $29.55 million worth of this stock and that ownership represents almost 3.16% of its market capitalization. Last October, the issue bottomed at $5.70 and peaked at $28.05 the following month. The stock stands almost -10.79% off versus the 52-week high and 53.58% away from the 52-week low.
Annual earnings per share (EPS) growth noted at -26.20% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 15.00% in coming 5 years.
End of Period Subscribers in Q4 2016 were up 9.7% as compared to the prior year period, mainly driven by continued recruitment growth in North America where End of Period Subscribers raised 12.3%.
So far this year, Chief Financial Officer Nick Hotchkin said, the company’s advertising bets appear to be paying off in attracting new members.