Weight Watchers International, Inc. (NASDAQ:WW) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 10,128,400 shares, a decline of 5.5% from the May 15th total of 10,714,000 shares. Based on an average trading volume of 3,090,000 shares, the short-interest ratio is currently 3.3 days. Approximately 16.6% of the shares of the company are sold short.
WW stock traded down $0.42 during trading hours on Friday, reaching $24.78. 3,088,231 shares of the stock were exchanged, compared to its average volume of 2,418,573. The firm’s 50-day simple moving average is $20.36. The company has a market cap of $1.66 billion, a P/E ratio of 7.77, a price-to-earnings-growth ratio of 1.30 and a beta of 2.34. Weight Watchers International has a 12 month low of $16.71 and a 12 month high of $96.47.
Weight Watchers International (NASDAQ:WW) last announced its quarterly earnings data on Thursday, May 2nd. The company reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.26) by $0.10. The company had revenue of $363.00 million during the quarter, compared to analysts’ expectations of $365.91 million. Weight Watchers International had a negative return on equity of 20.48% and a net margin of 11.84%. Weight Watchers International’s revenue for the quarter was down 11.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS. On average, equities research analysts predict that Weight Watchers International will post 1.53 earnings per share for the current year.
A number of research analysts have commented on WW shares. B. Riley boosted their target price on Rogers from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. JPMorgan Chase & Co. set a €33.40 ($38.84) price target on Siemens Healthineers and gave the stock a “neutral” rating in a research report on Thursday, July 11th. Bank of America reaffirmed a “buy” rating and issued a $143.00 price target on shares of Xilinx in a research report on Friday, May 3rd. DA Davidson raised Weight Watchers International from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $24.50 to $32.00 in a research report on Friday. Finally, Zacks Investment Research cut 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 given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $24.80.
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.
Read More: What is the strike price in options trading?
Receive News & Ratings for Weight Watchers International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International and related companies with MarketBeat.com's FREE daily email newsletter.