Analysts Expect Weight Watchers International, Inc. (NASDAQ:WW) to Post $0.65 Earnings Per Share

Wall Street analysts expect Weight Watchers International, Inc. (NASDAQ:WW) to report earnings per share (EPS) of $0.65 for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for Weight Watchers International’s earnings, with estimates ranging from $0.59 to $0.70. Weight Watchers International posted earnings per share of $1.01 in the same quarter last year, which indicates a negative year-over-year growth rate of 35.6%. The company is expected to issue its next earnings report on Monday, August 5th.

On average, analysts expect that Weight Watchers International will report full year earnings of $1.53 per share for the current financial year, with EPS estimates ranging from $1.42 to $1.67. For the next fiscal year, analysts anticipate that the business will report earnings of $1.91 per share, with EPS estimates ranging from $1.60 to $2.45. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Weight Watchers International.

Weight Watchers International (NASDAQ:WW) last announced its earnings results on Thursday, May 2nd. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $0.10. Weight Watchers International had a negative return on equity of 20.48% and a net margin of 11.84%. The company had revenue of $363.00 million for the quarter, compared to analyst estimates of $365.91 million. During the same period in the prior year, the company posted $0.31 EPS. Weight Watchers International’s quarterly revenue was down 11.0% on a year-over-year basis.

A number of brokerages have issued reports on WW. ValuEngine lowered Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Bank of America reaffirmed a “buy” rating and issued a $143.00 target price on shares of Xilinx in a research report on Friday, May 3rd. JPMorgan Chase & Co. set a €33.40 ($38.84) target price on Siemens Healthineers and gave the company a “neutral” rating in a research report on Thursday, July 11th. B. Riley upped their target price on Rogers from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Finally, Zacks Investment Research lowered Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Saturday, May 11th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company. Weight Watchers International presently has an average rating of “Hold” and an average price target of $23.00.

Shares of WW traded up $0.42 during trading on Tuesday, reaching $25.07. The company’s stock had a trading volume of 2,531,300 shares, compared to its average volume of 3,595,473. The business’s fifty day moving average price is $19.96. Weight Watchers International has a twelve month low of $16.71 and a twelve month high of $96.47. The company has a market cap of $1.64 billion, a P/E ratio of 7.86, a price-to-earnings-growth ratio of 1.28 and a beta of 2.34.

In related news, General Counsel Michael F. Colosi sold 16,898 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $22.41, for a total transaction of $378,684.18. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, General Counsel Michael F. Colosi sold 16,993 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $17.03, for a total value of $289,390.79. The disclosure for this sale can be found here. Corporate insiders own 12.03% of the company’s stock.

Weight Watchers International Company Profile

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.

Further Reading: Diluted Earnings Per Share

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